NIL SFT Return for 44AB

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is person liable for tax audit u/s 44ab .. required to file SFT return mandatorily even if it is nil?
Replies (8)
Yes, nil return is mandatory. please login income tax site & file nil SFT return
yes it is mandatory

NO ITS NOT MANDATORY

 

please explain me what is SFT return??

In SFT Return all the cash receipts exceeding Rs 2,00,000/-   from a single transaction or from a single person or in a single day needs to be reported in form 61A and due date of uploading the form is 31.05.18.

What about an assessee having no sft transactions but had filed nil sft return last year
@ Pranav

you are required to file nil return
Originally posted by : Pranav Mantri
What about an assessee having no sft transactions but had filed nil sft return last year

see the attached file 


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