ask 1800 180 1961/ 1961

Obligation of Reporting Entity

“It is mandatory that specified reporting entity/person shall furnish statement of financial transaction or reportable account as per Section 285BA of the Income Tax Act,1961.
In order to furnish statement of financial transactions, specified forms are required to be submitted as per Rule 114E of Income Tax Rules, 1962 (refer section “Statement of Financial Transaction (SFT)”