Only for Mutual Fund Distributors:

Some MFDs have asked me the process Declaration of Self Certification (DSC) for FY1920

This is a quick thread to help you do the DSC this year

Option 1: Do Digitally with OTP (No paper work or sign)
Option 2: Print, Sign and Upload

(1/n)
Option 1: Digitally with OTP only

1. Go to web.camsonline.com/AMFI/Login.aspx
2. Choose ARN Renewal login
3. Login with ARN, password
4. Go to Update Profile
5. Select Self Declaration
6. Choose OTP Button
7. Choose with sub-broker or no sub broker
8. Tick boxes
9. Click Generate OTP
(2/n)
10. U will get OTP on both email and regd mobile
11. Both OTPs will be different
12. You have to enter both these OTPs
13. Click submit
14. Your DSC is successfully submitted

It is complete, u will get email acknowledgement immediately. Save it

(3/n)
Option 2: Printed, Signed and Upload

Till step 5 process is same. That is login
Step 6: Choose Upload (instead of OTP)
Step 7: U shud have printed, signed (sign only in blue ink) and scanned copy of DSC
Step 8: Scan should be either PDF of jpg and in color
Step 9: Upload
(4/n)
Step 10: CAMs will verify signature, stamp etc of the uploaded scanned file
Step 11: If it is in order, after few days you will get email confirmation
Step 12: If there is any problem - sign mismatch etc - it will be rejected and u will have to do it again

End of Thread
(5/n)

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More from @NagpalManoj

19 Jul 20
Thread on implication of new 26AS Form of Income Tax

Background
On 18July20, Income Tax Dept informed that new 26AS form is implemented

New 26AS will now include certain high value transactions (explained in thread). How does it impact u is what this thread explains

(1/n)
First let's start with basics

Q: What is Form 26AS Form?
Ans: Till now Form 26AS, was a statement that IT dept used to provide u to capture

(a) TDS deducted from u (For eg: Ur company deducting TDS on ur salary)
(b) TCS: Tax collected at source (house property etc)

(2/n)
Now what has changed?

Now Form 26AS, will have a new section known as Section E

Section E will also capture certain high value transactions that you do in a financial year

So at a glance it will help u see you large txns in a year. And we explain below which txns

(3/n)
Read 12 tweets

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