ITD- Mutual fund

This discussion addresses concerns about receiving notices from the IT Department for investing over ₹2.5 Lakhs in mutual funds and stocks. It clarifies that while mutual funds are taxable instruments, simply investing this amount doesn't automatically trigger a notice. The consensus is that filing your Income Tax Return (ITR) is crucial, especially if you've made such investments, even if it's a nil return. If you've consistently filed your ITR and declared all income sources, you're unlikely to face issues.