turnover for future & options trading
Rishab Goel (Student CA IPC / IPCC) (39 Points)
04 September 2017Please guide me how to calculate turnover while keeping in mind tax audit for trading in future and options ?
Thank you
Rishab Goel (Student CA IPC / IPCC) (39 Points)
04 September 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 04 September 2017
Turnover must be calculated, in the following manner:
Here, it makes no difference, whether the difference is positive or negative. All the differences, whether positive or negative are aggregated and the turnover is calculated.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 04 September 2017
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