F & O LOSSES in P & l statement

330 views 1 replies

Sir,

I am trading in F & O . while preparing P & L statement  we have to show the purchase price and sale price of the futures and options. For example: if i buy 1 lot of infosys futures 100 shares  at Rs:1500/- and sell at Rs:1400/-  The buying price is Rs:150000/- & selling price is Rs:140000/-

Similarly if i buy a 1 lot of 100 shares of Nifty10500 options(call) at  Rs:50/+ and sold it at Rs:60/- . Here the buying price is Rs:50000/- and selling price is Rs:60000/-

If a do a multiple of trades and i have to add all buying prices and selling prices and to show these figures in P & L  statement  or any other way.

While calculating the turnover , it is noticed that we will take sum of  positive and negative trades  in case of futures and we will take sum of  positive and negative trades plus premium on sale of options for determining whether audit is required or not.

 Please guide me the turnover figures are to be mentioned any where as per the above calculation a or actual buying & selling prices to be mentioned though it will be in crores due to multiple transactions.

 

regards,

suneel

Replies (1)
Yes you can take total of all F & O in p&l

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details