Mutual funds and shares investment

Dear All,

we have investment Rs. 3 Lacs in Mutual fund and Stock. so In ITR -2 where we can show these investment.

Kindly guide
Replies (5)
Quick Summary
This discussion clarifies how to declare investments in mutual funds and shares for Income Tax Return (ITR) purposes, specifically for ITR-2. Generally, investments only need to be reported if there's a profit or loss from selling them. The Automatic Information System (AIS) and Taxpayer Information Summary (TIS) will already contain details of your transactions. You might need to file ITR-2 if you have salary income over 50 lakhs or own more than one property, otherwise, ITR-1 may suffice.

Kya hi zaroorat ha rehnde do
No need to show investments
Why itr 2??
income from which head??
Income from Salary and Some Capital Gain
PAN based All your transactions are being reported to Income Tax and updated by dept. You can find those transactions in AIS & TIS statement. When you sell those shares and mutual funds, you may get profit or loss. Then only you could show this investment whether profit or not. Otherwise, you don't need to these investment in ITR. If you have salary more than 50 lakhs or more than 1 property income you can show ITR2. You can go ITR1

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