Comment on Taxation Simplified
commented on
15 Jun 2013, 07:34 AM
Hello Team,
I have a query. I trade in Options and as on 31st March 2013, I have open positions of Sell on Nifty options. This means that I have premium present in my account for selling that option. Now, while calculation Profit and Loss, should I deduct that premium amount for that open position from my profit/loss or should I report that premium in my profi/loss? And if the answer is to deduct the premium amount from my P/L, the what price should I consider while deducting (Purchase price or present price)?