Income From Mutual Fund Sale for Govt. Employee AIS

306 views 2 replies

Hello Everyone,

I have a query related to my friend ITR. He is a Govt employee and his Salary in F.Y 20-21 is around 12 Lac. But when I visited to his profile and see the AIS.I found that he is also investing in Mutual funds and his mutual fund sale is 1.5 Lac and mutual fund purchase is 1.3 Lac. right now, What ITR should I have to file? If I am trying to file ITR-1 Can I show the STCG amount in "Income from Other Source" or If am file the ITR-2 but the Income is not more than 50 Lac ?

Replies (2)

STCG or LTCG - based on period of holding and type of fund i.e. Debt, Equity or Hybrid.

 

You have to file ITR 2

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
ARTICLESHIP 08 July 2026
Articles

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details