Trading in stocks in f&o
This query is : Resolved
Harshad Khona
(Querist)
26 March 2018
My questions are
a) How to calculate turn over?
b) Can I take benefit of presumptive tax clause?
a) How to calculate turn over?
b) Can I take benefit of presumptive tax clause?
CA R SEETHARAMAN
(Expert)
26 March 2018
1 Turnover for f&o is sum of gains and losses.
2 yes presumptive clause benefit available on this turnover.
2 yes presumptive clause benefit available on this turnover.
Harshad Khona
(Querist)
26 March 2018
Thank you for the prompt response.
CA R SEETHARAMAN
(Expert)
26 March 2018
Welcome...................
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