CBDT: Notifies registration procedure for reporting entities u/s 285BA relating to SFT furnishing
CBDT notifies procedure for registration of ‘reporting entities’, who are required to furnish the statement of financial transactions (‘SFT’) in Form 61A as per Sec 285BA; Reporting financial institutions are required to register themselves with the IT Department and submit the details after generating a ITDREIN (IT Department Registered Entity Identification Number)...
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