Thursday, 15 November 2012

Latest e-TDS/TCS .FVU Utility (Ver. 3.6) Free Download

TIN NSDL has released a New File Validation Utility Ver. 3.6 for e-TDS/TCS. This FVU Ver. 3.6 is most useful having many new features other than previous versions. This new FVU version 3.6 is mandatory w.e.f. 16th October 2012 and Upto 15th October 2012 user may use both FVU version 3.5 and version 3.6.

Key features of File Validation Utility (FVU) version 3.6
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:
  • Update of challan (C2 correction).
  • Deductee/ Collectee and corresponding challan is updated (C3 correction).
  • Addition of challan (C9 Correction).
  • Incorporation of sections codes 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.

FVU version 3.6 will be mandatory w.e.f October 16, 2012. Upto October 15, 2012 FVU version 3.5 and FVU version 3.6 will be applicable.

Free Download e-TDS/TCS FVU Ver. 3.6 (Click Here)

No comments:

CBDT issues second round of frequently asked questions in relation to Direct Tax Vivad Se Vishwas Scheme, 2024

  This Tax Alert summarizes Circular No. 19/2024 dated 16 December 2024 (VSV 2- December Circular) issued by the Central Board of Direct Tax...