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<h1>Financial Institutions Must Register on E-filing Website to Submit Statements Under Income-tax Act, 1961 & Rules, 1962.</h1> The notification outlines the procedures for registration and submission of statements by reporting financial institutions under the Income-tax Act, 1961 and Income-tax Rules, 1962. Financial institutions must register on the e-filing website using their Income Tax Return login ID to generate an ITDREIN, which cannot be deactivated once created. They must submit details of the reporting entity, designated director, and principal officer, who will receive activation instructions via email and SMS. Institutions must file Form 61B or a Nil statement using a Digital Signature Certificate. Existing registered entities can view and manage their ITDREIN details online. Previous notifications are withdrawn.