How to Calculate & Check Turnover for Equity Delivery and Intraday
Turnover is relevant if you declare trading profits as business income. It helps determine whether a tax audit is applicable. If you classify trades as capital gains, turnover calculation is not required.
Equity Delivery Trades
- Definition: Shares are held for more than one day before selling.
- Turnover Rule: Only the sell value is considered turnover.
Example:
- Buy 100 Reliance @ ₹800 → Value ₹80,000
- Sell 100 Reliance @ ₹820 → Value ₹82,000
- Turnover = ₹82,000 (Sell value)
Intraday Equity Trades (Speculative)
- Definition: Buy and sell the same stock on the same day.
- Turnover Rule: Turnover = absolute profit + absolute loss from each trade.
Example 1 (Profit Trade):
- Buy 100 Reliance @ ₹800 → Sell @ ₹820
- Profit = ₹2,000 → Turnover = ₹2,000
Example 2 (Loss Trade):
- Buy 100 Reliance @ ₹820 → Sell @ ₹810
- Loss = ₹1,000 → Turnover = ₹1,000
👉 Annual turnover = Total of all absolute profits + losses across intraday trades.
🔎 How to Check Turnover in Kotak Neo
You can view your turnover directly in Kotak Neo Reports:
- Go to Kotak Neo → Reports → Realized Gain-Loss.
- Select the Transaction Duration (e.g., FY 2025–2026).
- At the top, you will see:
o Total P&L
o Charges & Taxes
o Total Turnover
- Click on the down arrow next to Total Turnover to see a bifurcation:
o Equity Delivery Turnover
o Equity Intraday Turnover
o Futures Turnover
o Options Turnover
(As shown in the screenshots above — where Equity Delivery Turnover = ₹71,528.09 and Intraday Turnover = ₹0)
Key Takeaways
- Delivery trades → turnover = Sell value
- Intraday trades → turnover = Absolute P&L (profit + loss)
- Check your turnover anytime in Kotak Neo → Reports → Realized Gain-Loss with segment-wise bifurcation.
Click here How to Calculate F&O Turnover
⚠️ Disclaimer: This information is for guidance only. Please consult a Chartered Accountant (CA) for turnover treatment specific to your case.
Open Demat Account