- Addition of New State code for “TELANGANA”.
New State code “36” for “TELANGANA” has been added.
- Applicability of FVU version:
From June 28, 2014, FVU version 4.3 would be mandatory for statements pertain to FY 2010-11 onwards.
New State code “36” for “TELANGANA” has been added.
From June 28, 2014, FVU version 4.3 would be mandatory for statements pertain to FY 2010-11 onwards.
The Income Tax Department has released the following new File Validation Utilities on 27th June, 2014:
• FVU version 4.3 – For Statements pertaining to FY 2010-11 onwards.
• FVU version 2.139 – For Statements upto FY 2009-10.
These two FVU versions are mandatory with effect from June 28, 2014.
CBDT has revised PAN Application form 49A and 49AA wef from 16.05.2014 vide its notification no. 26/2014, Dated- 16-5-2014. This new form provide option to individuals to show mother’s name on PAN card. In revised pan application form Father’s name remain mandatory but column has been provided for Individuals to fill mothers name also. Further on pan card individual may opt for printing of either Mother’s name or father’s name.
The complete notification and revised PAN application forms are given hereunder:
INCOME-TAX (FIFTH AMENDMENT) RULES, 2014 – SUBSTITUTION OF FORMS 49A AND 49AA
NOTIFICATION NO. 26/2014 [F.NO.142/15/2013-TPL]/SO 2045(E), DATED 16-5-2014
In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:—
1. (i) These rules may be called the Income–tax (5th Amendment) Rules, 2014.
(ii) They shall come into force on the date of their publication in the Official Gazette.
2. In the Income-tax Rules, 1962, in Appendix II, for Forms 49A and 49AA, the following Forms shall be substituted, namely:—
Download FORM No. 49A
APPLICATION FOR ALLOTMENT OF PERMANENT ACCOUNT NUMBER
[IN THE CASE OF INDIAN CITIZENS/INDIAN COMPANIES/ENTITIES INCORPORATED IN INDIA/UNINCORPORATED ENTITIES FORMED IN INDIA]
Download FORM No. 49AA
APPLICATION FOR ALLOTMENT OF PERMANENT ACCOUNT NUMBER
INDIVIDUALS NOT BEING A CITIZEN OF INDIA/ENTITIES INCORPORATED OUTSIDE INDIA/UNINCORPORATED ENTITIES FORMED OUTSIDE INDIA
PC(TDS) has provided a feature of downloading Form 27D, the Tax Collection Certificatefor Deductees forming part of TCS Statements, filed in the form of 27EQ.
Refer to the following details for the above functionalities:
With effect from June 1, 2014, Deductors/Collectors need not submit copy of Provisional Receipt of original statement and Statement Statistics Report (SSR) for furnishing e-TDS/TCS correction statement.
Income Tax Department has revised the procedure for acceptance of e-TDS/TCS correction statements. The same is intimated vide Circular No: NSDL/TIN/2014/024 dated 28 May, 2014. The revised procedure is applicable with effect from June 1, 2014
In view of the above circular, TIN-FCs are required to accept e-TDS/TCS correction statements from Deductors/Collectors with .FVU file and duly signed Form 27A (generated from the latest File Validation Utility). The copy of Original Provisional Receipt and Statement Statistic Report (SSR) need not be accepted from Deductor/Collector.
The Circular produced is given as under:
Circular No: NSDL/TIN/2014/024 May 28, 2014
Subject: Revised procedure for acceptance of e-TDS/TCS correction statements and upload of scanned documents to TIN Central System
Attention of all TIN Facilitation Centers (TIN-PCs) is invited to the procedure of acceptance of e-TDS/TCS correction statements and upload of scanned images as provided in chapter 6 and 7 of the TIN-PC Operating Manual (TOM).
As per approval from Income Tax Department, the procedure for acceptance of e-TDS/TCS correction statement stands revised. The same is intimated vide this circular. The revised procedure applicable with effect From June 1, 2014 is as per table below:
Sr. No. | Documents to be accepted along with e- TDS/TCS correction statements – Existing procedure | Documents to be accepted along with eTDS/TCS correction statements – Revised procedure (From June 1, 2014) |
1 | Physical Form 27A | Physical Form 27A |
2 | Statement Statistics Report (SSR) | |
3 | Copy of Provisional Receipt of Original Statement |
In view of the above, TIN-PCs are required to accept e-TDS/TCS correction statements from Deductors/Collectors with .FVU file and duly signed Form 27A (generated from the latest File Validation Utility). The copy of Original Provisional Receipt and Statement Statistic Report need not be accepted from Deductor/Collector.
The verification of control total screen has to be carried out on the basis of information present on Form 27A.
Further, the revised procedure for upload of scanned images of e-TDS/TCS correction Statements, is as per the following table wherein e-TDS/TCS statements are accepted on or after June 1, 2014.
Documents accepted at the time ofacceptanceof e-TDS / TCS Statement | Documents to be returned to Deductor / Collector | Scanning of documents |
1. CD/Pen Drive2. Form 27A | 1. CD/ Pen Drive | 1. Form 27A2. Provisional receipt copy generated from SAMIn case of multi-hatch correction statements, following documents to be scanned;
|
Note: For e-TDS/TCS statements accepted upto May 31, 2014, the scanned images of Form 27A and Provisional Receipt needs to be scanned and uploaded as referred vide circular number NSDL/T1N/2011/009 dated May 6, 2011.
The version of TOM after the above said updates is 5.10. The version control sheet is attached as Anneyure A
In case of any clarifications, contact TIN Support Desk on 022-24994201.
For and on behalf of
NSDL e-Governance Infrastructure Limited
Bushan Maideo
Senior Vice President
TRACES has several easy-to-use, online e-Tutorials and FAQs that can be effectively used to get ready answers to your questions.
Following are some of the most common reasons deductors enquire or call TRACES:
What is the status of processing of statements?
Having issues with downloading of TDS Certificates/ Consolidated Files?
Have a problem in password required for various process at TDSCPC?
Have a query related to Intimations sent by CPC(TDS)?
Have a query related to Registration/Login?