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can anyone provide profit & loss statement format for reporting F&O.
Replies (4)
Quick Summary
There is no specific format.
there is only one complication and that is computing the turnover. if you have the turnover there is very little things remaining to finalise
there is only one complication and that is computing the turnover. if you have the turnover there is very little things remaining to finalise
Sir i have the turnover and there is loss from F & O. How to show that in p/l
Pl can be dran by simply debitting all expenses relating to the f&o transactions.
are you asking for how to the profits in itr?
are you asking for how to the profits in itr?
Sir my turnover is around 36 lakhs and loss from f & o after all expenses is 260000. so on credit side turnover will come how to show debit side figure as loss is around 236000 and rest are expenses.
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