India.com

Entities to declare over Rs 2 lakh cash receipts by May 31: I-T

New Delhi, May 26 (IANS) The Income Tax Department on Friday said that entities/people who have received cash above Rs 2 lakh in 2016-17 fiscal for sale of goods and services need to file Statement of ...
Tax Guru

ITAT Bangalore Deletes Section 271FAA Penalty for SFT Delay

The ITAT Bangalore held that penalty under Section 271FAA cannot be imposed mechanically where delay in filing the correction statement of financial transactions (Form 61A) is caused by genuine ...
The Financial Express

CBDT issues clarification on furnishing statement of financial transactions

The due date for filing such SFT in Form 61A is May 31. The Central Board of Direct Taxes (CBDT) on Friday issued a clarification on furnishing statements of financial transactions. It said that ...
Indiatimes

Online facility created to fill up Form 60 and Form 61A during property registrations

CHENNAI: An online facility has been made available for filling up Form 60 and Form 61A while creating sale deed or entering an abstract of a sale deed. A press release from registration department on ...