Key Features of FVU 4.6 and 2.142 Ver. for Asstt. Year 2015-16 w.e.f. 21.04.15

Recently released latest TDS File Validation Utility (FVU) Ver. 4.6 and 2.142 for Asstt. Year 2011-12 onwards and from Asst. Year 2008-09 to 2010-11 respectively with effect from 21st April, 2015. The Key Features of both the version are as under :
Key Features – File Validation Utility (FVU) version 4.6
  • Quoting of PAN of responsible person for deducting/ collecting tax.
  • Quoting of AIN mandatory only if the TDS/TCS has been deposited by book entry i.e., through transfer voucher.
  • Quoting of BIN details mandatory only for the statements pertaining to FY 2013-14 onwards.
  • Update of tax deposit amount in deductee details enabled for the deductee records where tax has been deducted at higher rate.
  • Reduction in the applicable list of “Nature of Remittances” (Applicable in case of Form no. 27Q).
  • Enhancement of deduction allowed under section 80CCE from Rs. 1,00,000/- to Rs. 1,50,000/-.
  • This version of FVU will be applicable with effect from April 21, 2015.

Key Features – 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

Download Key Features – File Validation Utility (FVU) version 4.6

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