Specified Financial Transactions reporting form covers entity details, account data, property transactions, and PAN or no-PAN disclosures. Form No. 165 prescribes the reporting format for a Statement of Specified Financial Transactions under section 508(1) read with rule 237. It requires ... Summary
Specified Financial Transactions reporting form covers entity details, account data, property transactions, and PAN or no-PAN disclosures.
Form No. 165 prescribes the reporting format for a Statement of Specified Financial Transactions under section 508(1) read with rule 237. It requires statement particulars, principal officer details, and report-wise information for person-based reporting, account-based reporting in bank or post office accounts, and immovable property or stamp paper transactions. The form separately captures PAN and no-PAN details, transaction summaries, cash components, account particulars, property particulars, and a verification by the designated director certifying the correctness and completeness of the information furnished.
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