CBDT issued Corrigendum dt. 15-11-2023 to Notification No.4 of 2021 dt 30-04-2021
- Singhal Jayadev
- Nov 21, 2023
- 1 min read
CBDT issued Corrigendum dt. 15-11-2023 to Notification No.4 of 2021 dt 30-04-2021
> Changing the due date of filing of SFT(statement of financial transactions) from quarterly basis to half yearly basis.
1st half of the Financial Year ending 30th September and remaining half of the Financial Year ending on 31st March shall be furnished on or before 31st of October and 30th of April respectively. "
> Mentioning in remarks against the period of holding table for the units of UTI & Other units the condition of investment - Where not more than 35% of its total proceeds are invested in the equity shares of domestic companies, (Specified Mutual Fund), it will always be classified as short-term capital asset (Applicable from 1st April 2023).
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