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Annual Info Returns

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(Querist)
18 August 2009 My mutual fund investments for F.Y. 08-09 exceed Rs. 2 Lakhs. My investments are
in liquid funds where I frequently invest and withdraw. e.g
1. Invested Rs.10 Lakhs
2. Withdrawn Rs. 9 Lakhs
3. Invested Rs. 8 Lakhs

In the return while disclosing the MF investments over Rs. 2 Lakhs do I show it an gross investments (Rs. 18 Lakhs) or
as net (Rs.9 Lakhs) for the above example.

Thanks & Regards
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
21 September 2009 Net figures are shown in return generally.
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