As per the requirements in ITR-1 information in respect to following needs to be furnished.
1) Payment made by you of an amount of two lakh rupees or more for purchase of units of Mutual Fund
2) Payment made by you of an amount of one lakh rupees or more for acquiring shares issued by a company.
Kindly let me know if the above is for a single transaction or is meant for entire portfolio in MF's or shares in a financial year .
Hi,
It is for the entire financial year and not for a single transaction.
regards
balaji
| Originally posted by :Balaji R K | ||
| " |
Err... I hope it is for investment in one share/MF only in a financial year and not for entire portfolio !! |
" |
This covers only one shares/MF during the year
CAclubindia
