Treatment of monthly income plan investments
This query is : Resolved
Querist : Anonymous
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?
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.
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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