Is there any remedy available under the act, if a person does not file the statement within the prescribed time? https://www.taxtmi.com/manuals?id=4310 Remedy for late filing is a statutory notice under Section 285BA(5) requiring the non filing person to furnish the Statement of Financial Transactions and Reportable Accounts within a period not exceeding 30 days from service, and the person must furnish the statement within the time specified in the notice. en-us Tue, 26 Dec 2023 17:05:00 +0530 Tue, 02 Jan 2024 16:18:00 +0530 TaxTMI RSS Generator Is there any remedy available under the act, if a person does not file the statement within the prescribed time? https://www.taxtmi.com/manuals?id=4310 Remedy for late filing is a statutory notice under Section 285BA(5) requiring the non filing person to furnish the Statement of Financial Transactions and Reportable Accounts within a period not exceeding 30 days from service, and the person must furnish the statement within the time specified in the notice. Manuals Income Tax Tue, 26 Dec 2023 17:05:00 +0530 https://www.taxtmi.com/manuals?id=4310