Dear Sir,
I have invest Rs.210000/-( its not a single payment investment its 9 Months SIP investment. some top up during marketing Crash ) In Mutual fund and Rs.109800/- In stock in Whole year. Its high Value Transaction ? in point of view income tax can i face any issue Means any notice etc Annual income Rs.400000/- i am regular filed ITR-1 due to income from Salary . I have Depsoit Rs.300000/- ( 1+1+1 Lacs in Fixed deposit ) As on april my bank balance Rs.118000/- Please suggest sir,
7 Replies
sabyasachi mukherjee
(27574 Points)
Replied 23 January 2024
Not matching with annual income can arrange
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 24 January 2024
Its high Value Transaction ?
- No...
Please suggest...
- As per Your inputs no issues. Keep records without missing...
(In mutual fund transaction is notified as HVT if above 2lakhs. But, No exact issue if it's single transaction or value).
- No...
Please suggest...
- As per Your inputs no issues. Keep records without missing...
(In mutual fund transaction is notified as HVT if above 2lakhs. But, No exact issue if it's single transaction or value).
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