Tag Archives: Statement of Financial Transaction

The income tax department has extended the due date for filing of Form 61A from May 31st, 2017 to June 30th, 2017.             F.No.279/Misc./M-63/2017-ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes       New Delhi, the 31st …

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 …

To keep a watch on high value transactions undertaken by the taxpayer, the Income-tax Law has framed the new concept of furnishing of “Statement of financial Transactions” in Form No 61A (previously called as ‘Annual Information Return (AIR)’. With the help of the statement the tax authorities will collect information …

“CBDT notifies revised rules for quoting PAN and reporting of financial transactions to income tax authority“. Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 31st December, 2015 Subject: Amendment of Rules regarding quoting of PAN for specified transactions to come …