There r different comments on Turnover on trading. Kindly explain what value taken for TURNOVER in share maret trading for Delivery based Trading and non-delivery based trading such as Intraday, Future & Options and in Commodity Future Trading. I am a salaried person and did Trading in Future & Options, Commodity and incurred losses in F&O, Commodity & Intraday during FY:2012-13. If I dont want to claim any losses incurred in above trading can I avoid it reflecting in my ITR coz I have stopped trading now and wont be continuing for any gain in coming years.
CAclubindia
