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    <title>Statement of Financial Transactions (SFT) for Depository Transactions - Method for computation of &quot;The Estimated Sale Consideration for the debit transaction&quot; and Frequency for submitting the statement of financial transactions data and Minimum Period of Holding of assets, modified.</title>
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    <description>Reporting frequency for SFT by Depository Institutions is changed to half yearly. Estimated Sale Consideration for debit transactions must be computed using Weighted Average Price based on actual transaction values. Debit-credit matching remains under FIFO. Estimated Cost of Acquisition is to be computed at weighted average for purchases after the cut off and end of day price for earlier purchases; off market and certain non-exchange credits are NIL and IPO credits are treated as market credits. Data fields now capture weighted average unit price, weighted average sale consideration, cost of acquisition, and a purchase-flag indicating pre/post cut off purchases.</description>
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    <pubDate>Wed, 15 Nov 2023 00:00:00 +0530</pubDate>
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      <title>Statement of Financial Transactions (SFT) for Depository Transactions - Method for computation of &quot;The Estimated Sale Consideration for the debit transaction&quot; and Frequency for submitting the statement of financial transactions data and Minimum Period of Holding of assets, modified.</title>
      <link>https://www.taxtmi.com/notifications?id=141141</link>
      <description>Reporting frequency for SFT by Depository Institutions is changed to half yearly. Estimated Sale Consideration for debit transactions must be computed using Weighted Average Price based on actual transaction values. Debit-credit matching remains under FIFO. Estimated Cost of Acquisition is to be computed at weighted average for purchases after the cut off and end of day price for earlier purchases; off market and certain non-exchange credits are NIL and IPO credits are treated as market credits. Data fields now capture weighted average unit price, weighted average sale consideration, cost of acquisition, and a purchase-flag indicating pre/post cut off purchases.</description>
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