Central Board of Direct Taxes (CBDT) extends the due date for furnishing Statement of Financial Transaction (SFT) to 30th June 2017

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Section 285BA of the Income-tax Act, 1961 requires furnishing of a statement of financial transaction (SFT) for transactions prescribed under Rule 114E of the Income-tax Rules, 1962. The due date for filing such SFT in Form 61A in respect of specified financial transactions registered or recorded during Financial Year 2016-17 is 31st May 2017.

Vice President condemns the terror attack in Kabul

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The Vice President of India, Shri M. Hamid Ansari has condemned the terror attack in Kabul. In a message, he said that such wanton acts of violence can have no justification and the perpetrators and those who support and shelter them should be punished for this crime against humanity. The people of India stand as one with their sisters and brothers in Afghanistan in this difficult hour, he added.