SFT Requirement

Please let me know the entities, who require to furnish SFT (Statement for Financial
Transections) as per Income Tax Act.
Replies (2)
Quick Summary
This discussion clarifies the requirements for furnishing the Statement for Financial Transactions (SFT) as per the Income Tax Act. It highlights that SFTs are reported by financial institutions, and individuals generally do not have a compliance obligation to furnish them directly.

SFT are reported by financial institutions
Those are reported by the financial institutions. There is no complience on you.

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