Key Features of File Validation Utility (FVU) version 2.142
Quoting of PAN of responsible person for deducting/ collecting tax. This version of FVU will be applicable with effect from April 21, 2015.
Tag: file validation utility
Problem in validation of Salary Returns (Form 24Q) for quarter ended March 2015
File Validation Utility (FVU) Ver. 4.5 is the latest FVU released by the Income Tax Department for validating all TDS Returns from financial year 2010-11. While validating Form 24Q (Salary… Read more »
Late Filing Fee u/s 234E – Judicial Interpretation – Hon’ble High Court of Bombay – February 6, 2015
Dear Deductor, Section 234E of the Income-tax Act, 1961 inserted by the Finance Act, 2012 provides for levy of a fee of Rs. 200/- for each day’s delay in filing… Read more »
Mandatory to submit Form 27A generated by File Validation Utility (FVU)
With effect from February 1, 2014, it is mandatory to submit Form 27A generated by TDS/TCS FVU (File Validation Utility) duly signed, along the TDS/TCS statement(s). Any other Form 27A… Read more »
Discontinuation of Nil returns in TDS returns
Deductors will not be able to file nil-returns after new File Validation Utilities (FVU 4.0 & FVU 2.136) are made applicable. This is because it is clearly stated in the… Read more »
New File Validation Utility (FVU 3.7) Released
New File Validation Utility – FVU 3.7 has been released pertaining to validation of eTDS & eTCS returns of Financial Year 2010-11 onwards, and will be compulsorily applicable with effect… Read more »