The Income Tax Department has released today (7th October, 2017), the following new File Validation Utilities: FVU version 5.6 – For statement pertaining to FY 2010-11 onwards FVU version 2.152 – For statement up to FY 2009-10 Click here to view the key features of FVU version 5.6 Click here to view the key features…
Change in validations for all section codes available for Form 27EQ Remark “C” (i.e. for higher rate deduction) is made applicable for all sections available for Form 27EQ. “C” remark is only allowed when the values ‘PANAPPLIED’, ‘PANINVALID’ or ‘PANNOTAVBL’ are present in the field ‘PAN of Deductee’. In such case, total TCS amount has…
TDS due dates Periodicity Due date (Return file) Due date (TDS Certificate) Q1 (Apr-Jun) 31st July 15th August Q2 (Jul-Sep) 31st October 15th November Q3 (Oct-Dec) 31st January 15th February Q4 (Jan-Mar) 31st May 15th June TCS due dates Periodicity Due date (Return file) Due date (TCS Certificate) Q1 (Apr-Jun) 15th July 30th July Q2…
Subsequent to the email of 28th June 2016, wherein NSDL specifically mentioned about the change in the last dates of TDS / TCS Returns, a rejoinder email dated 19th July 2016 has been received that the changed date is only applicable for TDS and not TCS. Subsequently, even the corresponding date for TCS Certificate will…
This post is NULLIFIED-based on the rejoinder email of NSDL (tin_returns@nsdl.co.in) dated 19th July, 2016 which can be accessed as under: https://blog.tdsman.com/2016/07/rejoinder-email-dated-19th-july-2016-change-tcs-return-filing-dates/ After the release of the new File Validation Utility (FVU Ver 5.1 & FVU Ver. 2.147) on 28th June 2016, NSDL (tin_returns@nsdl.co.in), through an email has informed Tax Deductors / Collectors about this…
The key features of File Validation Utility (FVU) version 2.147 has been given below: New Section code 194LBC (Income in respect of investment in securitization trust) has been added under list of sections available under Form 26Q and 27Q. New nature of collection codes 206CL (Sale of Motor vehicle), 206CM (Sale in cash of any goods…
The key features of File Validation Utility (FVU) version 5.1 has been given below: New Section code 194LBC (Income in respect of investment in securitization trust) has been added under list of sections available under Form 26Q and 27Q. New nature of collection codes 206CL (Sale of Motor vehicle), 206CM (Sale in cash of any goods…
New File Validation Utilities – FVU 3.6 & 2.133 has been released pertaining to validation of eTDS & eTCS returns and will be exclusively applicable with effect from 16th Oct 2012. However till then the current versions (3.5 & 2.132) could still be used. FVU 3.6 will be applicable for quarterly TDS / TCS statements…