Investment High value Transcation

Vaneet Monga (Private) (265 Points)

09 February 2024  
Dear Sir,

please suggest for below

1. I have invested Rs. 2 Lacs in Mutual funds ( approximately 20 thousand per month SIP + lumpsum) and Rs. 2 Lacs in stock ( fifty thousand per month last 4 month) it can be treated high value Transcation ?
Can I face any query notice from IT department

2. In ITR 1 Or ITR 2 where I can show Rs.
4 Lacs above investment.

3. Can we adjust Stocks loss with Mutual funds profits

Please suggest