TMI BlogDigital reporting of Form No.60X X X X Extracts X X X X X X X X Extracts X X X X ..... -tax Rules, 1962 ( the Rules) were amended and have come into force from the 1st day of January, 2016. 2. The amended rules inter-alia provide for furnishing of a statement in Form No. 61, containing particulars of declaration made in Form No.60, through online transmission of data electronically. The statement in Form No. 61 is to be provided by every person referred to in clause (b) to (k) of s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... it is decided that filling of all the fields in Form No.60 shall be considered to be mandatory in respect of transactions entered on or after 1.04.2016. It is also decided that online reporting of declarations in Form No. 61 for quarter ending March, 2016 may be done along with report for quarter ending September, 2016. 5. The above may be brought to the notice of all concerned. (Dr. T. S. Mapw ..... X X X X Extracts X X X X X X X X Extracts X X X X
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