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News
Statement of Financial Transactions
Statement of Financial Transactions News
Income Tax department
26 May 2017
Banks, MFs should obtain identification nos for filing SFT
The Income Tax department on Friday said banks, mutual funds and financial institutions should obtain an identification number and file the statement of financial transaction (SFT) by May 31.
CBDT
23 Dec 2016
Businessmen, traders required to report cash receipt over Rs 2 lakh in single transaction: CBDT
Businesses and traders are required to report any single transaction of cash exceeding Rs 2 lakh for sale of goods and services to the income tax department.
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