Ans: SFT stands for the Securities Financing Transaction. These transactions are made when you trade securities to borrow the cash. To avail of the SFT transactions, you must first register it on the Income Tax portal through the following steps:  Using your credentials, log in to your Income Tax website account. If you have not created an account, then create the new one Fill in all the credentials to get your ITDREIN number.  Once you get it, click on the Manage ITDREIN.  Next, you need to click on the Generate New ITDREIN.  Provide the form number that you are filling and the reporting category.  Now click on the Generate ITDREIN.  After the successful submission, you will get an SFT Registration notification along with your ITDREIN number.