TDSMAN software has been updated for the newly released File Validation Utilities (FVU ver. 4.8 and FVU ver. 2.144). All 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. FVU ver 4.8 – For Statements pertaining to FY […]
Month: September 2015
In case of excess deduction of tax at source, claim of refund of such excess TDS can be made by the deductor. The excess amount is refundable as per procedure laid down for refund of TDS. The difference between the actual payment made by the deductor and the tax deducted at source or deductible, whichever […]
The Income Tax Department has released the following new File Validation Utilities: FVU version 4.8-For statement pertaining to FY 2010-11 onwards. FVU version 2.144-For statement pertaining to FY 2007-08 to FY 2009-10. Click here to view the key features of FVU version 4.8 Click here to view the key features of FVU version 2.144 TDSMAN […]
1. Discontinuation of C9 Correction Statements: As directed by Income Tax Department (ITD), C9 correction i.e. addition of new Challans in Correction Statement(s) has been discontinued. 2. This version of FVU will be applicable with effect from September 29, 2015.
1. Section code 192A: In addition to Form no. 26Q, this section will also be applicable for Form no. 27Q where the date of payment to deductee is on or after 01/06/2015. 2. Discontinuation of C9 Correction Statements: As directed by Income Tax Department (ITD), C9 correction i.e. addition of new Challans in Correction Statement(s) has […]
Please refer to the following guidelines for correct reporting of 197 Certificates: The Certificate Number should be of 10 digits with Alpha-numeric structure. Please refer to the following examples: Correct Format 1111AA111A; Incorrect Format: 1111AA111A/194C Certificate Number should be valid during the period for which it is quoted. The Certificate Number should be for the […]