my client bOught 10 shares of W @ 6823 and sold @ 6857
and bought 5 shares of W @ 6824
and sold @ 6825
what is turnover
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Turnover in intraday trading
Replies (3)
Quick Summary
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
.
Coming to turnover, it will be sale value
Turnover in intraday and profit from intraday trading can be filed under itr 2.
Question is how much is turnover..
Intraday trading is covered under speculative and ITR-3 is applicable
Intraday trading is covered under speculative and ITR-3 is applicable
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