ITR filing - doubt

Assessee has Sale and purchase of securities which was being reflected in AIS.

sale of securities - 5000/-
purchase of securities - 1000/-

should I have to compulsory report it in ITR or can leave it??

if I have to report then it is ITR 3, right?

please clarify....
Replies (4)
Quick Summary
This discussion clarifies whether small transactions of buying and selling securities, reflected in the AIS, need to be reported in an Income Tax Return (ITR). The consensus is that while not always compulsory for very small amounts, it's advisable to report them. It's confirmed that ITR 1 is sufficient for reporting these transactions under 'Income from Other Sources', rather than needing ITR 3.

You can report it in ITR 1 or 2 (as applicable w.r.t other income/s); under schedule 'Income from Other Sources'.

Oh ok. Thank you sir @ Dhirajlal Rambhia

My Pleasure .......           

Itr 1 is sufficient.

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