Comments on: How to use losses to reduce tax http://www.jagoinvestor.com/2009/03/are-losses-friendly.html Financial Planning , Insurance , Mutual Funds , Investments Fri, 10 Feb 2012 15:50:18 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Srinivashttp://www.jagoinvestor.com/2009/03/are-losses-friendly.html#comment-36303 Srinivas Sat, 04 Feb 2012 11:56:37 +0000 http://www.jagoinvestor.com/?p=144#comment-36303 Manish, How much fine levy by IT if they found, we didn't pay tax for short time gains? Manish,

How much fine levy by IT if they found, we didn’t pay tax for short time gains?

]]> By: Manish Chauhanhttp://www.jagoinvestor.com/2009/03/are-losses-friendly.html#comment-28751 Manish Chauhan Sat, 05 Nov 2011 12:52:56 +0000 http://www.jagoinvestor.com/?p=144#comment-28751 Rustom Even you can do the case 2 thing ,but it has nothing to do with your current situation Manish Rustom

Even you can do the case 2 thing ,but it has nothing to do with your current situation

Manish

]]> By: Rustomhttp://www.jagoinvestor.com/2009/03/are-losses-friendly.html#comment-28541 Rustom Thu, 27 Oct 2011 14:01:15 +0000 http://www.jagoinvestor.com/?p=144#comment-28541 can this example (case 2) of saving tax be used by salary class of people? Like I'm not a businessmen or share market trader but a central Gov Employ my tax gets deducted at source about Rs 6800 pm, how should I save it because its my hard earned money...please suggest can this example (case 2) of saving tax be used by salary class of people? Like I’m not a businessmen or share market trader but a central Gov Employ my tax gets deducted at source about Rs 6800 pm, how should I save it because its my hard earned money…please suggest

]]> By: Manish Chauhanhttp://www.jagoinvestor.com/2009/03/are-losses-friendly.html#comment-27850 Manish Chauhan Tue, 04 Oct 2011 15:56:43 +0000 http://www.jagoinvestor.com/?p=144#comment-27850 Ashok If your salary was paid in India , that part will be taxable in India Manish Ashok

If your salary was paid in India , that part will be taxable in India

Manish

]]> By: Ashokhttp://www.jagoinvestor.com/2009/03/are-losses-friendly.html#comment-27693 Ashok Thu, 29 Sep 2011 10:47:51 +0000 http://www.jagoinvestor.com/?p=144#comment-27693 Nice to read all comments really it is useful for taxation purpose. I would like to know I worked out of India for three year on deputation by getting composite salary equivalent to USD. What so ever I was getting in India being offset against the equivalent USD and by deducting that amount balance being paid there i.e. out of India. Unfortunately or fortunately form 16 issued by parent company. Please let me know whether the amount paid india will be taxable or not. Nice to read all comments really it is useful for taxation purpose. I would like to know I worked out of India for three year on deputation by getting composite salary equivalent to USD. What so ever I was getting in India being offset against the equivalent USD and by deducting that amount balance being paid there i.e. out of India. Unfortunately or fortunately form 16 issued by parent company. Please let me know whether the amount paid india will be taxable or not.

]]> By: Manish Chauhanhttp://www.jagoinvestor.com/2009/03/are-losses-friendly.html#comment-25723 Manish Chauhan Thu, 04 Aug 2011 13:37:07 +0000 http://www.jagoinvestor.com/?p=144#comment-25723 Yes Yes

]]> By: Deepakhttp://www.jagoinvestor.com/2009/03/are-losses-friendly.html#comment-25585 Deepak Sun, 31 Jul 2011 11:03:39 +0000 http://www.jagoinvestor.com/?p=144#comment-25585 Manish Very nice article , one thing to confirm - you mentioned STCG , LTCG Tax % ( STCG - 15% for Equities etc ) . Is it still the same or it got changed . I read somewhere that STCG is now 20% for equities ? Please confirm Regards Deepak Manish

Very nice article , one thing to confirm – you mentioned STCG , LTCG Tax % ( STCG – 15% for Equities etc ) . Is it still the same or it got changed . I read somewhere that STCG is now 20% for equities ? Please confirm

Regards
Deepak

]]> By: Manish Chauhanhttp://www.jagoinvestor.com/2009/03/are-losses-friendly.html#comment-25558 Manish Chauhan Sat, 30 Jul 2011 12:02:02 +0000 http://www.jagoinvestor.com/?p=144#comment-25558 Yes .. you can claim the loss (mention in the return form) in the same year. so that you can claim it later (adjust with short term capital gain) . But if you didnt mention it , then its gone Manish Yes .. you can claim the loss (mention in the return form) in the same year. so that you can claim it later (adjust with short term capital gain) . But if you didnt mention it , then its gone

Manish

]]> By: ningthemhttp://www.jagoinvestor.com/2009/03/are-losses-friendly.html#comment-25557 ningthem Sat, 30 Jul 2011 11:59:38 +0000 http://www.jagoinvestor.com/?p=144#comment-25557 Thanks Manish, For 1: Some of my frens were talking abt it so I was curious to know that. For 2: That means that I could have claim in that financial year only? Thanks Manish,
For 1: Some of my frens were talking abt it so I was curious to know that.
For 2:
That means that I could have claim in that financial year only?

]]>