Thursday 18 December 2014

Changes in e-TDS/TCS RPU & FVU validations.

It is proposed to release new version of NSDL Return Preparation Utility (RPU) and File Validation Utility (FVU) incorporating the below features:


Features of NSDL RPU
·         Allow update in field in Form no. 27Q “Whether TDS rate of TDS is IT act (a) and DTAA (b)” where the tax has been deducted at higher rate.
·         Incorporation section code:
o   “194LBA” & “194DA” have been added for below forms which will be applicable for a statement pertaining to FY 2014-15 & Q3 onwards.
o   Section code 194LBA will be applicable for Form 26Q and 27Q.
o   Section code 194DA will be applicable only for Form 26Q.
o   For section code “194LBA”, select “4BA” from the dropdown of section code column in Annexure I sheet.
o   For section code “194DA”, select “4DA” from the dropdown of section code column in Annexure I sheet.
·         Latest FVU versions incorporating latest validations.

Features of FVU
·         Incorporation section code“194LBA” & “194DA” for Form 26Q
·         The said section codes will be applicable for TDS statement pertaining to FY 2014-15 (Q3 onwards).

Utilities incorporating the above features will be available for download at TIN website (www.tin-nsdl.com) from download section on December 20, 2014.

For any further queries/ feedback, kindly send email to tin_returns@nsdl.co.in

For and on behalf of Tax Information Network


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