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FILE STATEMENT OF FINANCIAL TRANSACTIONS (SFT) For F.Y 2018-19.
Due Date 31st May, 2019
Are You
- Sub Registrar
- A Co-operative Bank
- A Banking Company
- NBFC
- Nidhi
- Post Master General
- Foreign Exchange Dealer
- Issuer of Bonds,Debentures or Shares
- Trustee of Mutual Fund or managing the affairs of Mutual Fund
- Supplier of Goods or services(Whose accounts are required to be audited U/S 44AB of the IT Act,1961)
having reportable Transaction, Then you must file SFT online in From61A
REPORTABLE TRANSACTIONS
| Payment in cash against credit Card bill | Rs. 1 Lakh or more |
| Receipt in cash by any person against purchase of Goods or Service of any nature | Exceeding Rs. 2 Lakh |
| Purchase or sale of immovable property | Rs. 30 Lakh or more (or valued by Stamp valuing authority at Rs. 30 Lakh or more) |
| Cash deposit/withdrawal From one or more current accounts of a person | Rs. 50 Lakh or more (at one time or in aggregate) during F.Y.2018-19 |
| Payments in cash for purchasing Bank Darft/pay Order/Banker’s cheque/Pre-Paid Instrument issued by RBI | Rs. 10 Lakh or more (at one time or in aggregate)in respect of a person during F.Y.2018-19 |
| Cash deposit in one or more accounts (other than Current account and time deposit) | |
| Time deposit | |
| Payments against Credit card bill by any mode other Than cash | |
| Receipt from any person for acquiring units of one or more schemes of a Mutual Fund,company | |
| Buy back of shares from any person | |
| Receipt for Sale of foreign exchange |
For registration and submission visit https://report.insight.gov.in or call Helpline No.: 18001034215 (9.:30 am to 6 pm on working days)
Sub-Registrars and post Offices may submit SFT to TIN facilitation centres; details are available at www.tin.nsdl.com (online filing is preferable)
File SFT by due date to avoid penalty leviable upto Rs.1,000/- per day
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How can I get the book “Complete Analysis of GST” by tax guru? Is theier an electronic edition of the book?
Hi
Is it mandatory to file NIL Returns as well if we don’t have such transaction ? please clarify
Sir,
As per my knowledge this date is 31st Aug 2019 as per 26AS note in Section E…please guide