In a particular financial year, you want to show principal paid as a tax - deductible for Rs. 1,20,000 while your husband wants to show it for an amount of Rs. 1,00,000. (elementummoney.com)
Since your contributions are taxed upon payment, this will greatly influence the rates of return for that particular financial year. (qwoter.com)
As you would notice, most short term capital gains are taxed as per your marginal tax rate, that is, the rate of tax applicable in the particular financial year in which you sell the asset. (unovest.co)