Banks, MFs should obtain identification nos for filing SFT
The Income Tax department on Friday said banks, mutual funds and financial institutions should obtain an identification number and file the statement of financial transaction (SFT) by May 31.
May 26, 2017, 16:22 PM IST
Businessmen, traders required to report cash receipt over Rs 2 lakh in single transaction: CBDT
Businesses and traders are required to report any single transaction of cash exceeding Rs 2 lakh for sale of goods and services to the income tax department.
Dec 23, 2016, 15:37 PM IST
