Due date of SFT extended to 30th June
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, 1962 is 31st May, immediately following the Financial Year in which the transaction is registered or recorded, i.e. for Assessment Year 2017-2018 the last date for furnishing the said statement is 31st May 2017.
Vide F.No. 279/Misc/M-63/2017-ITJ dated 31st May 2017 CBDT hereby extends the date of furnishing of the statement of financial transactions under Rule 114E(5) of the Rules, read with sub-section (1) of section 285BA of the Act for Assessment Year 2017-2018 from 31st May 2017 to 30th June 2017 in case of persons throughout India who are liable to furnish the said statement.