Under the Income Tax Laws a new concept of furnishing of “Statement of financial Transactions” in Form No 61A
(previously called as ‘Annual Information Return (AIR)’, has been
introduced. These statements will help the tax authorities to collect
information on certain prescribed high value transactions undertaken by a
person during the year.
Read More:
https://drive.google.com/open?id=0B1rRav-P4-8JQkFPcDBGUC1BYmMForm 61A
https://drive.google.com/file/d/0B1rRav-P4-8JWG1Za2Q4VHgzMW8/view?usp=sharing
User Guide on Report Generating Utility for For 61A
https://drive.google.com/open?id=0B1rRav-P4-8JeGNleE1UWTREQkU
Source: https://incometaxindiaefiling.gov.in/eFiling/Portal/StaticPDF/SFT_Report_Generation_Utility_User_Guide.pdf