TDSMAN software has been updated for the newly released File Validation Utilities (FVU ver. 4.6 and FVU ver. 2.142). All licensed and trial users are advised to update the software and File Validation Utility from the Utilities menu provided in the software in order to process the TDS returns. Click here to view the key features…
The long awaited FVU has been released late evening on 20th April 2015. Brief analysis of the same is as under: Mandatory to quote PAN of Responsible Person: It is now mandatory to quote the PAN of the Responsible Person in all Regular TDS Returns and Correction Statements. It is applicable for all returns /…
The Income Tax Department has released the following new File Validation Utilities: FVU version 4.6-For statement pertaining to FY 2010-11 onwards. FVU version 2.142-For statements pertaining to FY 2007-08 to FY 2009-10. These two FVU versions are mandatory with effect from April 21, 2015. Click here to view the key features of FVU version 4.6….
Quoting of PAN of responsible person for deducting/ collecting tax. Quoting of AIN mandatory only if the TDS/TCS has been deposited by book entry i.e.,through transfer voucher. Quoting of BIN details mandatory only for the statements pertaining to FY 2013-14 onwards. Update of tax deposit amount in deductee details enabled for the deductee records where…