TMI BlogDigital reporting of Form No.60X X X X Extracts X X X X X X X X Extracts X X X X ..... 15, rules 114B , 114C and 114D of the Income-tax Rules, 1962 ( the Rules) were amended and have come into force from the 1st day of January, 2016. 2. The amended rules inter-alia provide for furnishing of a statement in Form No. 61 , containing particulars of declaration made in Form No.60 , through online transmission of data electronically. The statement in Form No. 61 is to be pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ining particulars of declaration made in Form No.60 . 4. In view of the above, it is decided that filling of all the fields in Form No.60 shall be considered to be mandatory in respect of transactions entered on or after 1.04.2016. It is also decided that online reporting of declarations in Form No. 61 for quarter ending March, 2016 may be done along with report for quarter ending Septemb ..... X X X X Extracts X X X X X X X X Extracts X X X X
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