Notification on abolishing of interest Limit to report information for all account and deposit holders under the Guidelines for preparation of Statement of Financial Transactions (dated- 05.01.2023)-CBDT.

  • 11th, January 2023
  • compfie_wp
  • Comments (0)
View Pdf

Notification on abolishing of interest Limit to report information for all account and deposit holders under the Guidelines for preparation of Statement of Financial Transactions (dated- 05.01.2023)-CBDT.

  • The Central Board of Direct Taxes, vide Notification No. 1 of 2023, abolished the interest rate limit of Rs 5,000/-, to report information for all account and deposit holders under the Guidelines for preparation of Statement of Financial Transactions with effect from 5th January 2023. Please refer to attachment for more details.
Know how we make compliance
possible for 100+ Industries – Aparajitha Logo