TDSMAN updated with FVU ver. 4.1 & FVU ver. 2.137
TDSMAN software has been updated for the newly released File Validation Utilities (FVU ver. 4.1 and FVU ver. 2.137). All licensed and trial users are advised to immediately update their… Read more »
Category: TCS certificates
Analysis of FVU 4.1 and FVU 2.137
1. Date of deduction: Date of deduction in deductee record should not be that of previous quarter. Example if the statement pertains to Q3 of FY 2013-14, then the date… Read more »
FVU 4.1 and FVU 2.137 released by NSDL
The Income Tax Department has released the following new File Validation Utilities on 2nd January, 2014: FVU version 4.1-For Statements pertaining to FY 2010-11 onwards. FVU version 2.137-For Statements upto… Read more »
Key feature of FVU version 2.137
Deletion of deductee record: Feature to delete the deductee record has been discontinued. In case the user wishes to nullify a deductee record/ transaction, he is required to update the… Read more »
Key feature of FVU version 4.1
Deletion of deductee record: Feature to delete the deductee record has been discontinued. In case the user wishes to nullify a deductee record/ transaction, he is required to update the… Read more »
Deferred Tax Liability on Special Reserve created u/s. 36(1)(vii) of the Income Tax Act, 1961
The Income Tax Department has issued a circular regarding Deferred Tax Liability on special reserves created section 36(1)(vii) of the Income Tax Act which is as under: DEFERRED TAX LIABILITY… Read more »