GETTING STIPEND INVEST IN SHARE WHICH FORM WILL USE FOR INCOME TAX RETURN

trnghosh (sr asst) (207 Points)

16 June 2023  

My son who is doing his postgraduation in medicine from central institution and getting stipend and his institution deduct TDS as the amount of stipend is taxable. He has one Dmat account through which he invest in shares ( mainly invest money but do not do day trading). My question is whether he will choose ITR 1 for submission. Please respond me as I have to submit his return within 31st July 2023.

Hoping your kind assistance. 

Thanks

T K Ghosh

Kolkata