Deductor can adust excess TDS deposited in previous Financial Year in current Financial Year with FVU version 4.0 mandatory w.e.f. 01.10.13 It means if, TDS Deductor are filing thier e-TDS return for Financial Year 2013-14, then they can also enter challan deposited in immediate previous Financial Year i.e. FY: 2012-13. All challans deposited after 01.04.2012…
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 version 4.0 – For Statements pertaining to FY 2010-11 onwards. FVU version 2.136 – For Statements pertaining to FY 2007-08 to FY 2009-10. FVU version 3.9 and FVU Version 2.135…
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 Company. This validation will apply for regular and correction statements. Incorporation of new section code 194LD: This Section code will be applicable for: Regular and correction statements pertaining to FY 2013-14…