Sir,
kindly advise what is limit in SFT reporting Invest in mutual funds and shares
I have invested Rs. 200000 Lacs in Mutual fund and Rs. 100000 lac in stock. it's high value Transcation ?
Can I received Income tax notice from above Transcation. I am regular fillind ITR but Invest in stock market in first time
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SFT reporting Mutual fund Shares
Replies (3)
1. I have invested Rs. 200000 Lacs in Mutual fund and Rs. 100000 lac in stock. it's high value Transcation ?
Is this single payment...?!
2. I am regular fillind ITR but Invest in stock market in first time...
Well...
Which form You filed...???
Is this single payment...?!
2. I am regular fillind ITR but Invest in stock market in first time...
Well...
Which form You filed...???
All mutual fund transactions will be reported . high value or not, dept willl know it. Notice, no one can tell . If you have disclosed proper incomes for these investments, no need to worry.
@ Mr Sharath Chandra,
All transactions can be done by us. Its also regarded, reported and accounted. But, High value transactions to be came as high value transactions tap.
Also in mutual fund 2lakhs amount is notified as high value transaction.
All transactions can be done by us. Its also regarded, reported and accounted. But, High value transactions to be came as high value transactions tap.
Also in mutual fund 2lakhs amount is notified as high value transaction.
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