Index: Lib/io.py
===================================================================
--- Lib/io.py	(revision 77519)
+++ Lib/io.py	(working copy)
@@ -880,7 +880,7 @@
         elif pos < 0:
             raise ValueError("negative truncate position %r" % (pos,))
         del self._buffer[pos:]
-        return self.seek(pos)
+        return pos
 
     def readable(self):
         return True
@@ -1215,8 +1215,7 @@
         if pos is None:
             pos = self.tell()
         # Use seek to flush the read buffer.
-        self.seek(pos)
-        return BufferedWriter.truncate(self)
+        return BufferedWriter.truncate(self, pos)
 
     def read(self, n=None):
         if n is None:
@@ -1667,8 +1666,7 @@
         self.flush()
         if pos is None:
             pos = self.tell()
-        self.seek(pos)
-        return self.buffer.truncate()
+        return self.buffer.truncate(pos)
 
     def seek(self, cookie, whence=0):
         if self.closed:
Index: Lib/test/test_fileio.py
===================================================================
--- Lib/test/test_fileio.py	(revision 77519)
+++ Lib/test/test_fileio.py	(working copy)
@@ -197,6 +197,17 @@
             f.close()
             self.fail("no error for invalid mode: %s" % bad_mode)
 
+    def testTruncate(self):
+        f = _fileio._FileIO(TESTFN, 'w')
+        f.write(bytes(bytearray(range(10))))
+        self.assertEqual(f.tell(), 10)
+        f.truncate(5)
+        self.assertEqual(f.tell(), 10)
+        self.assertEqual(f.seek(0, os.SEEK_END), 5)
+        f.truncate(15)
+        self.assertEqual(f.tell(), 5)
+        self.assertEqual(f.seek(0, os.SEEK_END), 15)
+        
     def testTruncateOnWindows(self):
         def bug801631():
             # SF bug <http://www.python.org/sf/801631>
Index: Lib/test/test_io.py
===================================================================
--- Lib/test/test_io.py	(revision 77519)
+++ Lib/test/test_io.py	(working copy)
@@ -87,7 +87,13 @@
         test_support.unlink(test_support.TESTFN)
 
     def write_ops(self, f):
+    
         self.assertEqual(f.write(b"blah."), 5)
+        f.truncate(0)
+        self.assertEqual(f.tell(), 5)
+        f.seek(0)
+      
+        self.assertEqual(f.write(b"blah."), 5)
         self.assertEqual(f.seek(0), 0)
         self.assertEqual(f.write(b"Hello."), 6)
         self.assertEqual(f.tell(), 6)
@@ -98,8 +104,9 @@
         self.assertEqual(f.write(b"h"), 1)
         self.assertEqual(f.seek(-1, 2), 13)
         self.assertEqual(f.tell(), 13)
+
         self.assertEqual(f.truncate(12), 12)
-        self.assertEqual(f.tell(), 12)
+        self.assertEqual(f.tell(), 13)
         self.assertRaises(TypeError, f.seek, 0.0)
 
     def read_ops(self, f, buffered=False):
@@ -144,7 +151,7 @@
         self.assertEqual(f.tell(), self.LARGE + 2)
         self.assertEqual(f.seek(0, 2), self.LARGE + 2)
         self.assertEqual(f.truncate(self.LARGE + 1), self.LARGE + 1)
-        self.assertEqual(f.tell(), self.LARGE + 1)
+        self.assertEqual(f.tell(), self.LARGE + 2)
         self.assertEqual(f.seek(0, 2), self.LARGE + 1)
         self.assertEqual(f.seek(-1, 2), self.LARGE)
         self.assertEqual(f.read(2), b"x")
Index: Lib/test/test_memoryio.py
===================================================================
--- Lib/test/test_memoryio.py	(revision 77519)
+++ Lib/test/test_memoryio.py	(working copy)
@@ -32,7 +32,7 @@
         self.assertEqual(f.seek(0), 0)
         self.assertEqual(f.write(t("h")), 1)
         self.assertEqual(f.truncate(12), 12)
-        self.assertEqual(f.tell(), 12)
+        self.assertEqual(f.tell(), 1)
 
     def test_write(self):
         buf = self.buftype("hello world\n")
@@ -83,7 +83,8 @@
         # truncate() accepts long objects
         self.assertEqual(memio.truncate(4L), 4)
         self.assertEqual(memio.getvalue(), buf[:4])
-        self.assertEqual(memio.tell(), 4)
+        self.assertEqual(memio.tell(), 6)
+        memio.seek(0, 2)
         memio.write(buf)
         self.assertEqual(memio.getvalue(), buf[:4] + buf)
         pos = memio.tell()
Index: Modules/_bytesio.c
===================================================================
--- Modules/_bytesio.c	(revision 77519)
+++ Modules/_bytesio.c	(working copy)
@@ -445,7 +445,6 @@
         if (resize_buffer(self, size) < 0)
             return NULL;
     }
-    self->pos = size;
 
     return PyInt_FromSsize_t(size);
 }
Index: Modules/_fileio.c
===================================================================
--- Modules/_fileio.c	(revision 77519)
+++ Modules/_fileio.c	(working copy)
@@ -646,8 +646,13 @@
 static PyObject *
 fileio_truncate(PyFileIOObject *self, PyObject *args)
 {
-	PyObject *posobj = NULL;
+	PyObject *posobj = NULL; /* the new size wanted by the user */
+#ifdef MS_WINDOWS
+	PyObject *oldposobj = NULL; /* file pointer memo for win32 */
+	PyObject *tempposobj = NULL; /* just to check some return values */
+#else
 	Py_off_t pos;
+#endif
 	int ret;
 	int fd;
 
@@ -662,56 +667,87 @@
 
 	if (posobj == Py_None || posobj == NULL) {
 		/* Get the current position. */
-                posobj = portable_lseek(fd, NULL, 1);
-                if (posobj == NULL)
+		posobj = portable_lseek(fd, NULL, 1);
+		if (posobj == NULL)
 			return NULL;
-        }
-        else {
-		/* Move to the position to be truncated. */
-                posobj = portable_lseek(fd, posobj, 0);
-        }
+	}
+	else {
+		Py_INCREF(posobj);
+	}
 
-#if defined(HAVE_LARGEFILE_SUPPORT)
-	pos = PyLong_AsLongLong(posobj);
-#else
-	pos = PyLong_AsLong(posobj);
-#endif
-	if (PyErr_Occurred())
-		return NULL;
+#ifdef MS_WINDOWS
 
-#ifdef MS_WINDOWS
 	/* MS _chsize doesn't work if newsize doesn't fit in 32 bits,
 	   so don't even try using it. */
 	{
 		HANDLE hFile;
+	
+		/* we save the file pointer position */
+		oldposobj = portable_lseek(fd, NULL, 1); 
+		if (oldposobj == NULL){
+			Py_DECREF(posobj);
+			return NULL;
+		}
 
+		/* we then move to the truncation position */
+		tempposobj = portable_lseek(fd, posobj, 0); 
+		if (tempposobj == NULL){
+			Py_DECREF(oldposobj);
+			Py_DECREF(posobj);
+			return NULL;
+		}
+		Py_CLEAR(tempposobj);
+
 		/* Truncate.  Note that this may grow the file! */
 		Py_BEGIN_ALLOW_THREADS
 		errno = 0;
 		hFile = (HANDLE)_get_osfhandle(fd);
-		ret = hFile == (HANDLE)-1;
+		ret = hFile == (HANDLE)-1; /* testing for INVALID_HANDLE value */
 		if (ret == 0) {
 			ret = SetEndOfFile(hFile) == 0;
 			if (ret)
 				errno = EACCES;
 		}
 		Py_END_ALLOW_THREADS
+
+		/* we restore the file pointer position in any case */
+		tempposobj = portable_lseek(fd, oldposobj, 0); 
+		if (tempposobj == NULL){
+			Py_DECREF(oldposobj);
+			Py_DECREF(posobj);
+			return NULL;
+		}
+		Py_CLEAR(oldposobj);
+		Py_CLEAR(tempposobj);
 	}
 #else
+
+#if defined(HAVE_LARGEFILE_SUPPORT)
+	pos = PyLong_AsLongLong(posobj);
+#else
+	pos = PyLong_AsLong(posobj);
+#endif
+	if (PyErr_Occurred()){
+		Py_DECREF(posobj);
+		return NULL;
+	}
+
 	Py_BEGIN_ALLOW_THREADS
 	errno = 0;
 	ret = ftruncate(fd, pos);
 	Py_END_ALLOW_THREADS
+
 #endif /* !MS_WINDOWS */
 
 	if (ret != 0) {
+		Py_DECREF(posobj);
 		PyErr_SetFromErrno(PyExc_IOError);
 		return NULL;
 	}
 
 	return posobj;
 }
-#endif
+#endif /* HAVE_FTRUNCATE */
 
 static char *
 mode_string(PyFileIOObject *self)