Release of File Validation Utility (FVU) version 3.8 for e-TDS/TCS Statements pertaining to FY 2010-11 onwards and version 2.134 for statements up to FY 2009-10
Now the FVU version 3.71 has been replaced with the new FVU version 3.8 for the statements pertaining to FY 2010-11 onwards and FVU 2.134 has replaced the older FVU 2.133 for statements up to 2009-10 and the both are available at TIN website for download. Statements with FVU version 3.71 and 2.133 will not be accepted and in the same line existing SAM is rejecting such files. So use only the latest FVU while preparing TDS Returns.
For quarterly e-TDS/TCS statement up to FY 2009-10
e-TDS/TCS FVU.exe (Version 2.134) will be used.
Key features of FVU 2.134 is as follows:
· Addition of filler fields in:
o Deductor details (BH record)o Challan details (CD record)
o Deductee details (DD record)
o Salary details (SD record). Applicable in case of 24Q, Q4.
· Quarterly TDS/TCS statement (regular and correction) can be validated for statements pertaining to FY 2007-08 onwards.
· Discontinuation of “Y” type of correction statement.
· FVU version 2.134 is applicable w.e.f 01/07/2013.
For quarterly e-TDS/TCS statements pertaining to FY 2010-11 onwards
e-TDS/TCS FVU.exe (Version 3.8) will be used.
Key feature of FVU version 3.8
· Change in data structure of quarterly TDS/TCS statement pertaining to FY 2013-14 onwards as below:
o Alternate contact details like e-mail and contact no. of the deductor and responsible person may be provided.
o Quoting of TAN registration no. (if any) as provided by TIN.
o Minor head code is to be provided in challan details.
o Late fee is to be provided in challan details applicable from FY 2012-13 onwards.
o No details to be provided for cheque no. and section code in the challan details.
o Section code to be provided in deductee/collectee details.
o Introduction of new section code Form no. 24Q: Section 92C has been added which is applicable in case payment is made to Union Govt. employees.
o Section 194I has been bifurcated as below:
§ Select value 4IA from the section code drop down where tax has been deducted under section 194I (a)
§ Select value 4IB from the section code drop down where tax has been deducted under section 194I (b)
o Lower/ No deduction certificate no. to be provided in the deductee details.
o In the annual salary details (24Q, Q4 – Annexure II) break up to be provided for the salary paid and the tax deducted by the current employer and previous employer during the current Financial Year.
o Introduction of fields for quoting foreign remittance details in Form no. 27Q as below
Nature of remittance
Whether TDS rate of TDS is IT act (a) and DTAA (b)
Unique acknowledgement of the corresponding form no 15CA (if available)
Country to which remittance is made
o Introduction of value “Z” in the field Remarks for lower or no deduction. Applicable in case of no deduction on account of payment under section 197A (1F).
o In the annual salary details (24Q Q4 – Annexure II) records to be highlighted whether the tax has been deducted at higher rate.
· Discontinuation of “Y” type of correction statement.
· FVU version 3.8 is applicable w.e.f 01/07/2013.
No comments:
Post a Comment