Sft-018 purchase of mutual fund

it assessess ais information download f.y 22-23
sft 018 purchase of mutual fund value rs:29,999/-
sft 018 purchase of mutual fund sip value rs:29,999/-
sft -018 purchase of mutual fund sip value rs:29,999/-
question:
assessess how the show procedure in it returns and accounting records in books.
Replies (1)

Generally, there is no need to declare the purchase of MF in ITR; but it effects personal BS.

In accounts the MF account gets debited against Bank balance.

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