Diffrent betwen delivery turnover and derived turnover

Delivery whic u trade in equity and Derviatives means F&O trading.

I THINK NO EFFECT

AS PROFIT OR LOSS FROM BOTH THE TRADING IS TAXABLE OR ALLOW UNDER INCOME TAX

ONE MORE THING

IN EQUITY THERE MAY BE SHORT TERM OR LONG TERM GAIN / LOSS

IF IT IS LONG TERM GAIN THAN IT IS NOT TAXABLE (SUBJECT TO THAT WE ARE PAYMET STT)

IF THERE SHORT TERM LOSS THAN IT CAN BE SET OFF DURING THE CURRET YEAR UNDER ANY OTHER HEAD OF INCOME

IF THERE IS LONG TERM LOSS THAN IT CAN BE SET OFF ONLY FROM LONG TERM GAIN

AND IN F& O THERE IS GENERALLY ALWAYS SHORT TERM GAIN/LOSS

GAIN IS FULLY TAXABLE AND LOSS CAN SET OFF