Hi,
My client's F&O turnover (absolute sum of profits and losses and sale value of options ) is 18 lakhs. Total loss from F&O transaction is Rs.43000. My query is while preparing P&L if I am showing turnover of 18 lakhs on credit side and 43000/- loss on debit side so what else should i disclose in the debit side to match both the sides.
Thanks,