Penalty Introduced for Inaccurate Reporting in Statement of Financial Transactions to Enhance Tax Transparency. https://www.taxtmi.com/highlights?id=68073 Government analyzed the wrong information reported in the SFT - Government aim not fullfill of transparency between taxpayer and department - introduce a penalty on a person, who is liable to furnishing SFT or reportable account. en-us Fri, 03 Feb 2023 14:54:39 +0530 Fri, 03 Feb 2023 15:04:00 +0530 TaxTMI RSS Generator Penalty Introduced for Inaccurate Reporting in Statement of Financial Transactions to Enhance Tax Transparency. https://www.taxtmi.com/highlights?id=68073 Government analyzed the wrong information reported in the SFT - Government aim not fullfill of transparency between taxpayer and department - introduce a penalty on a person, who is liable to furnishing SFT or reportable account. Highlights Income Tax Fri, 03 Feb 2023 14:54:39 +0530 https://www.taxtmi.com/highlights?id=68073