CBDT extends the date of furnishing of SFT till 30 June 2017

F.No.279/Misc./M-63/2017-ITJ

Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes

New Delhi, the 31^st May 2017

Order Under Section 119 of the Income-tax Act, 1961

The last date for furnishing the statement of financial transactions under Rule 114E (5) of the Income Tax Rules, 1962, (the Rules) read with sub-section (1) of section 285BA of the Income Tax Act, 1961, (the Act) is 31^st May, immediately following the Financial Year in which the transaction is registered or recorded, i.e. for Assessment Year 2017-18 the last date for furnishing the said statement is 31^st May 2017.

In order to remove inconvenience and to facilitate ease of compliance, the Central Board of Direct Taxes, in exercise of powers conferred under section 119 of the Act, hereby extends the date of furnishing of the statement of financial transactions under Rule 114E(5) of the Rules, read with sub­section (1) of section 285BA of the Act for Assessment Year 2017-18 from 31^st May 2017 to 30^th June 2017 in case of persons throughout India who are liable to furnish the said statement.

 

(Neetika Bansal)

Deputy Secretary to the Government of India