The Central Government today extended the last date for filing Statement of Financial Transaction (SFT) Returns to 30th June 2017.
The Central Board of Direct Taxes (CBDT) today issued an order in this regard.
Through its earlier Notifications and communications, the Board had instructed that specified persons are required to furnish Statement of Financial Transaction (SFT) Returns before 31st of May, 2017 in respect of transaction wherein cash exceeding Rs.2 Lacs is received in a single event during the financial year 2016-17 along with specifying various other persons for reporting the Specified Transactions.
Last week, the Board had issued a clarification regarding furnishing of SFT.
Read the full text of the Order below.
