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Treatment of monthly income plan investments

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 August 2015 Please provide me the treatment of Investments in Monthly Income Plan while computing Income Tax? How can we compute gain or loss on Investments in Monthly Income Plan?
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Amol S Joglekar

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Amol S Joglekar (Expert)
05 August 2015 The question of computing gain or loss arises when the same is sold.

While investing, there is hardly any treatment so far as income tax act is concerned except however, the amount is BIG.

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