Turnover for F&O trader

Turnover for future is sum of all positive and negative trade one add profit and loss
e.g Profit 10000 + loss 5000 = turnover 15000

turnover for options would be sum of profit, loss and sale premium

eg. Profit 10000 + loss 5000 + Sale price 40000 = turnover 55000

income will be treated as business income

Yes, agree with Mr. Amish Maknojia

Mr. Amish, can you elaborate on option trade.

let's take simple example.

bought reliance option of 2000 at 50
sold same reliance option of 2000 at 60

what is turnover assuming only one trade.

(2000*60)= 120000
+(2000*60)-(2000*50) = 20000
Turnover = 140000

Thanks a lot