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ATTENTION SFT filers! Income Tax department extends last day for submitting returns | New deadline, penalty, other details | Statement of Financial Transactions

The income tax (I-T) department has told banks, foreign exchange dealers, and other reporting entities that they have a 'couple of days more' to file statements of financial transaction (SFT) returns to report high-value transactions made by their clients in 2022-23. The additional time has been provided in light of the heavy traffic on the reporting poral, which led to some challenges for SFT filers., Economy News, Times Now ....

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