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Owing to the new introduction, it is important to understand each and every information category of the ‘Annual Information Statement’. The present article highlights the information category ‘purchase of securities and units of mutual funds’ as covered under ‘Annual Information Statement’.

Information source for the information category ‘Purchase of securities and units of mutual funds’ under ‘Annual Information Statement’-

A different source of information for the category ‘Purchase of securities and units of mutual funds’ under ‘Annual Information Statement’ is explained in the following table-

Annual Information Statement – Purchase of securities & mutual funds units

Particulars Information Source Description
Purchase of bonds or debentures Form 61A – Statement of Financial Transaction (SFT-007) Information reported by the reporting entity relating to purchase of bonds or debentures will be considered under the Annual Information Statement.
Purchase of Shares Form 61A – Statement of Financial Transaction (SFT-008) Details of shares purchased (including share application money) are reported by the reporting entity. The same will be considered under the Annual Information Statement.
Purchase of mutual fund units Form 61A – Statement of Financial Transaction (SFT-010) Information reported by the registrar and transfer agents (i.e. RTA) relating to purchase of mutual fund units will be considered under the Annual Information Statement.
Purchase of securities Form 61A – Statement of Financial Transaction (SFT-017) Information reported by the depository relating to purchase of securities will be considered under the Annual Information Statement.
Purchase of mutual funds Form 61A – Statement of Financial Transaction (SFT-018) Information reported by the registrar and transfer agents (i.e. RTA) relating to purchase of mutual funds will be considered under the Annual Information Statement.
Purchase of securities Form 61 If PAN is not furnished by transacting party, information relating to the purchase of securities will be reported via Form 61. Such information will be considered under ‘Annual Information Statement’.
Payment to mutual funds for the purchase of its units Form 61 If PAN is not furnished by transacting party, information relating to Payment to mutual funds for the purchase of units will be reported via Form 61. Such information will be considered under ‘Annual Information Statement’.
Payment for acquiring shares Form 61 If PAN is not furnished by transacting party, information relating to payment for acquiring shares will be reported via Form 61. Such information will be considered under ‘Annual Information Statement’.
Payment for acquiring debentures or bonds Form 61 If PAN is not furnished by transacting party, information relating to payment for acquiring debentures or bonds will be reported via Form 61. Such information will be considered under ‘Annual Information Statement’.
Purchase of shares of the company Form 61 If PAN is not furnished by transacting party, information relating to the purchase of shares of the company will be reported via Form 61. Such information will be considered under ‘Annual Information Statement’.

Processing under ‘Annual Information Statement’ for information category ‘Purchase of securities and units of mutual funds’-

In case of duplication of information, ‘Annual Information Statement’ will process the information in the following manner-

1. Information source with a higher value will be displayed/ retained; and

2. Information source with a lower value will be stated/ marked as ‘Information is duplicate/ included in other information’.

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2 Comments

  1. PUNEETH S says:

    I have purchased SGB worth 54000 and mutual fund 3000 should I show this amt in ITR filing If yes under which head should it be shown. Plzz guide me Sir

  2. Ravendra Singh says:

    I am a salaried person having income from salary-14 lacks per annum, Interest from a deposit-11000, saving bank-20000, and purchase of security and unit of mutual fund-88000 as per AIS,
    Then I have to fill ITR-1 or ITR-2. please help me

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