Comment on Taxation Simplified

Abrar commented on 09 Oct 2013, 09:34 AM

1) So if I sell Nifty PE first @ 20, 100 lots (20*100=2000) and buy it subsequently @ 10 (10*100lots=1000) my profit is Rs 1000, so will that be the turnover?

Or

2) Turnover = sell of rs 2000 + profit of rs 1000 = 3000?

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