Income tax mutual fund switch


This query is : Resolved 

Quick Summary
If you've switched money between mutual funds from the same company, you need to declare any capital gains made during the switch. While your income is solely from salary, this action typically requires you to file using ITR 2, rather than the simpler ITR 1.

19 August 2023 Sir,

Please suggest i have switch one mutual fund amount to 2nd mutual fund same house so can i go for ITR-1 or any other form because my income is only from Salary

Kindly guide

19 August 2023 You have to declare the capital gain over the switched MF scheme.
File ITR 2.

29 August 2023 Thank you very much Sir,

10 September 2024 You are welcome.


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