Reporting Cash Transactions under Rule 114E of IT Rules, 1962

Last updated: 23 December 2016


Rule 114E of Income-Tax Rules, 1962, for furnishing Statement of Financial Transactions (SFT) came into force with effect from 1st April, 2016.Any person who is liable for audit under section 44AB of the Income-Tax Act, 1961 is required to furnish a statement in respect of transaction at serial no.

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Category Income Tax   Report

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