Mutual Fund Investors – A Quick Question! 💼📊
When we invest in mutual funds, do all our investments appear in the AIS/TIS section of the Income Tax Return, or only some of them?
I have 5 mutual fund investments, but only 3 are showing up in my AIS/TIS report. Should I be concerned about this? 🤔...
Wondering how the tax department decides to send you a notice? Here’s a breakdown of the key transactions, especially focusing on cash and online dealings. Better safe than sorry, right? 😉
Let’s go:
1️⃣ Big Fat Purchases (Cash or Online): If you spend ₹10 lakh or more to buy a car—whether in...