Notifications

The CBDT through the Directorate of Income Tax (Systems), has notified the guidelines for furnishing Statements of Financial Transactions (SFT-2518) relating to Mutual Fund transactions. 


Mutual Fund Transactions to Feed ITR Pre-Filling: CBDT Prescribes Half-Yearly SFT Reporting

The CBDT through the Directorate of Income Tax (Systems), has notified the guidelines for furnishing Statement of Financial Transactions (SFT-2517) relating to depository transactions. 


CBDT Notification: Half-Yearly SFT Reporting by Depositories to Facilitate Capital Gains Pre-Filling in ITRs

Articles

SFT errors may cause AIS mismatches, refund delays, and ITR notices.

SFT Deadline Alert: Wrong PAN or Duplicate Entries Can Delay Your ITR Refund

News

Income Tax Department identifies common SFT filing errors affecting AIS accuracy and taxpayer convenience.

Income Tax Department Flags Common Errors in SFT Filings by Banks

Judgement

Tribunal holds SFT data alone insufficient and directs verification of foreign remittance claims.

Unreconciled SFT Entries Not Enough for Addition, Rules ITAT

High-value financial transactions are automatically reported to tax authorities under the Statement of Financial Transaction (SFT), making non-disclosure in ITRs risky.

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Mutual Fund Transactions to Feed ITR Pre-Filling: CBDT Prescribes Half-Yearly SFT Reporting

CBDT Notification: Half-Yearly SFT Reporting by Depositories to Facilitate Capital Gains Pre-Filling in ITRs

SFT Deadline Alert: Wrong PAN or Duplicate Entries Can Delay Your ITR Refund

Income Tax Department Flags Common Errors in SFT Filings by Banks

Unreconciled SFT Entries Not Enough for Addition, Rules ITAT

Think Your Big Transactions Go Unnoticed? Income Tax Department Is Already Watching