Statement of Financial Transactions inclusion expands reporting obligations to complement annual information returns for specified financial transactions. The amendment adds Statement of Financial Transactions alongside Annual Information Return, substituting 'return' with 'return or statement' across specified sub rules and provisos, revising administrative designations to include the statement, and updating Form No.61A to the same effect; the rule is deemed effective from 1 April 2015 and applicable to the specified financial transactions for the stated financial period.
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Statement of Financial Transactions inclusion expands reporting obligations to complement annual information returns for specified financial transactions.
The amendment adds Statement of Financial Transactions alongside Annual Information Return, substituting "return" with "return or statement" across specified sub rules and provisos, revising administrative designations to include the statement, and updating Form No.61A to the same effect; the rule is deemed effective from 1 April 2015 and applicable to the specified financial transactions for the stated financial period.
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