TMI BlogWho is required to furnish statement of financial transactions and reportable accounts?X X X X Extracts X X X X X X X X Extracts X X X X ..... o register motor vehicles under Chapter IV of the Motor Vehicles Act, 1988 (59 of 1988); (f) the Post Master General as referred to in clause (j) of section 2 of the Indian Post Office Act, 1898 (6 of 1898); (g) the Collector referred to in clause (g) of section 3 of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (30 of 2013); (h) the recognised stock exchange referred to in clause (f) of section 2 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956); (i) an officer of the Reserve Bank of India, constituted under section 3 of the Reserve Bank of India Act, 1934 (2 of 1934); (j) a depository referred to in clause (e) of sub-section (1) of se ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rative bank (ii) Post Master General (iii) Nidhi Company (iv) Non-banking financial company 4 Payments made by any person of an amount aggregating to (i) Rs. 1 lakh or more in cash; or (ii) Rs. 10 lakh or more by any other mode, against bills raised in respect of one or more credit cards issued to that person, in a financial year. A banking company or a co-operative bank or any other company or institution issuing credit card. 5 Receipt from any person of an amount aggregating to Rs. 10 lakh or more in a financial year for acquiring bonds or debentures issued by the company or institution (other than the amount received ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r. Authorised person as referred to in clause (c) of section 2 of the Foreign Exchange Management Act, 1999 (42 of 1999). 10 Purchase or sale by any person of immovable property for an amount of Rs. 30 lakh or more or valued by the stamp valuation authority referred to in section 50C of the Act at Rs. 30 lakh or more. Inspector-General or Registrar or Sub-Registrar appointed under the Registration Act, 1908 11 Receipt of cash payment exceeding Rs. 2 lakh for sale, by any person, of goods or services of any nature (other than those specified at Sl. Nos. 1 to 10 of this rule, if any.) Any person who is liable for audit un ..... X X X X Extracts X X X X X X X X Extracts X X X X
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