Is it required to file the return if we buy the shares without selling any shares in a previous year 2018-19 of rupees more than Rs 5,00,000
Can anyone help me
Thank you
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About filing of incomtax return
Replies (1)
If your gross total income doesn't exceed basic exemption limit (for individual < 60 years, its 2,50,000/-), then mere buying of shares doesn't make it liable to file return. But it is always advisable to file.
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