CBDT enhances scope of SFT, includes furnishing info. related to Capital Gains, dividend and interest income

The CBDT has enhanced scope of nature of transactions to be reported under Statement of Financial Transaction as per Rule 114E. Capital gains on transfer of listed securities or units of Mutual Funds, dividend income from company and Interest income earned a taxpayer shall now be part of SFT reporting.The CBDT has enhanced scope of nature of transactions to be reported under Statement of Financial Transaction as per Rule 114E. Capital gains on transfer of listed securities or units of Mutual Funds, dividend income from company and Interest income earned a taxpayer shall now be part of SFT reporting.taxmann.com Latest Statutory HappeningsRead More

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