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turnover in Future & Option

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(Querist)
10 July 2009 How turnover is consider of Future & Option under Sec.44AB ?

Example.
Scriptwise Profit and Loss to be considered as Turnover
or
Net amount of bill(Shown in Ledger) to be considered as Turnover
or
any other manner ?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
10 July 2009 Scriptwise profit + loss is the turnover for 44AB.

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