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How to calculate and computation in share transactions
how to Calculation of turnover and computation of income for f&o and intra day trading in share transactions under I.t. act
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In case of Intraday Trading and futures, the Turnover equals Absolute Profit. Absolute Profit is the sum of all positive and negative differences from all the transactions. In case of Options turnover can be calculated by adding the premium obtained on selling the options to the absolute profit.
How to passed accounting entries shares transactions for F&O and intra- day- trading
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