MF And Stock Transactions

Dear Sir,
I have invest Rs.210000/-( its not a single payment investment its 9 Months SIP investment. some top up during marketing Crash ) In Mutual fund and Rs.109800/- In stock in Whole year. Its high Value Transaction ? in point of view income tax can i face any issue Means any notice etc Annual income Rs.400000/- i am regular filed ITR-1 due to income from Salary . I have Depsoit Rs.300000/- ( 1+1+1 Lacs in Fixed deposit ) As on april my bank balance Rs.118000/- Please suggest sir,
Replies (7)
Quick Summary
This discussion addresses concerns about whether significant investments in mutual funds (Rs. 210,000) and stocks (Rs. 109,800) over a year, alongside fixed deposits, could trigger income tax issues, especially with an annual income of Rs. 400,000. The consensus is that these transactions, even if considered high-value, should not cause problems as long as proper records are maintained. The advice suggests that having a substantial bank balance relative to income is not an issue for tax purposes.

MF AND STOCK TRANSACTIONS NOT POSSIBLE.
No issue. won't face any problem
Not matching with annual income can arrange
Thank you Sharath Sir,
@ Sabyasachi
Always wrong Reply.
Always wrong attitude
Its high Value Transaction ?

- No...

Please suggest...

- As per Your inputs no issues. Keep records without missing...


(In mutual fund transaction is notified as HVT if above 2lakhs. But, No exact issue if it's single transaction or value).

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