WebNov 11, 2024 · 32,848 total views All about SFT codes in Annual Information Statement (AIS) List of SFT Codes SFT- 001: Purchase of bank drafts or pay orders in cash SFT- 002: Purchase of pre-paid instruments in cash SFT- 003: Cash deposit in current account SFT- 004: Cash deposit in account other than current account SFT- 005: Time deposit WebSFT Code in 26AS for ITR Filing I Big Change I Income Tax Return I CA Satbir Singh 18,707 views Aug 3, 2024 #SFT #ITR #26AS Statement of Financial Transactions are reflected in …
Konica Minolta FS-526 Multi-Staple Finisher (A11PWY1) - ARC …
WebAug 18, 2024 · Published: August 18, 2024 at 10:23 am Recently the income tax department announced a new specified financial transaction (SFTs) that will be reported under form … WebApr 14, 2024 · SFT is a report of specified financial transactions specified persons need to submit to the to the income tax authority or such other specified authority or agency. Also, as per section 285ba of Income Tax Act, specified persons who need to register, maintain or record such specified financial transaction are under an obligation to submit SFT. church of god kirkintilloch
SFT Code in 26AS for ITR Filing I Big Change I Income Tax
WebJul 19, 2024 · The objective of improving the Form 26AS is to enable a taxpayer to file his income tax return correctly and smoothly without missing any financial transactions … WebNov 8, 2024 · As per Section 285BA of the Income Tax Act, 1961, specified entities (Filers) are required to furnish a statement of financial transaction or reportable account (hereinafter referred to as ‘statement’) in respect of specified financial transactions or any reportable account registered/recorded/maintained by them during the financial year to the ... WebBefore New 26AS update, Scope of Form 26AS was expanded in Income tax Budget 2024. thereafter New Form 26AS was updated to include STF transactions, pending, tax demands and refunds and & completed assessment proceedings. Income tax Department has once again introduced an Annual Information Statement (AIS) to include new information such … church of god kenova wv