TaxTMI 
TaxTMI 
Format, Procedure and Guidelines for submission of Statement of Financial Transactions (SFT) for Mutual Fund Transactions by Registrar and Share Transfer Agent
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....ed by the Director General of Income Tax (Systems), with the approval of the Board. 3. The guidelines for preparation and submission of Statement of Financial Transactions (SFT) information are enclosed in Annexure A and Annexure B respectively. The format of control statement to be submitted by the Designated Director is given in Annexure C. The data structure and validation rules are enclosed in Annexure D and Annexure E respectively. Notification No. 3 of 2018 dated 05.04.2018 may be referred for the procedure for registration. 4. All Registrar and Share Transfer Agents are required to prepare the data file in prescribed format from their internal system. Reporting entities are required to submit the data files using SFTP Server using the login credentials (To be communicated separately). 5. A separate control statement (refer annexure C) is required to be signed, verified and furnished by the Designated Director. 6. ^1[With effect from 1st April 2023 the statement of financial transactions data will be submitted on half yearly basis instead of existing quarterly basis i.e. data relating to 1st half of the Financial Year ending 30t....
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....le price of the asset with the RTA. In case the sale consideration related to a sale/transfer is not available, Redemption Offer Price (Exit Load adjusted NAV) on the date of sale/transfer may be taken. The taxpayer will be able to modify the sales consideration before filing the return. 6. The securities should be classified into specified security class for determining the type of asset (short term/long term) and applicable rate. 7. The period of holding (difference between date of sale and date of acquisition of any security) should be used to classify the asset as short term or long-term asset. First in First out (FIFO) method should be used for identification of corresponding purchases and computation of period of holding. Any capital asset held by the taxpayer for a period of more than minimum period of holding will be treated as long-term capital asset and remaining assets will be classified as short-term asset. The specified minimum period of holding for different asset class is as under: ^2[Security Class Code Security Class Description Minimum Period of Holding Remarks EMF Unit of Equity Oriented Mutual Fund 12 months - U....
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....le in prescribed format from their internal system. Reporting entities are required to submit the data files using SFTP Server using the login credentials (to be communicated separately). A separate control statement (refer Annexure C) is required to be signed, verified and furnished by the Designated Director. 2. Any file which does not meet the validation requirements will be rejected. 3. In case Reporting Entity needs to modify uploaded data, Correction Statement is required to be filed. In the Correction Statement, only those records should be uploaded in which correction is required. In case Reporting Entity needs to delete uploaded data, Deletion request is required to be filed. Annexure C Control Statement for Mutual Fund Transactions (RTA) Number of Records Values A.1 Reporting Entity Name A.2 ITDREIN A.3 Registration Number A.4 Statement Type A.5 Statement Number A.6 Original Statement Id A.7 Reason for Correction A.8 State....
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....L (18,0) Statement ID of the original Statement which is being replaced deleted or referred in the current Statement. In case the Statement is new and unrelated to any previous Statement, mention '0' here. 7. Reason for Correction Y VARCHAR (1) Reason for revision to be stated when the original Statement is corrected. (Refer Permissible values) 8. Statement D ate Y DATE Statement Date DD-MM-YYYY 9. Reporting Start Date Period Y DATE First day of the reporting period DD-MM-YYYY 10. Reporting End Date Period Y DATE Last day of the reporting period DD-MM-YYYY 11. Principal Name Officer Y VARCHAR (150) 12. Principal Designation Officer Y VARCHAR (150) 13. Principal Officer Address Y VARCHAR (500) 14. Principal Officer ....
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....es) 18. Client Pincode N DECIMAL (6,0) First Holder's Address- Pincode 19. Client Mobile Number N VARCHAR (15) First Holder's Mobile Number 20. Client E-mail ID N VARCHAR (100) First Holder's E-mail ID 21. Joint holding Y VARCHAR (1) Whether joint holding exists (Y/N) 22. Second Holder PAN N VARCHAR (10) Mandatory if Joint holding exists. Mention PANNOTAVBL if no PAN is available. 23. Second Holder Name N VARCHAR (250) Mandatory if Joint holding exists 24. Second Holder DOB N DATE Second Holder's DOB/DOI in DD-MM-YYYY 25. Third Holder PAN N VARCHAR (10) Mandatory if Joint holding exists. Mention PANNOTAVBL if no PAN is available. 26. Third Holder Name N VARCHAR (250) Mandatory if Joint holding exists 27. Third Holder DOB N DATE Third Holder'....
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....See permissible values 9. Security Code Y VARCHAR (12) Unique security code (e.g. ISIN). Mention ISINNOTAVBLE if no ISIN is available. 10. Security Name Y VARCHAR (200) Name of security (scheme, plan and option) 11. Debit Date Y DATE Date of Debit in DD/MM/YYYY 12. Debit Type Y VARCHAR (1) Refer Guidelines A - AMC (redemption) T - Transfer 13. Credit Type Y VARCHAR (1) Refer Guidelines A - AMC (purchase) T - Transfer 14. Asset Type Y VARCHAR (1) Refer Guidelines S - Short Term L - Long Term 15. Units Y DECIMAL (18,3) Units sold or transferred. Refer Guidelines. 16. Unit price Y DECIMAL (18,2) Estimated Sale price per unit. 17. Sale Consideration Y DECIMAL (18,2) Estimated Sale Conside....
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....ree Name Y VARCHAR (250) 13. Security Class Code VARCHAR (3) Refer Permissible values 14. Security Code Y VARCHAR (12) Unique Security Code (e.g. ISIN) 15. Security Name Y VARCHAR (200) Name of Security 16. Quantity transferred Y DECIMAL (18,3) No of Units transferred 17. Reported Consideration N DECIMAL (18,2) Consideration reported during transfer 18. EOD Unit Price Y DECIMAL (18,2) Redemption Offer Price (Exit Load adjusted NAV) on the date of transfer 19. EOD Value Y DECIMAL (18,2) Estimated Transaction Value (End of day price) 20. Reason Code Y VARCHAR (3) Refer Permissible Values 21. Remarks N VARCHAR (100) Reason Note: Refer Guidelines for preparation of SFT for more details ....
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....rakhand UK 37. Jharkhand JH Table - Capital Gain Index Chart Financial Year Cost Inflation Index (CII) 2001-02 (Base year) 100 2002-03 105 2003-04 109 2004-05 113 2005-06 117 2006-07 122 2007-08 129 2008-09 137 2009-10 148 2010-11 167 2011-12 184 2012-13 200 2013-14 220 2014-15 240 2015-16 254 2016-17 264 2017-18 272 2018-19 280 2019-20 289 2020-21 301 Annexure E Validation Rules The errors have been classified in following categories: Errors Record or report level errors which need to be resolved by user as per the specific error code. Defects The reporting entity needs to correct and submit the reports again in the corrected statement. Exceptions The exceptions should be reviewed by the reporting person/entities and if any information is available, the reporting entity may provide the information. If any defect is noticed, the reporting entity needs to rectify the defect by submitting a correction statement. The validat....