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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