banner_ad

Capital Gain

168 views 3 replies
I have invested Mutual Fund in tha name of my father using his PAN but all activities are made by myself using Join Bank A/c. Now I was redeemed and credited through joint account. Now I file income tax to myself only but not file my father. Is it require to show that mutual fund redemption in my IT or my father IT?
Replies (3)

As per PAN details......... i.e. in your Father's account.

To avoid such troubles in future you should open joint account with your name first and joint name of your father.
And invest in your name and PAN
Follow Kapadia Sir's advice...

If your Father's PAN is given , then the MF will be reported in your Father's ITR.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details