How Is Turnover Calculated?

How Is Turnover Calculated?

In trading, turnover refers to the aggregate value of your executed transactions during a financial year. It is an important input for computing your tax liability under the Income Tax Act, 1961. At FYERS, turnover is calculated in line with the guidelines issued by the Institute of Chartered Accountants of India (ICAI).

You can view your turnover in FYERS from the Reports section on both the FYERS App and FYERS Web.

Where to Find Your Turnover in FYERS

On FYERS App

  1. Open the FYERS App and log in.
  2. Tap the menu icon (☰) on the top-left.
  3. Under the Track section, tap Reports.
  4. In the P&L and charges section, tap Charges.
  5. Open Turnover & Expenses to view your turnover and related details.

On FYERS Web

  1. Log in to https://fyers.in/web.
  2. Click your Profile icon (top-right corner).
  3. Under the Track section, click Reports.
  4. In the P&L and charges section, click Charges.
  5. Open Turnover & Expenses to see your turnover summary.
Tip: For tax filing, download your Tax P&L and Turnover & Expenses reports from the Reports section and share them with your CA instead of raw trade files.

How Is Turnover Calculated Across Segments?

Turnover is computed differently for each type of trading product. Below is how FYERS calculates it segment-wise:

  • Equity Intraday Trading: Turnover is the absolute sum of the profit and loss for each scrip (difference between buy and sell value for intraday trades).
  • Delivery-Based Equity Trading: Turnover is the total sell value of equity shares sold during the year.
  • Futures Trading: Turnover is the sum of all positive and negative differences (absolute profit and loss on futures contracts).
  • Options Trading: Turnover is the sum of all positive and negative differences (absolute profit and loss on options trades). At FYERS, we follow the ICAI’s revised method, where option premiums received are not added separately to turnover.

The table below illustrates sample turnover calculations for different transaction types:

Transaction Type
Buy Amount
Sell Amount
Difference
Turnover
Equity Intraday
₹50,000 (100 × 500)
₹52,000 (100 × 520)
₹2,000
₹2,000
Equity Delivery
₹40,000 (100 × 400)
₹42,000 (100 × 420)
₹2,000
₹42,000
Futures
₹6,00,000 (100 × 6,000)
₹6,02,000 (100 × 6,002)
₹2,000
₹2,000
Options
₹2,000 (100 × 20)
₹3,000 (100 × 30)
₹1,000
₹1,000

Notes

  • Closed Positions Only: Turnover is calculated only for positions that are closed within the financial year.
  • Options Trading: Because turnover is based on absolute profit and loss, option strategies with multiple legs can show a high turnover even if the net P&L is small.

What If...

ScenarioWhat You Should Know / Do
Turnover looks high compared to my net profit or lossThis is normal for intraday, futures, and options because turnover uses the absolute profit and loss (both winning and losing trades added).
My CA’s turnover figure doesn’t match FYERSConfirm that your CA is using the ICAI revised method for options (no separate addition of option premiums) and using only closed positions.
I only do delivery-based equity investingYour turnover is simply the total sell value of all shares sold during the year.
I need turnover details for tax filingDownload Tax P&L and Turnover & Expenses from the Reports section and share them with your tax professional.
I am not able to understand my turnover reportYou can contact us with your Client ID, and our team will assist you in interpreting the report.

Last updated: 20 Nov 2025