CBDT specifies format, procedure amp; guidelines for submission of SFT for interest and dividend income

The CBDT, vide notification no. 16/2021, dated 12.03.2021 has included reporting of information relating to interest income, dividend income and capital gains within scope of Statement of Financial Transactions (SFT). Now the board has prescribed the guidelines for preparation and submission of SFT for information related to interest and dividend income.The CBDT, vide notification no. 16/2021, dated 12.03.2021 has included reporting of information relating to interest income, dividend income and capital gains within scope of Statement of Financial Transactions (SFT). Now the board has prescribed the guidelines for preparation and submission of SFT for information related to interest and dividend income.taxmann.com Latest Statutory HappeningsRead More

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