Investment in MF Income tax department

Sir,

please suggest a person invested Rs. 3 Lacs in Mutual fund and stocks also. can he face notice from IT department.
someone told if any body invest more then Rs. 2 Lacs fifty thousand he she face notice from IT department

please suggest it's any myth or reality
Replies (1)
Yes.
can get notice.

better to file itr for the income received during the year.

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