Forwarded from DT MCQ (Commerce Updates)
PGBP VS MAT ADJUSTMENTS
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Forwarded from Company Law MCQ (CA, CS, CMA) (Commerce Updates)
@clawmcq Contract Act.pdf
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Contract Act
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@csupdates Compliance Framework.pdf
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Compliance Framework
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@csupdates Risk Management Summary20 marks.pdf
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Risk Management Summary20 marks
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Forwarded from CS Professional Updates
CS_Professional_CRVI_Part_1_Marathon.pdf
2.5 MB
CS Professional (Old & New) Syllabus Corporate Restructuring, Valuation, Insolvency Part-1 quick revision short notes
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Forwarded from CS Updates (Company Secretary) (Surendra Goyal)
Forwarded from CS Professional Updates
Drafting NEW @csupdates.pdf
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Drafting Notes
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Forwarded from CS Professional Updates
Due Diligence - Overview.pdf
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Due Diligence - Overview
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Forwarded from DT MCQ (Commerce Updates)
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Forwarded from CS Professional Updates
old_syllabus_EGAS_BY_@csupdates.pdf
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Old Syllabus EGAS
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Forwarded from CS Professional Updates
FTFM Notes @csupdates.pdf
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FTFM Notes
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Forwarded from Company Law MCQ (CA, CS, CMA) (Commerce Updates)
@clawmcq Bailment & Pledge & Agency.pdf
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Bailment & Pledge & Agency
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Forwarded from CS Professional Updates
Compliance Framework.pdf
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Compliance Framework
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Forwarded from Company Law MCQ (CA, CS, CMA) (Commerce Updates)
@clawmcq Indemnity & Guarantee.pdf
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Indemnity & Guarantee
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Forwarded from CS Professional Updates
Information technology act 2000_SUMMARY.pdf
484 KB
Information technology act 2000_SUMMARY
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Forwarded from DT MCQ (Commerce Updates)
CBDT has introduced New specification in Form 26AS with various categories of Statement of Financial Transactions (SFTs)
1) Specified SFTs is now being shown in Part E of Form 26AS to facilitate voluntary compliance, tax accountability and ease of e-filing of returns.
2) This SFTs help the taxpayers to recall all their major financial transactions.
3) All Information u/s 285BA of I.T.Act regarding different SFTs will be shown in the New Form 26AS.
4) In part E of the Form 26AS display the Type of SFTs, Name of SFT Filer, Date, Single/Joint Party Transaction, Number of Parties, Amount, Mode of Payment & Remarks etc.
5) The New Form 26AS also provide information of transactions since Financial Year 2015-16 in the Annual Information Returns.
Source :- CBDT - PRESS RELEASE, 18th July, 2020
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1) Specified SFTs is now being shown in Part E of Form 26AS to facilitate voluntary compliance, tax accountability and ease of e-filing of returns.
2) This SFTs help the taxpayers to recall all their major financial transactions.
3) All Information u/s 285BA of I.T.Act regarding different SFTs will be shown in the New Form 26AS.
4) In part E of the Form 26AS display the Type of SFTs, Name of SFT Filer, Date, Single/Joint Party Transaction, Number of Parties, Amount, Mode of Payment & Remarks etc.
5) The New Form 26AS also provide information of transactions since Financial Year 2015-16 in the Annual Information Returns.
Source :- CBDT - PRESS RELEASE, 18th July, 2020
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