Hi Team,
I am trying to fill ITR on my own and this is the first time I am filling out.
I am salaried individual and thus opted for ITR 1 form and I have a small exposure on stocks and passive mutual funds. While filing my ITR for FY 23 - 24, in the AIS statement I see a section named "Sale of securities and units of mutual fund", under that I have sold stocks after 1 yr for small profit and similarly sold mutual fund units within one year for a small profit. These profits are little amount less than Rs 1000. Under such a scenario should I need to opt for ITR 2 and show the capital gains or can I stick to only ITR1 and ignore this small profit?
CAclubindia
