Hi,
My client's F&O turnover (absolute sum of profits and losses and sale value of options ) is 18 lakhs. Total loss from F&O transaction is Rs.43000. My query is while preparing P&L if I am showing turnover of 18 lakhs on credit side and 43000/- loss on debit side so what else should i disclose in the debit side to match both the sides.
Thanks,
K R Kiran Kumar & Associates
Bengaluru
CA Inter
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Austin Med Solutions Pvt Ltd
Bengaluru
CA
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Hema Yashwanth & Associates
Chennai
B.Com
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CCI
Pro
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