Hi,
Can anyone please describe the logic behind calculating Turnover in F&O trading.
Menu
Turnover under F&O Trading
Replies (4)
Quick Summary
In normal business turnover is based on sales and thus reaching the limit takes time. But in F&O it reached easily as each lot is valued high, Limit is reached easily, hence..
Turnover is equal to total of positive and negative difference trade/scrip wise ignoring negative difference plus premium received if you sell option.
Thank you
| Originally posted by : CA. Umesh kumar | ||
 |
Turnover is equal to total of positive and negative difference trade/scrip wise ignoring negative difference plus premium received if you sell option. |
 |
How is exercised option taken into account? Same as sold option? Thanks!
Recent Topics :
- Subject: Can I Apply for Fresh GST Registration on
- Additional place in GST RC
- Company 3 months old, INC-20A not filed, all 3 of
- How do I choose the Best GST Lawyers in New Delhi
- Loss on sale of residential flat after indexing al
- Short Deduction
- Large mismatch between AIS Business Receipts and G
- Income tax on Australian Stipendiary Steward on 3
- INCOME TAX SECTION 92E
- Queries on Tax Invoice and GST
Related Topics :
CAclubindia
