Comment on Tax loss harvesting

Nithin Kamath commented on 22 Apr 2015, 01:38 PM

Ajay, For calculation of turnover, all credits and debits make turnover together (they don’t negate each other). So if you made profit of Rs 100 and then loss of Rs 100, the turnover will be Rs 200, and not Rs 0.

Hope this clarifies.

View the full comment thread »