Due Dates SFT — Statement of Financial Transactions (Form 61A)
SFT — Statement of Financial Transactions (Form 61A)
Income Tax Act 1961 s.285BA r/w Rule 114E
Annual filing by reporting entities (banks, mutual funds, registrars, etc.) on high-value transactions. Due 31 May of the year immediately following the FY.
Due dates and late fees
| FY | Due Date | Late Fee | Note |
|---|---|---|---|
| FY 2024-25 | 31 May 2025 | s.271FA: ₹500/day for first default; ₹1,000/day post-notice | Reporting persons include banks, MFs, registrars, credit-card companies, immovable property registrars. |
| FY 2025-26Current | 31 May 2026 | s.271FA | |
| FY 2026-27 | 31 May 2027 | s.271FA |
FY-specific notes
FY 2024-25: Reporting persons include banks, MFs, registrars, credit-card companies, immovable property registrars.
⚠ VERIFY
The list of Rule 114E reporting persons and transaction thresholds is periodically expanded — confirm the current entities and reporting limits before advising.