Release of File Validation Utility (FVU) version 3.9 for e-TDS/TCS Statements pertaining to FY 2010-11 onwards and version 2.135 for statements up to FY 2009-10
Now the FVU version 3.8 has been replaced with the new FVU version 3.9 for the statements pertaining to FY 2010-11 onwards and FVU 2.135 has replaced the older FVU 2.134 for statements up to 2009-10 and the both are available at TIN website for download. Statements with FVU version 3.8 and 2.134 will not be accepted from 01/09/2013. 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 2.135) will be used.
Key features of FVU 2.135 is as follows:
Change in validation of quarterly TDS/TCS statement wherein “Book entry flag” should not be provided in the challan details in case of nil challan\nil transfer voucher.
Change in name of the field of as below:
In the deductee details (Form 27Q – Annexure I), name of the field “Country to which Remittance made” has been changed to “Country of Residence of the Deductee”.
In the deductee details (Form 24Q – Annexure I), name of the field “Taxable amount of which tax deducted” has been changed to “Amount paid/Credited”.
FVU Version 2.134 and 2.135 are applicable upto August 31, 2013. Further, FVU Version 2.135 would be mandatory from September 01, 2013.
For quarterly e-TDS/TCS statements pertaining to FY 2010-11 onwards
e-TDS/TCS FVU.exe (Version 3.9) will be used.
Key feature of FVU version 3.9
Change in validation of quarterly TDS/TCS statements are as below:
Book entry flag should not be provided in the challan details for nil challan\nil transfer voucher for all the financial years.
In the salary details (Form 24Q Q4 – Annexure II), if PAN provided is invalid (i.e. PANNOTAVBL, PANAPPLIED & PANINVALID), then the flag in the column “Whether tax deducted at higher rate” mandatorily needs to be “Yes” for TDS statements pertaining to FY 2013-14 onwards.
Mandatory to mention at deductee details “Country of Residence of the deductee” in TDS statement (Form no. 27Q only – Regular and Correction) pertaining to FY 2013-14 onwards.
Change in name of the field of as below:
In the deductee details (Form 27Q – Annexure I), name of the field “Country to which Remittance made” has been changed to “Country of Residence of the Deductee”.
In the deductee details (Form 24Q – Annexure I), name of the field “Taxable amount of which tax deducted” has been changed to “Amount paid/Credited”.
FVU version 3.8 and 3.9 are applicable upto August 31, 2013. Further, FVU version 3.9 would be mandatory from September 01, 2013.
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