Friday, 23 April 2021 / Published in Income Tax, Notification

CBDT notifies the Format, Procedure and Guidelines for submission of SFT for Dividend and Interest Income

The Directorate of Income Tax (System), CBDT has vide its Notification No 1 of 2021 and Notification No 2 of 2021 dated 20th April 2021 notify the format, procedure, and guidelines for submission of Statement of Financial Transactions (SFT) under Section 285BA of the Income Tax Act, 1961 in respect of Dividend and Interest Income