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Smart & Easy TDS Software for Preparing TDS Returns

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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 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 are applicable upto September 30, 2013.

Click here to view the key features of FVU version 4.0
Click here to view the key features of FVU version 2.136

TDSMAN will incorporate new FVU versions and would be released latest by 30th September 2013. Meanwhile, the earlier versions (FVU 3.9 and FVU 2.135) are still applicable for preparing and filing returns.

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Key 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 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 and onwards.
    • Statement pertaining to Form no. 27Q.
  • Nil challans/transfer vouchers with deductee record: Validation as below will be applicable:
    • Nil challans/transfer vouchers need to mandatorily have deductee records.
    • In deductee records, flag in the remarks for lower or non-deduction should be “A”, “B”, “Y”, “S”, “T” or “Z” (as applicable).
    • This validation will apply for regular and correction statements.
  • Last provisional receipt number to be quoted in regular TDS/TCS statements: Deductors are require to mandatorily quote the last accepted provisional receipt number of the regular quarterly TDS/TCS statement.
  • Date of deposit of Non-nil Challan: Validation for Date of deposit of non-nil challan has been relaxed. This date can pertain to immediate previous financial year of the statement.
  • FVU version 3.9 and 4.0 are applicable upto September 30, 2013. Further, FVU version 4.0 would be mandatory from October 01, 2013.
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