I invested in ppf 15 yrs period expiring o
on march 2010, as per ppf rules there is no any tax on the amount receving after expiry,but if extend to 5 more years upto 2015 If there any tax applicable as per New IT rules? some friends reply for this in this forum but I am not understand so please clarify.Thanks
on march 2010, as per ppf rules there is no any tax on the amount receving after expiry,but if extend to 5 more years upto 2015 If there any tax applicable as per New IT rules? some friends reply for this in this forum but I am not understand so please clarify.Thanks
From: sangeeta kalra <sangkriti@yahoo.
To: sharetrading@
Sent: Thu, 11 February, 2010 12:24:30 PM
Subject: Re: [sharetrading] Re: short term capital gains/loss
regarding capital gains , the rule is in case of long term all the gains r exempt from tax thus loss is also not taxable. but in the case of short term losses, the loss is allowed to be carried forward and adjusted from the st capital gains only upto 8 years from the financial year in which u have suffered loss. the only condition is that u have to file the tax return within the due date. any other querry reg tax , u can refer to me ,i can b of some help in this regard. regards,sangeeta. --- On Thu, 11/2/10, sharetrading. moderator <sharetrading. moderator@ yahoo.com> wrote:
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