16 July 2023
Respected Sir/Madam, I have filed ITR-4 for AY 2022-23, For My business income and income from other sources like interest from banks, post office and NBFC. Since Oct. 2022, I have started to invest in Equity shares of listed companies. How I will show equity investment in my ITR-4 for AY 2023-24? Is it necessary to show equity investment in ITR? Or only Dividend Income have to shown in ITR? Kindly give your expert advise. With Regards, Prem Moolwani
16 July 2023
Purchase of shares or present holding in shares or MF units is not required to be declared in any ITR. Once you sell them or redeem units, you have to declare capital gains/loss in ITR. Yes, dividend earned over them in the year should be declared under head IFOS in the ITR.