Wednesday 26 September 2012

Key features of NSDL Return Preparation Utility (RPU) version 3.1



·         Incorporation of File Validation Utility (FVU) as below:

FVU version
Remarks
3.6
Applicable from FY 2010-11 onwards.
2.133
Applicable upto FY 2009-10.


·         Aforementioned FVU version will be mandatory w.e.f October 16, 2012.
·         Import of challan file (.csi file): Import of challan file downloaded from the TIN website (Challan Status Inquiry) has been made mandatory at the time of validating
the quarterly TDS/TCS statement, if the TDS/TCS is deposited through challan. This will be applicable in case of regular statement and for correction statement in the scenarios as below:
o        Update of challan (C2 correction).
o        Deductee/ Collectee and corresponding challan is updated (C3 correction).
o        Addition of challan (C9 Correction).
·         Incorporation of sections codes in quarterly TDS/TCS statements as below:

Section code
Section code to be quoted in Quarterly TDS/TCS Statement
Applicable to TDS/TCS statement Form No.
Remarks
194LB
4LB
27Q
Applicable from FY 2011-12 onwards
194LC
4LC
27Q
Applicable from FY 2012-13 onwards
206CJ
J
27EQ
Applicable from FY 2012-13 onwards
206CK
K
27EQ
Applicable from FY 2012-13 onwards


·         Separate flag “O” has been incorporated for reporting salary details of “Super senior citizen” (individual above the age of 80 years) at Form no. 24Q. This categorization is applicable from FY 2011-12 onwards.
·         Separate flag “S” for categorizing software vendor transaction (as per ITD notification dated 21/2012) in Non salary TDS statements (Form 26Q – Section code 194J and 27Q –Section code 195). This categorization is applicable from FY 2012-13 onwards.
Download the same at


No comments:

Pre-GST taxes cannot be refunded if paid pursuant to an inquiry

  This is to update you about an important decision by Tribunal in the case of Filatex India Limited vs. CCE & ST , E A No. 10231 of ...