Furnishing Statement of Financial Transactions and statement of non-PAN transactions

Income Tax department is sending email communications regarding Registration process for furnishing Statement of Specified Financial Transactions and statement of declaration of non-PAN transactions

Email communication read as follows

Dear Taxpayer,

The facility to register in e-Filing portal is available for furnishing statements in Form 61A in addition to Form 61.

• Form 61A– Statement of Specified Financial Transactions as per section 285BA(1) of the Income-tax Act, 1961. The process for registration to furnish Form 61A is given in Notification No.13/2016
• Form 61 – Statement containing particulars of declaration received in Form No. 60. Click here to know the step by step procedure for registration and upload of Form 61 in e-Filing portal.

The Notification No. 95/2015 and the Notification No. 104/2016 specify the circumstances and the persons required to furnish Form 61 and Form 61A.
Regards,
e-Filing Team,
Income Tax Department

For more information read below article:

• New requirement of filing Form No 61A for statement of financial transactions wef 1st April 2016

• Mandatory quoting of PAN for specified transaction wef 1st Jan 2016 – Rule 114B

• Change in rule regarding quoting of PAN wef 1st Jan 2016

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