Category: Traces

FVU 6.3 & FVU 2.159 released by NSDL

      No Comments on FVU 6.3 & FVU 2.159 released by NSDL

The Income Tax Department has released on 28th June 2019, the following new File Validation Utilities: FVU version 6.3 – For statement pertaining to FY 2010-11 onwards FVU version 2.159… Read more »

Key Features – File Validation Utility (FVU) version 6.3 & 2.159

File Validation Utility (FVU) version 6.3 & 2.159 Changes in FVU validations for accepting statements prepared for newly allotted TANs This FVU has been enhanced to validate the enhanced TAN… Read more »

FAQ on Online Correction

      No Comments on FAQ on Online Correction

What is Online Correction? TRACES has provided the functionality of “Online Correction” where deductor can perform correction of TDS return /TCS return online. Following are the various facilities available through online… Read more »

Reasons to reject the correction in challan detail by TDS-CPC

Rejection reasons pertaining to challan details are as follows: Challan detail record on which correction has been filed does not exist in regular / previous statement In a correction statement,… Read more »

Reasons for rejection of correction statement by TDSCPC

Following are the common reasons for rejecting a correction statement: TAN is not valid as per data at TDSCPC Statement corresponding to regular token number / previous token number field,… Read more »

Steps for requesting Form 16

      No Comments on Steps for requesting Form 16

The procedure for requesting Form 16 from TRACES website has been given below: From FY:18-19 onwards, the Income Tax department is now providing both Part A and Part B of… Read more »