The long awaited File Validation Utilities (FVUs) has been launched by the Income Tax Department, effective from 1st September 2023, which are as follows:
FVU Version 8.2 – Applicable for quarterly TDS/TCS statement pertaining to FY 2010-11 onwards.
FVU Version 2.178 – Applicable for quarterly TDS/TCS statements from FY 2007-08 up to FY 2009-10.
Primarily, for Form 24Q (TDS on Salary), the changes would be applicable while preparing Returns for FY:23-24, Quarter 4 (Annexure 2).
For the other Forms (TDS & TCS), changes would be effective from FY: 23-24, Quarter 1.
TDSMAN has been fully updated with newly released File Validation Utilities
To update TDSMAN – Click on Utilities> Update Software
Last date of filing Form 26Q, Form 27Q & Form 27EQ for FY: 23-24 (Quarter 1) is 30th September 2023.