Download Latest FVU Ver. 4.1 for e-TDS/TCS Return w.e.f. 04.01.2014 for Asstt. Year 2014-15

A good news for all dedductors from TIN-NSDL. TIN-NSDL has released latest FVU version 4.1 for TDS Deductor's and TCS Collector's w.e.f. 04.01.2014 (mandatory) to submit TDS Quarterly Statement for Asstt. Year 2014-15.

Changes made in new version are to stop the misuse of the few of the facility provided in filing of TDS return .

First facility that has been withdrawn is that now you can delete any deductee entry from return filed earlier. This is stop the misuse of claiming wrong tds credit refunds and then deleting the entries from tds return and claim that amount again in another persons return.

- See more at: http://www.simpletaxindia.net/2014/01/major-changes-in-e-tds-return-new-fvu.html#sthash.aqiNHTwV.dpuf

The latest changes are made in new version to stop the mis-use of the few facility which provided in old ver. 4.0 while filing of TDS return.

Conclusions & features of Latest New 4.1 FVU Ver.:

First facility that has been withdrawn is that-

• you can delete any deductee entry from return filed earlier,
• to stop the misuse of claiming wrong tds credit refunds,
• deleting the entries from earlier submit TDS Return regarding claim amount again in another persons return.

Key feature of FVU version 4.1

• Deletion of deductee record: Feature to delete the deductee record has been discontinued. In case the user wishes to nullify a deductee record/ transaction, he is required to update the amount and related fields to “0” (zero) and add new record with updated values.
• Date of deduction: Date of deduction in deductee record should not be that of previous quarter. Example if the statement pertains to Q3 of FY 2013-14, then the date of deduction should not be lower than 01/10/2013.
• Generation of Form 27A: New feature has been enabled wherein Form 27A is generated on validation of statement by TDS/TCS FVU.
• Applicability of FVU version: FVU version 4.0 and 4.1 are applicable upto January 03, 2014 and from January 04, 2014 FVU version 4.1 would be mandatory.

The e-TDS/TCS FVU setup file (e-TDS/TCS FVU.exe) comprises of three files namely:

• TDS FVU Readme.rtf: This file contains instructions for setup of the e-TDS FVU.
• e-TDS FVU Setup.exe: This is a setup program for installation of FVU.
• These files are in an executable zip file. These files are required for installing the e-TDS/TCS FVU.

FVU for quarterly e-TDS/TCS statement pertaining to FY 2010-11 onwards

Free Download Latest New e-TDS/TCS Ver. 4.1 w.e.f. 04.01.2014