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?
Menu
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.
Recent Topics :
- TDS ON IMMOVABLE PROPERTY - PURCHASE FROM NRI &
- Query to Tax Garden tax consultant
- Subject: Urgent Assistance Required – TRACES
- Claiming business re-imbursements while filing GST
- E-waybill 14 Digit Numbring
- Non filing of MGT-14 for MD appointment
- HUF AFFIDAVIT vs HUF DEED - REQUIREMENTS & STA
- Free Pre-Filing Tool to Match GSTR-3B vs GSTR-2B (
- MR AASHOK KUMAR SHARMA
- NIC codes for FIRMS registration of entity
Related Topics :
CAclubindia
