TDSMAN updated with FVU ver. 6.0 & FVU ver. 2.156

TDSMAN has been updated for the following newly released File Validation Utilities: FVU ver. 6.0 – For statement pertaining to FY 2010-11 onwards FVU ver. 2.156 – For statement up to FY 2009-10 To update TDSMAN – Click on: Utilities – Update Software Click here to view the key features of FVU version 6.0 & FVU 2.156

Read More

Key Features – File Validation Utility (FVU) version 6.0 & 2.156

File Validation Utility (FVU) version 6.0 Field level validation for field “Certificate number issued by the Assessing Officer u/s 197 for non-deduction/lower deduction” have been relaxed Existing structural validations for field “Certificate number issued by the Assessing Officer u/s 197 for non-deduction/lower deduction” under deductee details are relaxed (as per existing validations, the format of…

Read More

Reporting of TDS transactions

Guidelines for reporting TDS transactions where amount paid to deductee has not exceeded the threshold limit in the first quarter but in subsequent quarters has exceeded threshold limit (as issued by the Directorate of Income Tax  Systems) Flag  should be selected in the field of Reason for non deduction / lower deduction / higher…

Read More