Urgent Share and Derivatives Trading
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 May 2010
How to Calculate Profit and turnover in case of derivatives ???
Please explain with an example or Global Sheet issued by the broker.
Please explain with an example or Global Sheet issued by the broker.
25 May 2010
take the total of favorable and unfavorable conditions of the derivatives...
e.g
Calculate scriptwise profit and loss, than:
Loss: 10 lacs
Profit: 15 lacs
Total: profit: 5 lacs
Total turnover: 25 Lacs ( for purpose of tax audit)
e.g
Calculate scriptwise profit and loss, than:
Loss: 10 lacs
Profit: 15 lacs
Total: profit: 5 lacs
Total turnover: 25 Lacs ( for purpose of tax audit)
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