Comment on Taxation Simplified
commented on
12 Mar 2014, 10:02 PM
hmmm.. What if your net profit was 0, then would your turnover have been 0? Personally, I don’t think showing only your profit as turnover is correct. Turnover should ideally be the sum of total buy value and sell value (not the difference) in case of equity or/and sum of settlement profits and losses in case of F&O