Regarding SFT 10 - How to reply

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A salaried individual earning Rs 11 Lakhs annually and having invested Rs 10 Lakhs in mutual funds (reflected in 26AS) is seeking guidance on filing their ITR-1. They specifically want to know how to reply to SFT-10 and if any other formalities are required. The advice given is that no specific reply to SFT-10 is needed within ITR-1 itself, and the return should be filed based on Form 16, unless the Income Tax Department raises a query.

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(Querist)
19 November 2021 Respected sir
I am salaried person. My Current yearly salary is Rs 1100000/-.
I have invested Rs 10 Lakh in Mutual Fund. Such entry is reflected in my 26AS. Now I want to submit my income tax return ITR 1. So i have to ask you , what is process to reply SFT 10 ? & Any other formalities in ITR ? Please reply
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
19 November 2021 As such no formality for replying SFT 10 in ITR.
File ITR 1 as per form 16.
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Pankaj

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Pankaj (Querist)
19 November 2021 Thanks sir.
But any separate formalities to reply SFT 10 ? Please explain
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
19 November 2021 As on today none, unless any query raised by ITD.
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