TDS on Real estate Industry
Concept of TDS for Real estate Industry: Vide Finance Act 2013; concept of TDS on Real estate transactions was introduced in India. As per Newly inserted section 194IA, Any person,… Read more »
TDSMAN updated with FVU ver. 3.9 & FVU ver. 2.135
TDSMAN software has been updated for the newly released File Validation Utilities (FVU ver. 3.9 and FVU ver. 2.135). All licensed and trial users are advised to immediately update their… Read more »
Procedure for online e-Filing of Income Tax Return for A.Y. 2013-14
Income tax department has published the latest Online e-File Income Tax Return Procedure for Assessment Year 2013-14. In this new procedure, tax payee can free download ITR-I to ITR-4S (Excel Base) to upload online XML…. Read more »
Correction Statements for F.Y. 2013-14 can now be prepared using FVU 3.9
As observed, the FVU version 3.8 released by NSDL was not allowing the preparation of Correction Statements for F.Y. 2013-14. On 12th August 2013, New File Validation Utlity (FVU version 3.9)… Read more »
Request for consolidated file temporarily suspended at TRACES
Consolidated file request functionality will not be available for deductors till 19th August, 2013. The functionality will be resumed from 20th August, 2013 onwards.
Key features of FVU version 2.135
Change in validation of quarterly TDS/TCS statement wherein Book entry flag should not be provided in the challan details in case of nil challan\nil transfer voucher. Change in name of… Read more »