Easy Office
LCI Learning

Purchase of mutual fund show in it returns

This query is : Resolved 

08 July 2022 Sir,
It assessee purchase of mutual fund (sft-18) ICICI mutual fund rs:10,000/- and ICICI mutual fund rs:10,499/- show as per AIS information
Question:
Assessess purchase of mutual fund show procedure and taxation in books and it returns in f.y.21-22.

09 July 2022 Show it as capital gains.

09 July 2022 If its just purchase, no question of capital gain; so need not be declared in ITR.
Check if the purchase is genuine. If not, give feedback for rectification.




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