Mutual fund
This query is : Resolved
Varun Shah
(Querist)
25 May 2013
Dear Sir/Mam,
My dad have purchased Mutual fund in 2007 under my name. At that time I was not having PAN no. After getting PAN in FY 2011-12, my dad have provided the PAN to the mutual fund company.
Now please tell whether I can show this in My IT Return for FY 2011-12 or not. And also please tell the manner of treatment.
Thanking You.
My dad have purchased Mutual fund in 2007 under my name. At that time I was not having PAN no. After getting PAN in FY 2011-12, my dad have provided the PAN to the mutual fund company.
Now please tell whether I can show this in My IT Return for FY 2011-12 or not. And also please tell the manner of treatment.
Thanking You.
CA Harish Suwalka
(Expert)
25 May 2013
what is the need to show MF in Income tax return, Have you sold some units ?
if yes, than go ahead and show the capital gain earned on those units on fifo basis.
if yes, than go ahead and show the capital gain earned on those units on fifo basis.
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Varun Shah
(Querist)
27 May 2013
No I Have not sold any units. Thanks alot.
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