How to know if SFT transaction report is required to be filed against a person or not ?
For example, if the deposits in any savings account is above 10L, then SFT must be filed.
But suppose the person has accounts at multiple banks and cumulative deposits is expected to be above the threshold limit, however deposits in each account is less than threshold then how to check and file SFT transaction report for the party ?
CAclubindia
