SFT TRANSACTION

224 views
User Avatar

B.COM DTL CA FINAL
170 Points Posted on 07 June 2020
SIR, SFT TRANSACTION MANDATORY OR NOT IF ASSESSEE NOT COVERED TAX AUDIT
MY CLINT 26 AS SHWON SFT 0005 AND SINGLE TRANSACTION OF RS. 20,00,000
0 Reply Share Follow
On 07 June 2020 at 20:06 Report
Replies (2)
Quick Summary
This discussion addresses whether SFT (Statistical Financial Transaction) reporting is mandatory for a client with a single transaction of Rs 20,00,000, even if they are not covered under tax audit requirements. The consensus is that an SFT transaction filing is indeed required in this scenario, and a preliminary response can be submitted.

User Avatar

12244 Points Posted on 08 June 2020
Yes you need to file form 61a
Reply
On 08 June 2020 at 02:34
User Avatar

B.COM DTL CA FINAL
170 Points Posted on 08 June 2020
SFT preliminary response bhi file kar sakte ho
Reply
On 08 June 2020 at 08:33

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Guidence requested for a Finance Professional with
  2. Expert Opinion Required – Form 140 Gross Amo
  3. WRONG TAX DEMAND - formal responses , rectificatio
  4. Foreign remittance
  5. Affordable Residential Flats in Gurgaon
  6. Manufacturing
  7. TAN REGISTRATION ON E-FILLING SITE
  8. Form 10-IEA – Continuing Old Regime
  9. Income tax act 2026
  10. Belated Return where Form 10IEA filed this year to

More recent discussions | Post

Related Topics :

Loading