CBDT notifies Procedure for registration and submission of SFT

CBDT notifies Procedure for registration and submission of SFT Procedure for registration and submission of statement of financial transacti

CA Deepak Gupta

Apr 9, 2018

Last update on Apr 9, 2018

CBDT notifies Procedure for registration and submission of SFT Procedure for registration and submission of statement of financial transactions (SFT) as per section 285BA of Income-tax Act, 1961 read with Rule 114E of Income-tax Rules, 1962 has been notified by CBDT vide notification numberNotification No. 3 of 2018 dated5th April, 2018. Procedure for registration and submission of Statement of Reportable Account as per section 285BA of Income-tax Act, 1961 read with Rule 114G of Income-tax Rules, 1962has been notified by CBDT vide notification numberNotification No. 4 of 2018 dated5th April, 2018. The functionality for submission of statement of financial transactions was earlier enabled on efiling portal vide Notification No.1 of 2017 dated 17th January 2017 This functionality for submission of statement of financial transactions is now transferred on newly launched Reporting Portal.

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CA Deepak Gupta

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CA Deepak Gupta,is Co-founder of Studycafe. He is Microsoft Office Specialist and Corporate Trainer of AI Tools, Microsoft Excel. He is Finance Influencer having more than 250K followers on Social Media. CA Deepak Gupta, is Having more than 14 plus years of experience, and he has Worked with best brands Like, Hero, Wipro, Ericsson before Starting Studycafe. He has Trained more than 20000 Persons in Microsoft Excel, PowerPoint, Power BI, Google Sheet, Google Forms and Other Tools.