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Financial institutions to get accounts self-certified by April 30

Financial institutions to get accounts self-certified by April 30

Tuesday, April 11, 2017, 3:32 PM

The tax department today asked financial institutions (FIs) to get self-certification from account holders by April 30 to comply with FATCA provision and avoid blocking of accounts. "The account holders may be informed that, in case self-certifications are not provided till April 30, 2017, the accounts would be blocked, the CBDT said in a statement.
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