From this Assessment Year, taxpayers will see an improved Form 26AS which would carry some additional details on taxpayers’ financial transactions as specified in the Statement of Financial Transactions (SFTs) in various categories.
Part E of the Form 26AS will include following details of SFT transactions,
1. Type of Transaction
2. Name of SFT filer
3. Date of Transaction
4. Single/joint party transaction
5. Number of parties
6. Amount
7. Mode of Payments
8. Remarks