New FVU version 5.1 Released for Quarterly eTDS Return:
EDIT: FVU 5.2 released for filing quarterly TDS/TCS Statements and is applicable from 17th September 2016.
TIN-NSDL has released new version of File Validation Utility (FVU version 5.1) for generating eTDS / TCS quarterly statements. The new FVU version 5.1 (for statement pertaining to FY 2010-11 onwards) and version 2.147 (for quarterly e-TDS/TCS statements up to FY 2009-10) is applicable with effect from 28th June 2016.
Changes in the New FVU are as follows:
- New Section code 194LBC (Income in respect of investment in securitization trust) has been added under list of sections available under Form 26Q and 27Q.
- New nature of collection codes 206CL (Sale of Motor vehicle), 206CM (Sale in cash of any goods (other than bullion/jewellery)) and 206CN (Providing of any services (other than Ch-XVII-B)) has been added under list of collection codes available under Form 27EQ.
Saral TDS is updated with the latest FVU version 5.1 and FVU version 2.147. Please run WebUpdates to get the latest version for Saral TDS (v16.03; Fix-2) and generate quarterly eTDS/TCS returns to avoid rejection at TIN-FCs.
Related topics: Latest changes in TDS provisions, FVU v5.0