sir,
in ITR where to report FNO Derivatives Transactions. i know derivates absolute value is considered for turnover and for audit consideration, now where should i show sale, purchase figures of derivatives transactions.
RAHUL M (PROPREITOR) (47 Points)
23 September 2018sir,
in ITR where to report FNO Derivatives Transactions. i know derivates absolute value is considered for turnover and for audit consideration, now where should i show sale, purchase figures of derivatives transactions.
praveen
(Expert)
(350 Points)
Replied 24 September 2018
Show it in Speculation Business under Business Head...
RAMESHBHAI PATEL
(24 Points)
Replied 24 September 2018
praveen
(Expert)
(350 Points)
Replied 24 September 2018
Yes, Turnover = Profit- Expenses- Any taxes paid...