How to show equity mutual fund investments in ITR?

Salaried individuals often have a query as to where should they disclose their mutual fund investments while filing the income tax return in ITR-1. Since we are heading towards the deadline for filing the income tax return for the financial year 2021-2022, this query has again become prominent in our mailbox. Firstly, one doesn't have to pay taxes on their mutual fund investments if they haven't sold them in part or full during the relevant financial year. Even if your investment has appreciated in value, the gains are not taxable until they are realised. Gains from mutual funds are taxed as capital gains only wh

This article was originally published on June 22, 2022.