Futures and options Turnover

Hi

 

For calculation of  F&O turnover, ICAI has given a new guidance note which says

Premium received on sale of options is also to be included in turnover. However, where the premium received is included for determining net profit for transactions, the same should not be separately included.

My question is we would be considering the premium received/sale value for net profit from F & O calculation. Can anyone please clarify the same.

 

Thanks

Indira K V

Replies (2)
Quick Summary
This discussion clarifies the calculation of Futures and Options (F&O) turnover, particularly regarding the inclusion of premiums received on option sales. According to new ICAI guidance, these premiums should be included in turnover unless they are already factored into the net profit calculation for the transactions. The consensus suggests that net profit and net loss should be combined to determine the overall turnover.

Premium received can't be considered as turnover..

Net profit and net loss should be clubbed to ascertain the turnover in FNO
Generally same is available in stock trading p&l , you can verify it

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details