Should be add all negative values in the whole transaction for the year while preparing IT return on speculation mode... Is it the right way to prepare IT?
Experts advice...
2 Replies
Vaishnavi Ganesh
(Chartered Accountant)
(861 Points)
Replied 10 August 2018
Adding of negative and positive results and taking it as turnover applies only incase of futures and options.
rama krishnan
(12244 Points)
Replied 11 August 2018
attn: Ms. Vaishnavi... why the adding up of negative and positive figures is not applicable in the case of intraday and where it's given in the Act
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