Comment on Business Line: Read Section 44AD when filing return

Nithin Kamath commented on 31 Jul 2013, 07:38 AM

RainMaker Jul 31 2013, 1:04 pm
reposted it did not read the multiplication sign it beteen
What will be my turnover
100×1000 = 100,000 (buy); 110×1000 = 110,000 (sell); or 210,000 total
or it will be (assuming nifty spot was trading at the same level for buy / sell) 6000×1000 = 60,00,000 (buy); 6000×1000 = 60,00,000 (sell); or 120,00,000 total
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