sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
« Direct Tax »
 Has direct tax compliance risen sharply?
 CBDT gets three new members
 Income Tax Returns (ITR) filing: Interest from PPF is tax exempt; but on NSC, it is taxable
 Gift of capital asset to spouse is not chargeable to tax
  Communication to the Central Excise/Service Tax Taxpayers on migration to GST
 Institutions will soon have to file I-T exemption application online: CBDT
 CBDT issues Advisory to file Returns by 31st October
  Income–tax (Dispute Resolution Panel) (First Amendment) Rules, 2018
 CBDT Notification 74/2018 Income Tax
 No Further Due Date Extension for Tax Audit, CBDT Confirms
 Here’s what could happen if you don’t file your income tax returns on time

CBDT extends due date for furnishing Statement of Financial Transaction
June, 02nd 2017

The Central Board of Direct Taxes (CBDT) on Wednesday announced extension of the date of filing for Statement of Financial Transaction (SFT) under Section 285BA of the Income-tax Act, 1961, which requires furnishing under Rule 114E of the Income-tax Rules, 1962

The Central Board of Direct Taxes (CBDT) on Wednesday announced extension of the date of filing for Statement of financial transaction (SFT) under Section 285BA of the Income-tax Act, 1961, which requires furnishing under Rule 114E of the Income-tax Rules, 1962.

The due date for filing such SFT in Form 61A in respect of specified financial transactions registered or recorded during Financial Year 2016-17 was announced May 31st.

Representations were received in the CBDT requesting for extension of the date of filing of the said SFT on account of the teething problems and the volume of data to be compiled.

In view of these representations and in order to remove inconvenience and to facilitate ease of compliance, the CBDT, in exercise of powers conferred under section 119 of the Act, have extended the due date of furnishing of the SFT under Rule 114E of the IT Rules, read with sub-section of section 285BA of the Income Tax Act, 1961 in respect of specified financial transactions registered or recorded during Financial Year 2016-17, from May 31st to June 30th.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Bath SEO Company Birmingham SEO Company Bradford SEO Company Brighton and Hove SEO Company Bristol SEO Company Cambridge SEO Company Canterbury SEO Company Carlisle SEO Company Chester SEO Company Chichester SEO Company Coventry SEO Compan

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions