Easy Office
LCI Learning

Mutual fund redemption change of financial year

This query is : Resolved 

25 July 2022 I have redeemed mutual fund on 30.march.2021
But the amount got credited in the bank on 2.April.2021(change of financial year).
For FY 20-21 I haven't declared this mutual fund income and filed ITR 1 though it was showing I AIS portal, return got processed also, but now for fy 21-22 do I have to file itr 2 for the same and declare that income or my previous return was wrong?

25 July 2022 Your previous ITR was defective; but to get relief, you can file updated return for AY 2021-22.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query