Release of File Validation Utility (FVU) version 4.0 for e-TDS/TCS Statements pertaining to FY 2010-11 onwards and version 2.136 for statements up to FY 2009-10
Now the FVU version 3.9 has been replaced with the new FVU version 4.0 for the statements pertaining to FY 2010-11 onwards and FVU 2.136 has replaced the older FVU 2.135 for statements up to 2009-10 and the both are available at TIN website for download. Statements with FVU version 3.9 and 2.135 will not be accepted from 01/10/2013. 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 2.136) will be used.
Key features of FVU 2.136 is as follows:
· Nil challans/transfer vouchers with deductee record:Validation as below is applicable:
o Nil challans/transfer vouchers need to mandatorily have deductee records.
o In deductee records, flag in the remarks for lower or non-deduction should be “A” or “B” (as applicable).
o This validation will apply for regular and correction statements.
· Last provisional receipt number to be quoted in regular TDS/TCS statements: Deductors are require to mandatorily quote the last accepted provisional receipt number of the regular quarterly TDS/TCS statement.
· Date of deposit of Non-nil Challan: Validation for Date of deposit of non-nil challan has been relaxed. This date can pertain to immediate previous financial year of the statement.
· FVU Version 2.135 and 2.136 are applicable upto September 30, 2013. Further, FVU version 2.136 would be mandatory from October 01, 2013.
For quarterly e-TDS/TCS statements pertaining to FY 2010-11 onwards e-TDS/TCS FVU.exe (Version 4.0) will be used.
Key feature of FVU version 4.0
· Change in validation of Section code 194LC:
o Section code 194LC will be applicable only for deductor category (as per the statement) “Company” and “Branch of Company”.
o This validation will apply for regular and correction statements.
· Incorporation of new section code 194LD: This Section code will be applicable for:
o Regular and correction statements pertaining to FY 2013-14 and onwards.
o Statement pertaining to Form no. 27Q.
· Nil challans/transfer vouchers with deductee record: Validation as below will be applicable:
o Nil challans/transfer vouchers need to mandatorily have deductee records.
o In deductee records, flag in the remarks for lower or non-deduction should be “A”, “B”, “Y”, “S”, “T” or “Z” (as applicable).
o This validation will apply for regular and correction statements.
· Last provisional receipt number to be quoted in regular TDS/TCS statements: Deductors are require to mandatorily quote the last accepted provisional receipt number of the regular quarterly TDS/TCS statement.
· Date of deposit of Non-nil Challan: Validation for Date of deposit of non-nil challan has been relaxed. This date can pertain to immediate previous financial year of the statement.
· FVU version 3.9 and 4.0 are applicable upto September 30, 2013. Further, FVU version 4.0 would be mandatory from October 01, 2013.
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