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AFFIDAVIT OF MORTGAGOR PURSUANT TO M.G.L. C. 183, 5B IN SUPPORT OF M.G.L. C. 183, 54C (a) (3) (i) (A) DISCHARGE BY MORTGAGE SERVICE OR NOTE HOLDER THAT IS NOT THE MORTGAGE HOLDER OF RECORD This Affidavit
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Form 61A is new Form 61A for submitting Statement of Specified Financial Transactions and Statement of Reportable Accounts. It is used for reporting financial transactions and accounts as per the Income Tax Act.
Any person or entity who is involved in specified financial transactions or maintains reportable accounts is required to file Form 61A.
Form 61A can be filled out electronically on the Income Tax Department's e-Filing portal. The required information must be entered accurately and the form must be submitted within the specified deadline.
The purpose of Form 61A is to report specified financial transactions and reportable accounts to the Income Tax Department in order to curb tax evasion and promote transparency.
Information such as details of specified financial transactions, reportable accounts, PAN numbers of parties involved, and other relevant financial data must be reported on Form 61A.
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