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Turnover in intraday trading

209 views 3 replies

Vijay Mohan

669 Points Posted on 17 September 2022

my client bOught 10 shares of W @ 6823 and sold @ 6857
and bought 5 shares of W @ 6824
and sold @ 6825
what is turnover

Replies (3)

Eswar Reddy S

CFO- at NHTF

58280 Points Posted on 17 September 2022

Equity intraday Trading comes under speculative business..You can directly enter the profit figure in speculative income
.

Coming to turnover, it will be sale value

sabyasachi mukherjee

Profession Business

28207 Points Posted on 18 September 2022

Turnover in intraday and profit from intraday trading can be filed under itr 2.

Eswar Reddy S

CFO- at NHTF

58280 Points Posted on 18 September 2022

Question is how much is turnover..

Intraday trading is covered under speculative and ITR-3 is applicable

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