Tuesday, 21 April 2015

e-TDS/TCS RPU (Version 4.3) launched with advanced features.

e-TDS/TCS RPU (Version 4.3) for Statements from FY 2007-08 onwards released (20/04/2015)
Key FeaturesReturn Preparation Utility (RPU) version 4.3
  • Quoting of PAN of responsible person for deducting/ collecting tax.
  • Quoting of AIN mandatory only if the TDS/TCS has been deposited by book entry i.e., through transfer voucher.
  • Quoting of BIN mandatory only for the statements pertaining to FY 2013-14
  • Update of tax deposit amount in deductee details enabled for the deductee records where tax has been deducted at higher rate.

  • Reduction in the applicable list of “Nature of Remittances” (Applicable in case of Form no. 27Q).
  • Enhancement of deduction allowed under section 80CCE from Rs. 1,00,000/- to Rs. 1,50,000/-.
  • Incorporation of latest File Validation Utility (FVU) version 4.6 (applicable for TDS/TCS statements pertaining to FY 2010-11 onwards) and FVU version 2.142 (applicable for TDS/TCS statements upto FY 2009-10).
-

No comments:

Can GST Under RCM Not Charged and Paid from FY 2017-18 to October 2024 be Settled in FY 2024-25?

 In a recent and significant update to GST regulations, registered persons in India can now clear unpaid Reverse Charge Mechanism (RCM) liab...