ITR selection for salary plus MT purchase

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This discussion addresses the correct Income Tax Return (ITR) form for an individual with a salary of ₹7 lakh, ₹3 lakh invested in mutual funds (SIPs) but not yet sold, and ₹2 lakh from interest on savings and FDs. The user is unsure whether to use ITR1 or ITR2, especially since they've already filed ITR1 but it hasn't been processed, and they haven't sold any mutual funds.

Ritesh

Ritesh (Querist)
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29 July 2024 Hello sir ,

My wife is salaried and having income of 7 L . She have purchase Mutual fund (SIP ) of Rs 3 L but not yet sell anu Mutual fund .
She have also income of 2 L from intrest on saving and FD .
Which from should we choose ITR1 as MT not yet sale ? Or ITR2 ?

We have filed ITR 1 on 8th july but not yet process so raising this question. As ITR1 generally getting process in 1 or max 2 days .