Tax u/s 44ad
Querist : Anonymous
SECONDLY IN CASE OF OPTIONS WHAT IS TURNOVR IS IT SQUARE OFF VALUE OF A CONTRACT OR ADDITION OF ALL GAINS/LOSSESS.
THANK YOU VERY MUCH .
2. Absolute value of profit and loss is the turnover.
Querist : Anonymous
BUT I WANT TO KNOW THAT IT IS IN CASE OF FUTURES THAT WE ADD GAINS/LOSSES FOR TURNOVER PURPOSE.
IS IT SAME FOR OPTIONS ALSO. PLEASE TELL.
THANKS
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