Furnishing of Annual Information return under section 285BA of the Income tax Act, 1961

Furnishing of Annual Information return under section 285BA of the Income tax Act, 1961 https://www.taxtmi.com/circulars?id=2852 Section 285BA requires specified persons to file an Annual Information Return in Form 61A for prescribed transactions under Rule 114E. Filers must quote a unique folio (TAN) as identifier, aggregate reportable receipts/payments as single transactions dated to the financial year end, and report joint party details for high value immovable property transactions. Filers must verify PANs, furnish Part A in paper and Part B on compliant computer media conforming to the prescribed data structure, reconcile control totals, and correct and resubmit corrupted or non conforming AIRs. en-us Wed, 24 Aug 2005 00:00:00 +0530 Mon, 11 Aug 2008 12:36:00 +0530 TaxTMI RSS Generator Furnishing of Annual Information return under section 285BA of the Income tax Act, 1961 https://www.taxtmi.com/circulars?id=2852 Section 285BA requires specified persons to file an Annual Information Return in Form 61A for prescribed transactions under Rule 114E. Filers must quote a unique folio (TAN) as identifier, aggregate reportable receipts/payments as single transactions dated to the financial year end, and report joint party details for high value immovable property transactions. Filers must verify PANs, furnish Part A in paper and Part B on compliant computer media conforming to the prescribed data structure, reconcile control totals, and correct and resubmit corrupted or non conforming AIRs. Circulars Income Tax Wed, 24 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2852