About filing of incomtax return

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Is it required to file the return if we buy the shares without selling any shares in a previous year 2018-19 of rupees more than Rs 5,00,000

Can anyone help me

Thank you
Replies (1)

If your gross total income doesn't exceed basic exemption limit (for individual < 60 years, its 2,50,000/-), then mere buying of shares doesn't make it liable to file return. But it is always advisable to file.

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