Central Board of Direct Taxes (CBDT) Issues Clarification on furnishing Statement of Financial Transaction (SFT) & SFT Preliminary Response

Central Board of Direct Taxes (CBDT) Issues Clarification on furnishing Statement of Financial Transaction (SFT) & SFT Preliminary Response https://www.taxtmi.com/news?id=18085 The CBDT requires reporting persons with reportable transactions to register on the e filing portal and obtain an ITDREIN using their income tax e filing login; PAN holders must use PAN based ITDREIN while TAN holders may generate ITDREIN where organisational PAN is unavailable. A portal "SFT Preliminary Response" lets reporting persons mark specified transaction types as not reportable. Form 61A upload utilities, schema, and guidance are on the e filing and clean money sites, and electronic submission mandates a class 2 or 3 Digital Signature Certificate with instructions in the help section. en-us Fri, 26 May 2017 12:36:50 +0530 Fri, 26 May 2017 12:36:50 +0530 TaxTMI RSS Generator Central Board of Direct Taxes (CBDT) Issues Clarification on furnishing Statement of Financial Transaction (SFT) & SFT Preliminary Response https://www.taxtmi.com/news?id=18085 The CBDT requires reporting persons with reportable transactions to register on the e filing portal and obtain an ITDREIN using their income tax e filing login; PAN holders must use PAN based ITDREIN while TAN holders may generate ITDREIN where organisational PAN is unavailable. A portal "SFT Preliminary Response" lets reporting persons mark specified transaction types as not reportable. Form 61A upload utilities, schema, and guidance are on the e filing and clean money sites, and electronic submission mandates a class 2 or 3 Digital Signature Certificate with instructions in the help section. News - Fri, 26 May 2017 12:36:50 +0530 https://www.taxtmi.com/news?id=18085