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…
View More Discontinuation of Nil returns in TDS returnsCategory: TCS
Tax Collected at Source
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…
View More FVU 4.0 and FVU 2.136 released by NSDLKey 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…
View More Key features of FVU version 4.0Key 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…
View More Key features of FVU version 2.136TDS/TCS Compliances for 2nd Quarter of F.Y. 2013-14
Last date for payment of tax deductions/collections for September – 7th October, 2013 Last date of filing of TDS/TCS returns for Q2 of FY: 2013-14…
View More TDS/TCS Compliances for 2nd Quarter of F.Y. 2013-14Know the status and default information of the return thorugh TRACES dashboard
Now, you can know the status and default information of the return by visiting the dashboard of your TRACES Account.
View More Know the status and default information of the return thorugh TRACES dashboardDeductor not responsible for non-mention PAN of Deductee in TDS Certificate
As per Income Tax rulings regarding issuing of Form-16 or 16A, deductors are not responsible for non-mention of payees PAN in it. In the other…
View More Deductor not responsible for non-mention PAN of Deductee in TDS CertificateTDSMAN updated with FVU ver. 3.9 & FVU ver. 2.135
TDSMAN software has been updated for the newly released File Validation Utilities (FVU ver. 3.9 and FVU ver. 2.135). All licensed and trial users are…
View More TDSMAN updated with FVU ver. 3.9 & FVU ver. 2.135Key features of FVU version 2.135
Change in validation of quarterly TDS/TCS statement wherein Book entry flag should not be provided in the challan details in case of nil challan\nil transfer…
View More Key features of FVU version 2.135Key features of FVU version 3.9
Change in validation of quarterly TDS/TCS statements are as below: Book entry flag should not be provided in the challan details for nil challan/nil transfer…
View More Key features of FVU version 3.9