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Day: September 26, 2013

Discontinuation of Nil returns in TDS returns

Deductors will not be able to file nil-returns after new File Validation Utilities (FVU 4.0 & FVU 2.136) are made applicable. This is because it…

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FVU 4.0 and FVU 2.136 released by NSDL

The Income Tax Department has released the following new File Validation Utilities on 26 September, 2013 which would be mandatory from October 01, 2013: FVU…

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Key features of FVU version 4.0

Change in validation of Section code 194LC: Section code 194LC will be applicable only for deductor category (as per the statement) Company and Branch of…

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Key features of FVU version 2.136

Nil challans/transfer vouchers with deductee record: Validation as below is applicable: Nil challans/transfer vouchers need to mandatorily have deductee records. In deductee records, flag in the…

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