Current-FVU-Version-for-TDS-Return

Current FVU Version for TDS Return

Current FVU Version is 5.7 for quaterly TDS Return. (Updated from 10/01/2018)

The Key Features of the FVUs are as under-

A. Introduction of two new fields for Form 27EQ.

There are two new fields have been introduced under form 27EQ which are applicable when PAN of the Assessee (i.e. Collectee) is not available with the Filer:

a) New field ‘Collectee is Non- Resident’ with the drop down option having value ‘Y’ (stands for yes) or ‘N’ (stands for No) is to be selected.

b) New field ‘Collectee is havind Permanent Establishment in India’ with the drop down option, having value ‘Y’ or ‘N’. This field is only applicable when the value in the field ‘Collectee is Non Residen’ is ‘Y’ otherwise the field is not applicable.

The above referred validations are applicable for Regular and C3 type of correction (Update/delete/add deductee details’) pertaining to FY 2017-18 onwards.

B. Nature of remittance option present under deductee details for form 27Q is made mandatorily from FY 2013-14 onwards.

a) The nature of remittance field No. 32 under Annexure I (Deductee Details) is mandatory.

b) The above is applicable for Regular and C3 type of correction.