Features of FVU version 4.5

Incorporation of section 194LBA (Certain income from units of a business trust):
- Section 194LBA is applicable for Form no. 26Q and 27Q
- Section 194LBA is applicable for statements pertaining to Q3 of FY 2014-15 onwards
- For resident deductees the TDS rate is 10% & for non resident deductees the rate is 5%
Incorporation of section 194DA (Payment in respect of life insurance policy):
- Section 194DA is applicable for Form no. 26Q only
- Section 194DA is applicable for statements pertaining to Q3 of FY 2014-15 onwards
- TDS rate for this section is 2%

Key features of FVU version 4.5