Key Features of File Validation Utility (FVU) version 4.7

Incorporation section code 192A and 194LBB:
“192A” & “194LBB” have been added for below forms which will be applicable for statements pertain to FY 2015-16 & Q1 onwards.

  • Section code 192A will be applicable for Form 26Q.
  • Section code 194LBB will be applicable only for Form 26Q and 27Q.
  • For section code “192A”, select “92D” from the dropdown of section code column in Annexure I sheet.
  • For section code “194LBB”, select “LBB” from the dropdown of section code column in Annexure I sheet.

• Total Tax deducted amount should be equal to Total Tax Deposited under Deductee details (i.e. Annexure I).

• Quoting of lower/non deduction certificate number under Deductee details (Annexure I) will be applicable only for below mentioned Section codes:-
192, 193, 194, 194A, 194C, 194D, 194G, 194H, 194-I, 194J, 194LA, 195 and 206C for the statements pertaining to FY 2013-14 onwards.

• Validations with respect to remark C under deductee details (Annexure I) has been relaxed for section 194LC for the statements pertains to FY 2012-13 onwards (said validation will be applicable only for Form 27Q).

• This version of FVU will be applicable with effect from June 20, 2015.

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