My father has some short term capital gain in mutual funds. Which ITR form should he file? ITR1 or ITR3?
Hey Jenny,
In case of Short Term Capital Gains from Mutual Funds, you should file ITR 2.
However, if there is Presumptive Income in addition to the Capital Gains, then you need to file ITR 3.
Check out our tool to know which ITR Form to file - https://tools.quicko.com/know-your-itr-form
Hope this helps
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