INCOME TAX11 Sept 2026
Notification No. 2 of 2026 : Format, Procedure and Guidelines for submission of Statement of Financial Transactions (SFT-2518) for Mutual Fund Transactions under section 508(1) of the Income-tax Act, 2025 read with sub-rule 6 of rule 237 of the Income-tax Rules, 2026 by Registrar and Share Transfer Agent
India's tax authority has issued Notification No. 2 of 2026. It sets the format and procedure for Registrars and Share Transfer Agents to report mutual fund deals. They will file a Statement of Financial Transactions, or SFT-2518, under section 508(1) of the Income-tax Act, 2025 and rule 237 of the Income-tax Rules, 2026. For you, this means your mutual fund transactions get reported to the tax department.
Key Statutory Highlights
- Notification No. 2 of 2026 lays down the format, procedure and guidelines for reporting mutual fund transactions.
- The report is the SFT-2518 statement, and it is submitted by Registrars and Share Transfer Agents.
- It is issued under section 508(1) of the Income-tax Act, 2025, read with sub-rule 6 of rule 237 of the Income-tax Rules, 2026.
Actionable Advice for Taxpayers / Founders:If you invest in mutual funds, keep your purchase and redemption records and capital gains workings ready, since your Registrar or Share Transfer Agent may report these transactions to the tax department.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief passed the displayed source checks. This does not constitute formal legal or CA counsel.
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