https://www.taxtmi.com/acts?id=19947 Reporting financial institutions must maintain and report prescribed identifying and account data for each reportable account - including account holder and controlling person details, account identifiers, balances or values, and income or proceeds by account type - subject to phased reporting requirements, specified exceptions for unavailable taxpayer identification numbers, place of birth, and pre-existing accounts, and an elective exclusion for gross proceeds reported under the Crypto-Asset Reporting Framework. Reports are filed annually in Form 61B by electronic transmission with digital signature, signed by the Designated Director, and institutions must follow regulator-prescribed procedures and data standards. en-us Thu, 13 Aug 2015 11:36:21 +0530 Mon, 09 Mar 2026 13:07:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19947 Reporting financial institutions must maintain and report prescribed identifying and account data for each reportable account - including account holder and controlling person details, account identifiers, balances or values, and income or proceeds by account type - subject to phased reporting requirements, specified exceptions for unavailable taxpayer identification numbers, place of birth, and pre-existing accounts, and an elective exclusion for gross proceeds reported under the Crypto-Asset Reporting Framework. Reports are filed annually in Form 61B by electronic transmission with digital signature, signed by the Designated Director, and institutions must follow regulator-prescribed procedures and data standards. Act-Rules Income Tax Thu, 13 Aug 2015 11:36:21 +0530 https://www.taxtmi.com/acts?id=19947