Statement of Financial Transaction (SFT) for Mutual Fund Transactions - Frequency for submitting the statement and Minimum period of holding for different assets classes, modified

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..... ect Taxes Directorate of Income Tax (Systems) Corrigendum to Notification No. 4 of 2021 New Delhi, 15/11/2023 Format, Procedure and Guidelines for submission of Statement of Financial Transaction (SFT) for Mutual Fund Transactions by Registrar & Share Transfer Agent The format, procedure and guidelines for submission for SFT data for mutual fund transactions by registrar and share transfer Ag .....

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..... arter ending 30th June, 31 st September, 31 st December and 31 st March shall be furnished on or before 25th of July, October, January and April respectively." This should be read as following: "With effect from 1st April 2023 the statement of financial transactions data will be submitted on half yearly basis instead of existing quarterly basis i.e. data relating to 1st half of the F .....

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..... re invested in the equity shares of domestic companies, this information should be provided. Note: Where not more than 35% of its total proceeds are invested in the equity shares of domestic companies, (Specified Mutual Fund), it will always be classified as short-term capital asset (Applicable from 1st April 2023) OTU Other Units 36 months Where more than 35% of its total proceeds are invest .....

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