Comment on Taxation for Traders - Introduction

Sub : All Trading Expenses (Brokerages,STT,Transaction charges etc)..+ Option sell side for turnover issues.

Dear Sir
I like to know that while passing entries in Acc Softwares like Tally – Do I have to include all the Trading Expenses in the Gross value(Qty*RATE of Shares) or which exp. to include and which to give separate effect in Books of Accounts.
While turnover matter – sell side in Options means (Qty*sell Rate) = Amount. Now this Amount is considered in Turnover. So i have to include Trading Expenses also for turnover?
Hope you have understood my Query.

Regards
Mayur Patel
email – [email protected]

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