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 Wed, 08 Sep 2010 21:35:55 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Impact on Direct Tax Code on various products http://www.jagoinvestor.com/2009/03/are-losses-friendly.html#comment-9011 Impact on Direct Tax Code on various products Sun, 09 May 2010 13:26:29 +0000 http://www.jagoinvestor.com/?p=144#comment-9011 [...] does not differentiate between short-term and long-term capital gains, which means that any withdrawal after 31st Mar 2011 will be taxed in the year of withdrawal.  [...] [...] does not differentiate between short-term and long-term capital gains, which means that any withdrawal after 31st Mar 2011 will be taxed in the year of withdrawal.  [...]

]]> By: A guide to Hire a Good Financial Planner in India http://www.jagoinvestor.com/2009/03/are-losses-friendly.html#comment-8589 A guide to Hire a Good Financial Planner in India Sat, 01 May 2010 11:02:00 +0000 http://www.jagoinvestor.com/?p=144#comment-8589 [...] our Financial problems. Just because you know “what is a Mutual fund” or some “Tax laws” or can buy and sell stocks on Stock market, it does not mean that you don’t need a [...] [...] our Financial problems. Just because you know “what is a Mutual fund” or some “Tax laws” or can buy and sell stocks on Stock market, it does not mean that you don’t need a [...]

]]> By: Income Tax « Resources http://www.jagoinvestor.com/2009/03/are-losses-friendly.html#comment-7848 Income Tax « Resources Thu, 15 Apr 2010 11:02:27 +0000 http://www.jagoinvestor.com/?p=144#comment-7848 [...] Dont’s for filing your Income Tax Returns 18. Cost Inflation Index (From 1981-82 to till year) 19. How to use losses to reduce tax Posted in [...] [...] Dont’s for filing your Income Tax Returns 18. Cost Inflation Index (From 1981-82 to till year) 19. How to use losses to reduce tax Posted in [...]

]]> By: There is something about 31st July http://www.jagoinvestor.com/2009/03/are-losses-friendly.html#comment-6453 There is something about 31st July Sun, 14 Mar 2010 17:27:58 +0000 http://www.jagoinvestor.com/?p=144#comment-6453 [...] the tax-planning season about to end, most individuals are rushing around to make investments to minimise their tax liability. And although the last date for filing income tax returns is just a few months away (July 31), some [...] [...] the tax-planning season about to end, most individuals are rushing around to make investments to minimise their tax liability. And although the last date for filing income tax returns is just a few months away (July 31), some [...]

]]> By: manish http://www.jagoinvestor.com/2009/03/are-losses-friendly.html#comment-2217 manish Fri, 11 Dec 2009 19:15:16 +0000 http://www.jagoinvestor.com/?p=144#comment-2217 Vikram Thanks for you comments .. Vikram

Thanks for you comments ..

]]> By: DR.VIKRAM PAL http://www.jagoinvestor.com/2009/03/are-losses-friendly.html#comment-2209 DR.VIKRAM PAL Fri, 11 Dec 2009 12:37:23 +0000 http://www.jagoinvestor.com/?p=144#comment-2209 very informative article, helped clear lots of taxation queries. thx very informative article, helped clear lots of taxation queries.
thx

]]> By: Mac http://www.jagoinvestor.com/2009/03/are-losses-friendly.html#comment-981 Mac Tue, 25 Aug 2009 12:29:51 +0000 http://www.jagoinvestor.com/?p=144#comment-981 Hi Manish,<br /><br />My Father in law has transferred some 500 shares in my demat account 4 months back as gift. If I sell these now have what will be the tax treatment? Hi Manish,

My Father in law has transferred some 500 shares in my demat account 4 months back as gift. If I sell these now have what will be the tax treatment?

]]> By: Manish Chauhan http://www.jagoinvestor.com/2009/03/are-losses-friendly.html#comment-954 Manish Chauhan Fri, 21 Aug 2009 07:12:28 +0000 http://www.jagoinvestor.com/?p=144#comment-954 @Shrini <br /><br />Thanks for appreciation :)<br /><br />THe rule for adjusting STCG is that you can adjust it with only STCG from shares or Mutual funds , you cant just decrease 30k from your taxable income , if you have made 30k loss and also made 40k profit , then you can adjust them and show 10k as profit .<br /><br />You cant even adjust it with LTCG in share or mutual funds ,as they are exempt from tax :)<br /><br />Manish @Shrini

Thanks for appreciation :)

THe rule for adjusting STCG is that you can adjust it with only STCG from shares or Mutual funds , you cant just decrease 30k from your taxable income , if you have made 30k loss and also made 40k profit , then you can adjust them and show 10k as profit .

You cant even adjust it with LTCG in share or mutual funds ,as they are exempt from tax :)

Manish

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