Turnover Calculation for Crypto Trading income

Kaal (Accountant) (4 Points)

14 January 2022  

For an individual classifying themselves as a trader, they will file the income as a business income. And they can take the advantage of presumptive taxation U/S 44AD.

How do you calculate the individual's turnover?

Is it the sum of profit and loss? Or buy value and sell value? Or something else.