I have purchased some large cap and multicap mutual funds. Should I mention them in the ITR1 OR do I need to fill some other ITR form while filing the ITR return at FY ending?
Should mutual funds be mentioned in ITR during purchase time or during redemption time?
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Equity mutual fund (not ELSS)
Replies (2)
at the time of redemption
Gain or Loss will arise at the time of redemption of MF units.
Right now you need not have to fill anything in ITR for investment.
ITR2 will have to be filed for the FY during which you redeem units.
Right now you need not have to fill anything in ITR for investment.
ITR2 will have to be filed for the FY during which you redeem units.
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