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High value Translation MF investment or note

Others 278 views 3 replies
Dear Sir,

I am a regular filled ITR. in FY 2023-24 I have invest Rs. 220000/- in Mutual funds via SIP and purchase some stocks. so it's high value Transaction or note. can I face any notice from IT department.

please suggest
Replies (3)
No issues,
Rs. 2.20 lakhs is not a huge transaction.

But, This transactions (MF & Stocks) is shown in Your AIS & TIS...
Have you got the high value transaction email from the department
Gross total income...


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