Release of File Validation Utility (FVU) version 3.7 for e-TDS/TCS Statements pertaining to FY 2010-11 onwards
Release of new FVU version 3.7 for e-TDS/TCS Statements pertaining to FY 2010-11 onwards which is mandated from May 26, 2013.TDS/TCS Statements validated with FVU version 3.6 as well as 3.7 will be accepted at Tin Centres till May 25, 2013 and thereafter Statements validated with FVU version 3.7 will only be accepted
For quarterly e-TDS/TCS statement up to FY 2009-10
e-TDS/TCS FVU.exe (Version 2.133) will be used.
The features of FVU version 3.7 are as below:
1) Incorporation of Section 80CCG: In Annexure II (Annual salary details) of Form No. 24Q, Q4,
section 80CCG has been incorporated to report the deductions claimed under “Rajiv Gandhi
Equity Savings Scheme”. Section 80CCG is applicable for TDS statements pertaining to FY
2012-13 onwards. An amount of up to ` 25000/- can be claimed as deduction under section
80CCG.
2) Deductee PAN for challan section code 206CK: Validation of 85% valid deductee PANs for
deductee pertaining to challan section code 206CK has been relaxed i.e., requirement of 85%
PAN validation will not be applicable to deductees underlying a challan for section code 206CK.
3) Restriction of deduction under section 80CCF: Validation to ensure that deduction allowed
under section 80CCF pertaining to investment in infrastructure bonds is restricted to TDS
Statements (24Q, Q4) pertaining to FY 2010-11 and 2011-12.
4) Validation with regard to filing of statement: Validation has been incorporated in FVU
wherein the TDS/TCS statement can be filed only after the end of quarter. Example, Statement
pertaining to Q1 of FY 2013-14 can be filed only from 01/07/2013 onwards. However, for Form
No. 24Q, Q4 Statement can be filed on commencement of corresponding FY. Example 24Q, Q4
Statement of FY 2013-14 can be filed from 01/04/2013 onwards.
Click here for downloading
Release of new FVU version 3.7 for e-TDS/TCS Statements pertaining to FY 2010-11 onwards which is mandated from May 26, 2013.TDS/TCS Statements validated with FVU version 3.6 as well as 3.7 will be accepted at Tin Centres till May 25, 2013 and thereafter Statements validated with FVU version 3.7 will only be accepted
For quarterly e-TDS/TCS statement up to FY 2009-10
e-TDS/TCS FVU.exe (Version 2.133) will be used.
The features of FVU version 3.7 are as below:
1) Incorporation of Section 80CCG: In Annexure II (Annual salary details) of Form No. 24Q, Q4,
section 80CCG has been incorporated to report the deductions claimed under “Rajiv Gandhi
Equity Savings Scheme”. Section 80CCG is applicable for TDS statements pertaining to FY
2012-13 onwards. An amount of up to ` 25000/- can be claimed as deduction under section
80CCG.
2) Deductee PAN for challan section code 206CK: Validation of 85% valid deductee PANs for
deductee pertaining to challan section code 206CK has been relaxed i.e., requirement of 85%
PAN validation will not be applicable to deductees underlying a challan for section code 206CK.
3) Restriction of deduction under section 80CCF: Validation to ensure that deduction allowed
under section 80CCF pertaining to investment in infrastructure bonds is restricted to TDS
Statements (24Q, Q4) pertaining to FY 2010-11 and 2011-12.
4) Validation with regard to filing of statement: Validation has been incorporated in FVU
wherein the TDS/TCS statement can be filed only after the end of quarter. Example, Statement
pertaining to Q1 of FY 2013-14 can be filed only from 01/07/2013 onwards. However, for Form
No. 24Q, Q4 Statement can be filed on commencement of corresponding FY. Example 24Q, Q4
Statement of FY 2013-14 can be filed from 01/04/2013 onwards.
Click here for downloading
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