SEO Sai Gr. Hosp.
208241 Points
Joined July 2016
If there is a NIL reportable transaction then the assessee is required to file only the ‘SFT Preliminary Response’ on the Income Tax Portal.
Steps to File SFT Preliminary Response:-
Step 1 : LOGIN TO https://www.incometaxindiaefiling.gov.in/ MY Account >> Reporting Portal (Beta Version) You will be redirected to the Reporting Portal >> Confirm
Step 2: Please select from the following options >> SFT Preliminary Response Submit New Response
a) Click Generate new ITDREIN
i) Select Form Type
ii) Select Reporting Entity Category
Step 3 : Click on Compliance
Step 4 : Click on SFT Preliminary Response
Step 5 : Please select the appropriate option under the reportable transaction:-
a) In case if there are some reportable transaction for the year which have been/ will be filled under Form 61A – Select YES
b) In case if the Transaction Type is Applicable, but there are no reportable transaction during the year – Select NO
c) In case if Transaction type is not Applicable – Select NOT APPLICABLE
Step 6 : Submit the SFT Preliminary Response