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<h1>Rule 7: How to e-file annual securities transaction tax returns under section 101 and who must sign</h1> Rule 7 prescribes the manner and timeline for filing returns of taxable securities transactions under section 101 of the Act. Recognised stock exchanges must file in Form 1, mutual funds in Form 2, and insurance companies in Form 2A, each verified as specified in the respective form. These returns must be furnished electronically using a digital signature or electronic verification code, with technical standards, security, archival, and retrieval procedures specified by the Principal Director-General or Director-General of Income-tax (Systems). For mutual funds, the return is filed by the trustee or an authorised manager, and for insurance companies, by an authorised managing or whole-time director. All returns for a financial year must be filed by 30 June following that year.