Procedure for Acceptance of Statement of Financial Transactions from Sub-Registrar Office and Post Offices (SFT) as per section 285BA of Income-tax Act. 1961 read with Rule 114E of Income-tax-Rules 1962

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... tral Board of Direct Taxes Directorate of Income Tax (Systems) Notification No. 7 of 2017 New Delhi, 30th May, 2017 Procedure for Acceptance of Statement of Financial Transactions from Sub-Registrar Office and Post Offices (SFT) as per section 285BA of Income-tax Act. 1961 read with Rule 114E of Income-tax-Rules 1962 A notification No 1 of 2017 dated January 2017 was issu .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... data to a server designated for this purpose under the digital signature of the person specified in sub-rule (7) and in accordance with the data structure specified in this regard by the Principal Director General of Income tax (Systems). The Post Master General or a Registrar or an Inspector General have the option to furnish the statement in a computer readable media, being a Compact Disc or Dig .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... media along with duly signed physical copy of control sheet of Form 61A at TIN-FC for acceptance of the statement. The control sheet should be generated from the utility of Form 61A (to be used only by Sub-registrar offices). b. TINFCs will accept the computer media as well as the physical copy of control sheet and issue a temporary receipt. c. Sub-sequent to the validation of the XM .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X