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What is report serial number in Form 61A?

What are the Statement Number and Statement ID in Form 61A? The statement number in form 61A is a validation field. Thus, it is crucial to fill this form, or the Income Tax department will reject your form. It is further mandatory to run a validation check to look for any possible correction in the form.

How do I file Form 61A?

Step 1 Visit designated e-filing portal. Step 2 Login to the portal with the help of User ID, authorised PAN and Password. Step 3 Navigate to e-file and upload Form 61A. Step 4 Once uploaded, details like reporting entity PAN, Form Name and reporting entity Category will be displayed on the screen.

How do I file SFT online?

SFT shall be submitted through following procedure: If already registered on e-filing portal, log in and go to My AccountManage ITDREIN (Income Tax Department Reporting Entity Identification Number) Click on Generate New ITDREIN Select form type and Reporting entity category and click on Generate ITDREIN

Who is responsible for filing SFT?

The Income-tax department requires companies to submit a statement of Specified Financial Transactions (SFT). SFT reporting is mandatory for certain reporting entities from Finance Act 2014 by introducing section 285BA followed by additions made in Finance Act 2020 through notification no. 16/2021, dated 12-03-2021.

How to file nil return form 61A?

61A is not mandatory under section 285BA read with rule 114E but to be on safer side Assessee may consider filing such return.Nil statement in form 61A of SFT- Optional or Compulsory? 1.Statement of Financial Transactions (SFT) and ITDREIN5.Statement of Financial transactions Form 61A filing Submitting SFT Preliminary Response5 more rows 27 May 2019

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