Comment on Taxation for Investors

Ramesh kumar commented on 08 May 2016, 01:48 PM

I am salaried person. I had purchased 100 shares of sks microfinance in 2013 and sold them in Feb, 2016. I booked profit of Rs. 20000/-. I had also invested Rs. 5000/- in UTI banking sector fund (mutual fund) (equity fund) in may, 2013 and sold them in 2015 and booked profit of 1700/-. both these come under NIL tax liability as the holding period is more than one year. is it necessary to show these incomes or simply file ITR1?

if not ITR1 then which ITR form?

thanks

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