bhai log,
so the turnover means TOTAL profit + TOTAL loss and nothing to do with the daily buy and sell turnover. Because nifty future overtrading may lead to 1 crore transaction (in buy and sell turnover) in few weeks easily.
kindly tell me whether my understanding is oky !?
and what are the Tips/ideas for new tax filers for derivative traders.
with cheers,
narayan.
so the turnover means TOTAL profit + TOTAL loss and nothing to do with the daily buy and sell turnover. Because nifty future overtrading may lead to 1 crore transaction (in buy and sell turnover) in few weeks easily.
kindly tell me whether my understanding is oky !?
and what are the Tips/ideas for new tax filers for derivative traders.
with cheers,
narayan.