Income Tax Department identified errors in Statement of Financial Transactions filings, including duplicate reports and ...
New Delhi, May 25 (PTI) The Income Tax Department’s analysis of Statement of Financial Transactions filings by banks and mutual funds has identified common errors, such as duplicate reporting, ...
With only six days left to file the Statement of Financial Transactions (SFT) for FY26, the Income-tax Department has directed banks, mutual funds, and corporate entities to ensure flawless ...
CBDT has asked banks, mutual funds and other reporting entities to ensure timely and error-free filing of Statements of ...
The government has seen a strong and steady increase in direct income tax collections. More and more people are coming under the tax net as the government has digitalised various processes. This ...
Reporting entities filing Statements of Financial Transactions (SFTs) must avoid common mistakes such as incorrect PAN ...
Income Tax SFT return filing 2023: In view of difficulties faced by filers due to heavy traffic on the reporting portal, the Income Tax Department has given a couple of days more for filing of SFT ...
T department conducted an outreach program in Visakhapatnam to educate on Statement of Financial Transactions (SFT) filing.
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