TaxPro FVU Features.pdf · TaxPro Key Features – File Validation Utility (FVU) version 5.7 In case of non-availability of PAN of deductee for Form 27EQ, two new fields are

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Key Features – File Validation Utility (FVU) version 5.7 In case of non-availability of PAN of deductee for Form 27EQ, two new fields are

introduced under deductee details which are as below:

Field no. 31) Deductee is Non-Resident (value ‘Y’ or ‘N’ is allowed under this field).

Field no. 32) Deductee is having Permanent Establishment in India (value ‘Y’ or ‘N’ is allowed under this field).

The above referred validations are applicable for Regular and Correction (C3) statements pertaining to FY 2017-18 onwards.

Nature of remittance option present under deductee details for Form 27Q is to be made mandatory from FY 2013-14 onwards.

It will be applicable to correction (C3) and regular statements.

This version of FVU is applicable with effect from January 11, 2018.

Key Features – File Validation Utility (FVU) version 2.153 This version of FVU is applicable with effect from January 11, 2018.

Key Features – File Validation Utility (FVU) version 5.6 o Change in validations for all section codes available for Form 27EQ

Form 27EQ.

mark is only allowed when the values ‘PANAPPLIED’, ‘PANINVALID’ or ‘PANNOTAVBL’ are present in the field ‘PAN of Deductee’.

debited”.

are applicable for Regular and Correction statements pertaining to FY 2017-18 onwards. o Addition of new field i.e. “Goods and Service Tax Number (GSTN)” under Batch Header (BH) of TDS/TCS statement

-numeric value.

value. Please provide valid 15 digit GSTN”

forms and FYs. o State code of employer made mandatory in all correction statements (i.e. all batches of correction statement)

header (BH) field no. 26. o Change in validation for section code “194J - Fees for Professional or Technical Services” for Form 26Q:

lower deduction.

to FY 2017-18 onwards.

This version of FVU is applicable with effect from October 07, 2017.

Key Features – File Validation Utility (FVU) version 2.152 o Addition of new field i.e. “Goods and Service Tax Number (GSTN)” under Batch Header (BH) of TDS/TCS statement

-numeric value.

value. Please provide valid 15 digit GSTN”

t pertains to all forms and FYs. o State code of employer made mandatory in all correction statements (i.e. all batches of correction statement)

header (BH) field no. 26.

This version of FVU is applicable with effect from October 07, 2017.

Key Features – File Validation Utility (FVU) version 5.5 Change in validation for the field “PAN of Lender” for form 24Q-Q4 under Annexure II

(i.e. Salary details) from F.Y. 2016-17 onwards: Existing Validation of structurally valid PAN for field no. 51, 53, 55 and 57 have been relaxed. These fields may contain below mentioned values along with structurally valid PAN, only when PAN of the lender is not available. 1. GOVERNMENT: This is applicable when lenders are Government organizations (i.e. Central or State).

2. NONRESDENT: This is applicable when the lenders are Non-Residents.

3. OTHERVALUE: This is applicable when the lenders are other than Government organization and Non-Residents.

Addition of new section code for Form 26Q.

New section code “194IC – “Payment under specified agreement” has been added for Form 26Q. It is applicable for Regular and C3 type of Correction Statement i.e ‘Update/delete /add deductee details’ pertaining to FY 2017-18 onwards.

Change in validation for section code “194D - Insurance and Commission” for Form 26Q:

1. Remark ‘B’ is made applicable under this section which represents either no deduction or lower deduction.

2. The same is applicable for regular and C3 type of correction Statement pertaining to FY 2017-18 onwards.

Change in validations for section code 206CC (i.e. “Collection at source from Timber obtained by any mode other than a forest lease”) for Form 27EQ.

1. Remark “C” (i.e. for higher rate deduction) is made applicable only for this section.

2. “C” remark is only allowed when the values ‘PANAPPLIED’, ‘PANINVALID’ or ‘PANNOTAVBL’ are present in the field ‘PAN of Deductee’.

3. In such case, total TDS amount has to be 5% or more of in the field “Amount of receipt / debited”.

4. The above referred validations are applicable for Regular and Correction statements pertaining to FY 2017-18 onwards.

Verification of latest FVU version at the time of validation of e-TDS/TCS statement.

1. The Challan Status Inquiry (CSI) file downloaded from TIN website will contain the current FVU version.

2. While validating e-TDS/TCS statement through RPU, verification of FVU versions (i.e. the FVU version present in the CSI file and the version of FVU used for validation) will take place and in case of mismatch, the FVU will not allow user to validate the file and will display an error message ‘This is old FVU version, please use the latest FVU version available at www.tin-nsdl.com and validate the file. File Validated with old FVU version will not be accepted’.

Key Features – File Validation Utility (FVU) version 2.151

Verification of latest FVU version at the time of validation of e-TDS/TCS statement.

1. The Challan Status Inquiry (CSI) file downloaded from TIN website will contain the current FVU version.

2. While validating e-TDS/TCS statement through RPU, verification of FVU versions (i.e. the FVU version present in the CSI file and the version of FVU used for validation) will take place and in case of mismatch, the FVU will not allow user to validate the file and will display an error message ‘This is old FVU version, please use the latest FVU version available at www.tin-nsdl.com and validate the file. File Validated with old FVU version will not be accepted’.

16, 2017.

Key Features – File Validation Utility (FVU) version 5.4 Validation for “PAN of Landlord” field has been revised for form 24Q-Q4 under

Annexure II (i.e. Salary details) from F.Y. 2016-17 onwards. Existing Validation of structurally valid PAN (for field no. 41, 43, 45 and 47 as per data structure) has been relaxed. These fields may contain any value from the below mentioned when the landlord does not have PAN. 1. GOVERNMENT: This is applicable when landlords are Government organizations (i.e. Central or State).

2. NONRESDENT: This is applicable when the landlords are Non-Residents.

3. OTHERVALUE: This is applicable when the landlords are other than Government organization and Non-Residents.

Validation for non-update of Deductee/Collectee records from Annexure I and Annexure ll in TDS/TCS correction statements when Form 26A/27BA has been generated.

has been generated at Income Tax Department where update will not be allowed on certain fields in Annexure I of Form 24Q, 26Q and 27EQ while submitting correction statement. The certain fields are as below:- (1) PAN of Deductee/Collectee

(2) Amount of Payment/Credit

(3) Total tax Deducted (Tax + Surcharge + Education cess)

(4) Section code

where no update or deletion of record will be allowed in Annexure ll of Form 24Q while submitting correction statement.

the TDS/TCS consolidated file with a flag value ‘F’ against the field ‘Mode’ as per specified file format.

-08 onwards.

-TDS/TCS correction statements received with the changes not desired as per above, will be rejected at TDS CPC of Income Tax Department.

statements pertaining to FY 2010-11 onwards) and FVU version 2.150 (applicable for TDS/TCS statements from FY 2007-08 up to FY 2009-10).

Key Features – File Validation Utility (FVU) version 2.150 Validation for non-update of Deductee/Collectee records from Annexure I and

Annexure ll in TDS/TCS correction statements when Form 26A/27BA has been generated.

Department where update will not be allowed on certain fields in Annexure I of Form 24Q, 26Q and 27EQ while submitting correction statement. The certain fields are as below:- (1) PAN of Deductee/Collectee

(2) Amount of Payment/Credit

(3) Total tax Deducted (Tax + Surcharge + Education cess)

(4) Section code

A has been generated at Income Tax Department where no update or deletion of record will be allowed in Annexure ll of Form 24Q while submitting correction statement.

flag value ‘F’ against the field ‘Mode’ as per specified file format.

-08 onwards.

-TDS/TCS correction statements received with the changes not desired as per above, will be rejected at TDS CPC of Income Tax Department.

Key Features – File Validation Utility (FVU) version 5.3 Newly added fields for Form 27Q i.e. ‘Email ID of deductee’, ‘Contact number of

deductee’, ‘Address of deductee in country of residence’ & ‘Tax Identification Number /Unique identification number of deductee’ are to be made mandatory only for below mentioned nature of remittances.

- Interest payment

- Royalty

- Fees for technical services/ fees for included services

- Short term capital gains

- Long term capital gains

Change in the encryption certificate present in the FVUs.

Since existing encryption certificate present in FVUs is expiring on November 30, 2016, newly procured encryption certificate by NSDL e-Gov. will be incorporated in FVUs.

This version of FVU is applicable with effect from November 26, 2016.

Key Features – File Validation Utility (FVU) version 2.149 Change in the encryption certificate present in the FVUs.

Since existing encryption certificate present in FVUs is expiring on November 30, 2016, newly procured encryption certificate by NSDL e-Gov. will be incorporated in FVUs.

This version of FVU is applicable with effect from November 26, 2016.


Addition of new fields for Form 24Q-Q4 under Annexure ll (i.e. salary details) as below:

1. Aggregate rent payment exceeds rupees one lakh during the previous year:

- The above is applicable for regular as well as correction statements pertaining to FY 2016-17 onwards.

- If the rent payment exceeds rupees one lakh, in such case, flag value ‘Yes’ is to be mentioned under the above referred field, else flag value ‘No’ is to be mentioned.

- If the flag value is ‘Yes’, in such case, PAN and Name of the landlord is to be mandatorily mentioned. The details (i.e. PAN and Name) of maximum to four landlords can be mentioned.

2. Deduction of interest under the head ‘Income from house property’ (which is paid to the lender):


- If the interest is paid to the lender, in such case, flag value ‘Yes’ is to be mentioned under the above referred field, else flag value ‘No’ is to be mentioned.

- If the flag value is ‘Yes’, in such case, PAN and Name of the lender is to be mandatorily mentioned. The details (i.e. PAN and Name) of maximum to four lenders can be mentioned.

3. Deduction of tax from contributions paid by the trustees of an approved superannuation fund:


- If the contribution is paid by the trustee, in such case, flag value ‘Yes’ is to be mentioned under the above referred field, else flag value ‘No’ is to be mentioned.

- If the flag value is ‘Yes’, in such case, below fields are applicable and values in all these fields is to be mandatorily mentioned.

Name of the superannuation fund

Date from which the employee has contributed to the superannuation fund

Date to which the employee has contributed to the superannuation fund

The amount of contribution repaid on account of principal and interest

The average rate of deduction of tax during the preceding three years

The amount of tax deducted on repayment

Gross total income including contribution repaid on account of principal and interest from superannuation fund.

Addition of new fields for Form 27Q under Annexure l (i.e. deductee details) as below:

1. The following new fields have been incorporated:

he deductee

2. The above is applicable for regular as well as correction statements pertaining to FY 2016-17 onwards.

3. The values in all the above new fields will be mandatory, if all the below conditions are fulfilled else the values in these fields are optional.

PANINVALID or PANAPPLIED or PANNOTAVBL and

record is less than 20% and

Changes in Form 27A generated from File Validation Utility. The Quarter of the statement is made available in Form 27A as generated from FVU. Example: if the statement is validated from FVU pertaining to FY 2016-17 of the second quarter (i.e. July 1, 2016 to September 30, 2016), in such case, Form 27A will have the following statement ‘Form for furnishing information with the statement of Deduction / collection of tax at source (tick whichever is applicable) filed on computer media for the period Q2’

This version of FVU is applicable with effect from September 17, 2016.


Changes in Form 27A generated from File Validation Utility.

The Quarter of the statement is made available in Form 27A as generated from FVU. Example: if the statement is validated from FVU pertaining to FY 2016-17 of the second quarter (i.e. July 1, 2016 to September 30, 2016), in such case, Form 27A will have the following statement ‘Form for furnishing information with the statement of Deduction / collection of tax at source (tick whichever is applicable) filed on computer media for the period Q2’

This version of FVU is applicable with effect from September 17, 2016

Key Features – File Validation Utility (FVU) version 5.1 I. 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.

II. New nature of collection codes 206CL (Sale of Motor vehicle), 206CM (Sale in cash of any goods (other than bullion/jewelry)) and 206CN (Providing of any services (other than Ch-XVII-B)) has been added under list of collection codes available under Form 27EQ.

III. This version of FVU is applicable with effect from June 28, 2016.

Key Features – File Validation Utility (FVU) version 2.147 I. 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.

II. New nature of collection codes 206CL (Sale of Motor vehicle), 206CM (Sale in cash of any goods (other than bullion/jewelry)) and 206CN (Providing of any services (other than Ch-XVII-B)) has been added under list of collection codes available under Form 27EQ.

III. This version of FVU is applicable with effect from June 28, 2016.

Key Features – File Validation Utility (FVU) version 5.0 Remark ‘B’ is made applicable for Section code 192A (Payment of accumulated

balance due to an employee) for Form 26Q.

New Section code 194IA (Payment on transfer of certain immovable property other than agricultural land) has been added under list of sections available under Form 26Q.

Incorporation of TAN and TAN name in the Challan Status Inquiry (i.e. .CSI) file and verification with the TDS/TCS statement during the time of validation through the FVU. TAN: In case, the TAN of the Deductor/Collector as per .CSI file does not match with the TAN as per the TDS/TCS statement, FVU will reject the TDS/TCS file and appropriate error message (Mismatch in present in the statement and .CSI file imported, kindly provide valid TAN) will be displayed to the user on validating the file through FVU. TAN Name: In case, the TAN Name (i.e. Name of Deductor/Collector) as per .CSI file does not match with the name as per the TDS/TCS statement, FVU will generate a displayed popup message as “Name of deductor in the statement should exactly match the Name of deductor as per TAN Master Database of ITD.”

Mandatory to mention Email ID and mobile number of deductor/collector and responsible person in TDS/TCS Statement. One of e-mail ids of Deductor/Collector or responsible person is required to be provided in the statement. The value in the field ‘Mobile Number of responsible person’ is mandatory.

Change of State name from “ORISSA” to “ODISHA”.

This version of FVU is applicable with effect from April 13, 2016.


Incorporation of TAN and TAN name in the Challan Status Inquiry (i.e. .CSI) file and verification with the TDS/TCS statement during the time of validation through the FVU TAN: In case, the TAN of the Deductor/Collector as per .CSI file does not match with the TAN as per the TDS/TCS statement, FVU will reject the TDS/TCS file and appropriate error message (Mismatch in present in the statement and .CSI file imported, kindly provide valid TAN) will be displayed to the user on validating the file through FVU. TAN Name: In case, the TAN Name (i.e. Name of Deductor/Collector) as per .CSI file does not match with the name as per the TDS/TCS statement, FVU will generate a displayed popup message as “Name of deductor in the statement should exactly match the Name of deductor as per TAN Master Database of ITD.”

Mandatory to mention Email IDs of deductor/collector and responsible person in TDS/TCS Statement. One of e-mail ids of Deductor/Collector or responsible person is required to be provided in the statement.

Change of State name from “ORISSA” to “ODISHA”.

This version of FVU is applicable with effect from April 13, 2016.


Remark ‘B’ is made applicable for Section code 194DA for Form 26Q, FY 2015-16, Q3 onwards.

Addition of challan (i.e. C9 correction) in correction statements:

As directed by Income Tax Department (ITD), addition of challan option (i.e. is C9 correction) has been made available for Central (i.e. deductor category ‘A’) and State Government (i.e. deductor category ‘S’), applicable only for statements pertaining up to FY 2012-13.

Mandatory to quote “Certificate number” for Form 26Q where the remark value selected as ‘B’:

o Applicable for statements which pertains to FY 2015-16, Q3 onwards.

o 10 digit alpha numeric value will be allowed under this field wherein first digit should be either ‘G’ (in case of 15G) or ‘H’ (in case of 15H) followed by 9 digit numeric value (For example, “G000000001” or “H000000001”).


Addition of challan (i.e. C9 correction) in correction statements: As directed by Income Tax Department (ITD), addition of challan option (i.e. is C9 correction) has been made available for Central (i.e. deductor category ‘A’) and State Government (i.e. deductor category ‘S’), applicable only for statements pertaining up to FY 2012-13.

e with effect from December 19, 2015.


Section code 192A: In addition to Form no. 26Q, this section will also be applicable for Form no. 27Q where the date of payment to deductee is on or after 01/06/2015.

Discontinuation of C9 Correction Statements: As directed by Income Tax Department (ITD), C9 correction i.e. addition of new Challans in Correction Statement(s) has been discontinued.

Removal of nature of remittance (applicable only in case of Form no. 27Q): As directed by ITD, below mentioned nature of remittances has been removed from the list.

Commission

Payments to sports person & artists

Winning from horse races

Winning from lotteries, crossword puzzles, card games and other games of any sort


Discontinuation of C9 Correction Statements: As directed by Income Tax Department (ITD), C9 correction i.e. addition of new Challans in Correction Statement(s) has been discontinued.

Key Features – 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).


ductee details (Annexure I) will be applicable from Q3 of FY 2009-10 onwards. (Said validation will be applicable only for Form 26Q).

Annexure I). ersion of FVU will be applicable with effect from June 20, 2015

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

Key features of FVU version 4.5 Incorporation of section 194LBA: o Section 194LBA is applicable for Form no. 26Q and 27Q

o Section 194LBA is applicable for statements pertaining to Q3 of FY 2014-15 onwards.

o Section code to be quoted in the TDS statement for section 194LBA is 4BA Incorporation of section 194DA: o Section 194DA is applicable for Form no. 26Q only

o Section 194DA is applicable for statements pertaining to Q3 of FY 2014-15 onwards.

o Section code to be quoted in the TDS statement for section 194DA is 4DA Key feature of FVU version 4.4 Lower/ Non-deduction Certificate number issued by Assessing Officer (in deductee details): Length of field “Certificate number issued by the Assessing Officer u/s 197 for non-deduction/lower deduction” under deductee details (i.e. in Annexure I) has been restricted to 10 digits. Certificate number to be quoted only in case of lower deduction/no deduction. This validation is applicable to regular and correction (C3 & C9) statements pertaining to FY 2013-14 and onwards.

Amount paid/ credited (in deductee details): Value in field “Amount paid/ Credited” to the deductee in case of Form no. 24Q should be less than or equal to 999999999.00. This validation is applicable to regular and correction (C3 & C9) statements pertaining to all FYs.

Total Taxable income (in salary details – Annexure II): Value in field “Total Taxable Income” to the deductee in case of Form no. 24Q-Q4 should be less than or equal to 999999999.00. This validation is applicable to regular and C4 correction statements pertaining to all FYs.

Deductee reference number and Employee serial number (in deductee details): It is mandatory to quote in the field “Deductee reference no.” (In case of Form no. 26Q) and “Employee serial no.” (In case of Form no. 24Q), where PAN of the deductee is invalid. This validation is applicable to regular and correction (C3 & C9) statements pertaining to all FYs.

Total tax deducted amount (in deductee details): In case of Form no. 24Q, value quoted in field “Total Tax deducted amount” should be less than or equal to value quoted in field “Amount paid/ credited” under deductee details. This validation is applicable to regular and correction (C3 & C9) statements pertaining to all FYs.

Accounts Office Identification Number (AIN): It is mandatory to quote the AIN in case of Form no. 24Q and 26Q for deductor category “Central Government” & “State Government”. This validation is applicable to regular and correction (C1 & C2, C3 (if deductor details are updated)) statements pertaining to FY 2013-14 onwards.

Collection code “J” (Sale of certain Minerals) and “K” (Cash case of Bullion and Jewellary): Collection code “J” and “K” is applicable only for TCS (Form no. 27EQ) regular and C9 correction statements pertaining to Q2 of FY 2012-13 onwards.

Remarks for higher deduction (in deductee details): Remarks for higher deduction in deductee details i.e., flag “C” to be mentioned only if the deductee PAN is structurally invalid. This validation is applicable to regular statement and correction (C3 & C9) statements pertaining to FY 2010-11 onwards:

Country name (in deductee details): In case of Form no. 27Q, the country name “MEXICO” has been updated to “UNITED MEXICAN STATES”. This change is applicable to regular and correction (C3 & C9) statements pertaining to FY 2013-14 onwards.

Applicability of FVU version: From September 23, 2014, FVU version 4.4 would be mandatory for statements pertain to FY

2010-11 onwards.

Key feature of FVU version 2.140 Amount paid/ credited (in deductee details): Value in field “Amount paid/ Credited” to the deductee in case of Form no. 24Q should be less than or equal to 999999999.00. This validation is applicable to regular and correction (C3 & C9) statements pertaining to all FYs.

Total Taxable income (in salary details – Annexure II): Value in field “Total Taxable Income” to the deductee in case of Form no. 24Q-Q4 should be less than or equal to 999999999.00. This validation is applicable to regular and C4 correction statements pertaining to all FYs.

Deductee reference number and Employee serial number (in deductee details): It is mandatory to quote in the field “Deductee reference no.” (In case of Form no. 26Q) and “Employee serial no.” (In case of Form no. 24Q), where PAN of the deductee is invalid. This validation is applicable to regular and correction (C3 & C9) statements pertaining to all FYs.

Total tax deducted amount (in deductee details): In case of Form no. 24Q, value quoted in field “Total Tax deducted amount” should be less than or equal to value quoted in field “Amount paid/ credited” under deductee details. This validation is applicable to regular and correction (C3 & C9) statements pertaining to all FYs.

Applicability of FVU version: From September 23, 2014, FVU version 2.140 would be mandatory for statements pertain to FY

2007-08 to FY 2009-10.

Key feature of FVU version 4.3

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.


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 2.139 would be mandatory for statements pertain to FY 2007-08 to FY 2009-10.


Deletion of deductee record: Feature to delete the deductee record has been

discontinued. In case the user wishes to nullify a deductee record/ transaction, he is

required to update the amount and related fields to “0” (zero) and add new record with

updated values.

Date of deduction: Date of deduction in deductee record should not be that of previous

quarter. Example if the statement pertains to Q3 of FY 2013-14, then the date of

deduction should not be lower than 01/10/2013.

Generation of Form 27A: New feature has been enabled wherein Form 27A is generated

on validation of statement by TDS/TCS FVU.

Applicability of FVU version: FVU version 4.0 and 4.1 are applicable upto January 03,

2014 and from January 04, 2014 FVU version 4.1 would be mandatory.


Deletion of deductee record: Feature to delete the deductee record has been discontinued. In case the user wishes to nullify a deductee record/ transaction, he is required to update the amount and related fields to “0” (zero) and add new record with updated values.

Date of deduction: Date of deduction in deductee record should not be that of previous quarter. Example if the statement pertains to Q2 of FY 2009-10, then the date of deduction should not be lower than 01/10/2009.

Generation of Form 27A: New feature has been enabled wherein Form 27A is generated on validation of statement by TDS/TCS FVU.

Applicability of FVU version: FVU version 2.136 and 2.137 are applicable upto January 03, 2014 and from January 04, 2014 it would be mandatory to validate the TDS/TCS statements using FVU version 2.137.


Change in validation of Section code 194LC:

o Section code 194LC will be applicable only for deductor category (as per the

statement) “Company” and “Branch of Company”.

o This validation will apply for regular and correction statements.

Incorporation of new section code 194LD: This Section code will be applicable for:

o Regular and correction statements pertaining to FY 2013-14 and onwards.

o Statement pertaining to Form no. 27Q.

Nil challans/transfer vouchers with deductee record: Validation as below will be

applicable:

o Nil challans/transfer vouchers need to mandatorily have deductee records.

o In deductee records, flag in the remarks for lower or non-deduction should be

“A”, “B”, “Y”, “S”, “T” or “Z” (as applicable).


Last provisional receipt number to be quoted in regular TDS/TCS statements:

Deductors are require to mandatorily quote the last accepted provisional receipt

number of the regular quarterly TDS/TCS statement.

Date of deposit of Non-nil Challan: Validation for Date of deposit of non-nil challan has

been relaxed. This date can pertain to immediate previous financial year of the

statement.

FVU version 3.9 and 4.0 are applicable upto September 30, 2013. Further, FVU version

4.0 would be mandatory from October 01, 2013.

Key features 2.136

Nil challans/transfer vouchers with deductee record: Validation as below is applicable:

o Nil challans/transfer vouchers need to mandatorily have deductee records.

o In deductee records, flag in the remarks for lower or non-deduction should be

“A” or “B” (as applicable).


Last provisional receipt number to be quoted in regular TDS/TCS statements:

Deductors are require to mandatorily quote the last accepted provisional receipt

number of the regular quarterly TDS/TCS statement.

Date of deposit of Non-nil Challan: Validation for Date of deposit of non-nil challan has

been relaxed. This date can pertain to immediate previous financial year of the

statement.

FVU Version 2.135 and 2.136 are applicable upto September 30, 2013. Further, FVU

version 2.136 would be mandatory from October 01, 2013.


Change in validation of quarterly TDS/TCS statements are as below:

o Book entry flag should not be provided in the challan details for nil challan\nil

transfer voucher for all the financial years.

o In the salary details (Form 24Q Q4 – Annexure II), if PAN provided is invalid (i.e.

PANNOTAVBL, PANAPPLIED & PANINVALID), then the flag in the column

“Whether tax deducted at higher rate” mandatorily needs to be “Yes” for TDS

statements pertaining to FY 2013-14 onwards.

o Mandatory to mention at deductee details “Country of Residence of the

deductee” in TDS statement (Form no. 27Q only – Regular and Correction)

pertaining to FY 2013-14 onwards.

Change in name of the field of as below:

o In the deductee details (Form 27Q – Annexure I), name of the field “Country to

which Remittance made” has been changed to “Country of Residence of the

Deductee”.

o In the deductee details (Form 24Q – Annexure I), name of the field “Taxable

amount of which tax deducted” has been changed to “Amount paid/Credited”.

FVU version 3.8 and 3.9 are applicable upto August 31, 2013. Further, FVU version 3.9

would be mandatory from September 01, 2013.

Key features 2.135

Change in validation of quarterly TDS/TCS statement wherein “Book entry flag” should

not be provided in the challan details in case of nil challan\nil transfer voucher.

Change in name of the field of as below:

o In the deductee details (Form 27Q – Annexure I), name of the field “Country to

which Remittance made” has been changed to “Country of Residence of the

Deductee”.

o In the deductee details (Form 24Q – Annexure I), name of the field “Taxable

amount of which tax deducted” has been changed to “Amount paid/Credited”.

FVU Version 2.134 and 2.135 are applicable upto August 31, 2013. Further, FVU Version

2.135 would be mandatory from September 01, 2013.


Change in data structure of quarterly TDS/TCS statement pertaining to FY 2013-14

onwards as below:

o Alternate contact details like e-mail and contact no. of the deductor and

responsible person may be provided.

o Quoting of TAN registration no. (if any) as provided by TIN.

o Minor head code is to be provided in challan details.

o Late fee is to be provided in challan details applicable from FY 2012-13 onwards.

o No details to be provided for cheque no. and section code in the challan details.

o Section code to be provided in deductee/collectee details.

o Introduction of new section code Form no. 24Q: Section 92C has been added

which is applicable in case payment is made to Union Govt. employees.

o Section 194I has been bifurcated as below:

Select value 4IA from the section code drop down where tax has been

deducted under section 194I (a)

Select value 4IB from the section code drop down where tax has been

deducted under section 194I (b)

o Lower/ No deduction certificate no. to be provided in the deductee details.

o In the annual salary details (24Q, Q4 – Annexure II) break up to be provided for

the salary paid and the tax deducted by the current employer and previous

employer during the current Financial Year.

o Introduction of fields for quoting foreign remittance details in Form no. 27Q as

below

Nature of remittance

Whether TDS rate of TDS is IT act (a) and DTAA (b)

Unique acknowledgement of the corresponding form no 15CA (if

available)

Country to which remittance is made

o Introduction of value “Z” in the field Remarks for lower or no deduction.

Applicable in case of no deduction on account of payment under section 197A

(1F).

o In the annual salary details (24Q Q4 – Annexure II) records to be highlighted

whether the tax has been deducted at higher rate.

Discontinuation of “Y” type of correction statement.

FVU version 3.8 is applicable w.e.f 01/07/2013.

Key features 2.134

Key features of FVU 2.134 is as follows:

Addition of filler fields in:

o Deductor details (BH record)

o Challan details (CD record)

o Deductee details (DD record)

o Salary details (SD record). Applicable in case of 24Q, Q4.

Quarterly TDS/TCS statement (regular and correction) can be validated for statements

pertaining to FY 2007-08 onwards.

Discontinuation of “Y” type of correction statement.

FVU version 2.134 is applicable w.e.f 01/07/2013.

Key features of File Validation Utility (FVU) version 3.71

Section 80CCG: Section 80CCG has been incorporated for Form no. 24Q Q4. Section

code 80CCG is applicable for FY 2012-13 onwards.

Section 80CCF: Quoting deduction under section 80CCF has been restricted to FY 2010-

11 and 2011-12.

Relaxation of PAN validation: PAN compliance validation of 85% pertaining to

deductees of section code 206CK (Form no. 27EQ) has been relaxed.

Applicability: FVU version 3.71 is applicable for quarterly TDS/TCS statements

pertaining to FY 2010-11 onwards

FVU version 3.71 will be mandatory w.e.f May 26, 2013. Upto May 25, 2013 FVU version

3.6 and FVU version 3.71 will be applicable.


Section 80CCG: Section 80CCG has been incorporated for Form no. 24Q Q4. Section

code 80CCG is applicable for FY 2012-13 onwards.

Section 80CCF: Quoting deduction under section 80CCF has been restricted to FY 2010-

11 and 2011-12.

Relaxation of PAN validation: PAN compliance validation of 85% pertaining to

deductees of section code 206CK (Form no. 27EQ) has been relaxed.

Applicability: FVU version 3.7 is applicable for quarterly TDS/TCS statements

pertaining to FY 2010-11 onwards

FVU version 3.7 will be mandatory w.e.f May 26, 2013. Upto May 25, 2013 FVU version

3.6 and FVU version 3.7 will be applicable.


Import of challan file (.csi file): Import of challan file downloaded from the TIN website

(Challan Status Inquiry) has been made mandatory at the time of validating the

quarterly TDS/TCS statement, if the TDS/TCS is deposited through challan. This will be

applicable in case of regular statement and for correction statement in the scenarios as

below:

o Update of challan (C2 correction).

o Deductee/ Collectee and corresponding challan is updated (C3 correction).

o Addition of challan (C9 Correction).

Incorporation of sections codes as below:

Section code

Section code to be quoted in Quarterly

TDS/TCS Statement

Applicable to TDS/TCS

statement Form No.

Remarks

194LB 4LB 27Q Applicable from FY 2011-12 onwards

194LC 4LC 27Q Applicable from FY 2012-13 onwards

206CJ J 27EQ Applicable from FY 2012-13 onwards

206CK K 27EQ Applicable from FY 2012-13 onwards

Separate flag “O” has been incorporated for reporting salary details of “Super senior

citizen” (individual above the age of 80 years) at Form no. 24Q. This categorization is

applicable from FY 2011-12 onwards.

Separate flag “S” for categorizing software vendor transaction (as per ITD notification

dated 21/2012) in Non-salary TDS statements (Form 26Q – Section code 194J and 27Q –

Section code 195). This categorization is applicable from FY 2012-13 onwards.

FVU version 3.6 will be mandatory w.e.f October 16, 2012. Up to October 15, 2012 FVU

version 3.5 and FVU version 3.6 will be applicable.


Import of challan file (.csi file): Import of challan file downloaded from the TIN website

(Challan Status Inquiry) has been made mandatory at the time of validating the

quarterly TDS/TCS statement, if the TDS/TCS is deposited through challan. This will be

applicable in case of regular statement and for correction statement in the scenarios as

below:

o Update of challan (C2 correction).

o Deductee/ Collectee and corresponding challan is updated (C3 correction).

o Addition of challan (C9 Correction).

FVU version 2.133 will be mandatory w.e.f October 16, 2012. Up to October 15, 2012 FVU

version 2.132 and FVU version 2.133 will be applicable.


Changes in the structural validations of Book Identification Number (BIN) quoted in

quarterly TDS/TCS statements for TDS/TCS deposits made by Book entry (applicable

only in case of Govt. deductors).

FVU version 3.5 (for quarterly TDS/TCS statements pertaining to FY 2010-11 onwards)

will be applicable from July 01, 2012.


FVU 3.4 will be applicable for quarterly TDS/TCS statements pertaining to FY 2010-11

onwards.

Deductor can now quote the Date of deduction beyond the quarter.

FVU version 3.4 will be applicable with immediate effect.


FVU 2.132 will be applicable for quarterly TDS/TCS statements (regular and correction)

up to FY 2009-10.

Deductor can now quote the Date of deduction beyond the quarter.

FVU 2.132 will be applicable with immediate effect.


FVU 3.3 will be applicable for quarterly TDS/TCS statements pertaining to FY 2010-

11 onwards

Mandatory to quote Book Identification Number - BIN (in case of Regular

statement) for tax deposited by book entry (transfer voucher – applicable only in

case of Govt. Deductors). BIN to contain details as below:

o Seven Digit 24G receipt number (provided on successful acceptance of

Form 24G statement at TIN central system)

o Five digit DDO serial no. (provided for each DDO transaction in Form 24G

statement)

o Date of deposit of Tax

Correction file prepared to contain the “Hash value” as per the consolidated

file, used for preparation of correction statement.

Mandatory to import consolidated file for validating correction statement.

For tax deducted at higher rate, if deductee PAN is valid, update allowed on all

the fields of the deductee record except, higher deduction flag (flag “C”) mentioned

against the corresponding deductee record.

FVU 3.3 will be mandatory with effect from February 01, 2012.

Files validated with FVU 3.2 and 3.3 will be allowed up to January 31, 2012.

Note:

BIN can be obtained by deductor (Drawing and Disbursing Officer) from the

respective Pay and Account Office (PAO) / District Treasure Office (DTO).

BIN can also be downloaded by the DDO under the TAN account login.


FVU 2.131 will be applicable for quarterly TDS/TCS statements (regular and

correction) pertaining up to FY 2009-10.

Correction file prepared to contain the “Hash value” as per the consolidated

file used for preparation of correction statement.

Mandatory to import consolidated file for validating correction statement.

FVU 2.131 will be mandatory with effect from February 01, 2012.

Files validated with FVU 2.130 and 2.131 will be allowed up to January 31,

2012.



11 onwards and will be mandatory w.e.f April 01, 2011.

Mandatory to quote Mobile No. in quarterly TDS/TCS statements for deductor

category other than Central govt. and State Govt.

Provision to quote the deduction under section 80CCF in salary details (applicable for

24Q Q4).

Total deduction under chapter VI A to include:

o Deduction under section 80CCE

o Deduction under section 80CCF

o Deduction under other sections of chapter VI A

‘Surcharge’ amount in salary details (provided annually in Annexure II -- 24Q Q4)

should be less than or equal to ‘Total Taxable Income’.

‘Education cess’ amount in salary details (provided annually in Annexure II -- 24Q

Q4) should be less than or equal to ‘Total Taxable Income’.

‘Net Income tax payable’ amount in salary details (provided annually in Annexure II -

- 24Q Q4) should be less than or equal to ‘Total Taxable Income’.

Guidelines for reporting TDS transactions not exceeding / exceeding

threshold limit in quarterly TDS statements (as issued by Directorate of

Income Tax - Systems).

Below guidelines may be referred, if deductor wishes to report the transaction in the

quarterly TDS statement where no tax is deducted as threshold limit (as per the

provisions of the Income tax Act) of amount paid/credited to deductee has not exceeded

in the initial quarter (s) but has exceeded in subsequent quarter.

1) Flag “Y” may be selected in the field of ‘Reason for non deduction/ lower deduction/

higher deduction’ to highlight transactions where TDS is not deducted as the

threshold for deducting tax has not exceeded.

2) Threshold flag can be quoted only against the following section codes in

corresponding challan details:

193, 194, 194A, 194B, 194BB, 194C, 194D, 194EE, 194G, 194H, 194I, 194J, 194LA

3) Following approach may be referred for reporting threshold transactions in quarterly

statements:

a. In case there is no deduction of tax in the first two quarters of a F.Y. where

the prescribed rate of deduction as per Income Tax Rules is 10%. In the third

quarter the threshold limit exceeds.

Approach 1:

The deductor may report those transactions in the respective quarterly TDS statements

with zero rate of deduction (‘0.0000’), zero tax deducted/ deposited (‘0.00’) and amount

paid in the respective quarters with threshold flag. The deductor will mention the prescribed

rate of deduction, the amount paid in the third quarter, tax deducted/ deposited (deductee)

on the total amount paid till that quarter. The same is represented as follows:

Pertai

ning

to

quarte

r

Repo

rting

Quar

ter

PAN Rate of

deducti

on

Date of

payment*

Amou

nt

paid

(Rs.)

Date

of

deduct

ion

Amount

deducte

d (Rs.)

Amount

deposit

ed (Rs.)

Reason

for non

deducti

on

/lower

deducti

on

Q1 Q1

PAN

1 0 Q1

1,00,0

00 - 0 0

Threshol

d flag Y

present

Q2 Q2

PAN

1 0 Q2

1,00,0

00 - 0 0

Threshol

d flag Y

present

Q3 Q3

PAN

1 30 Q3

1,00,0

00 Q3

30,000.0

0

30,000.0

0

No flag

present

*The deductor must report the actual date of payment irrespective of the manner of

reporting

Approach 2:

The deductor may report all transactions in the quarter in which the threshold has

exceeded, represented as follows:

Pertai

ning

to

quarte

r

Repo

rting

Quar

ter

PAN Rate of

deducti

on

Date of

payment

*

Amou

nt

paid

(Rs.)

Date

of

deduct

ion

Amount

deducte

d (Rs.)

Amount

deposit

ed (Rs.)

Reason

for non

deducti

on

/lower

deducti

on

Q1 Q3

PAN

1 0.0000 Q1

1,00,0

00 - 0 0

Threshol

d flag Y

present

Q2 Q3

PAN

1 0.0000 Q2

1,00,0

00 - 0 0

Threshol

d flag Y

present

Q3 Q3

PAN

1 30.0000 Q3

1,00,0

00 Q3

30,000.0

0

30,000.0

0

No flag

present


reporting

Approach 3:

The deductor may report all transactions in the quarter in which the threshold has

exceeded, represented as follows:

Pertai

ning

to

quarte

r

Repo

rting

Quar

ter

PAN Rate of

deducti

on

Date of

payment

*

Amou

nt

paid

(Rs.)

Date

of

deduct

ion

Amount

deducte

d (Rs.)

Amount

deposit

ed (Rs.)

Reason

for non

deducti

on

/lower

deducti

on

Q1 Q3

PAN

1 10.0000 Q1

1,00,0

00 Q3

10,000.0

0

10,000.0

0

Threshol

d flag Y

present

Q2 Q3

PAN

1 10.0000 Q2

1,00,0

00 Q3

10,000.0

0

10,000.0

0

Threshol

d flag Y

present

Q3 Q3

PAN

1 10.0000 Q3

1,00,0

00 Q3

10,000.0

0

10,000.0

0

No flag

present


reporting

For validating e-TDS/TCS statement (regular and correction) for FY 2010-11 and

onwards refer the table below:

FVU version of e-TDS/TCS

Regular statement

FVU version applicable for

e-TDS/TCS Correction



11 onwards and will be mandatory w.e.f. April 01, 2011.

Mandatory to quote Mobile No. in quarterly TDS/TCS statements for deductor

category other than Central govt. and State Govt.

Provision to quote the deduction under section 80CCF in salary details (applicable for

24Q Q4).

Total deduction under chapter VI A to include:

o Deduction under section 80CCE

o Deduction under section 80CCF

o Deduction under other sections of chapter VI A

‘Surcharge’ amount in salary details (provided annually in Annexure II -- 24Q Q4)

should be less than or equal to ‘Total Taxable Income’.

‘Education cess’ amount in salary details (provided annually in Annexure II -- 24Q

Q4) should be less than or equal to ‘Total Taxable Income’.

‘Net Income tax payable’ amount in salary details (provided annually in Annexure II -

- 24Q Q4) should be less than or equal to ‘Total Taxable Income’.

Highlight transaction where tax has not been deducted as threshold limit is not

exceeded (as per the provisions of Income Tax Act). in the first quarter (s) but in

subsequent quarter has exceeded the threshold limit.

Guidelines for reporting such transactions is as below:

Guidelines for reporting TDS transactions where amount paid to deductee has

not exceeded the threshold limit in the first quarter but in subsequent quarters

has exceeded threshold limit (as issued by the Directorate of Income Tax –

Systems)

4) Flag “Y” should be selected in the field of ‘Reason for non-deduction/ lower

deduction’ to highlight transactions where TDS is not deducted as the threshold for

deducting tax has not exceeded.

submitted statement

FVU version 2.128 FVU version 3.2




5) If threshold flag is provided then rate of deduction should be ‘0.0000’ and tax

deducted/ deposited (deductee) amount should be ‘0.00’.

6) Threshold flag is can be quoted only against the following section codes in

corresponding challan details:

193,194, 194A, 194B, 194BB, 194C, 194D, 194EE, 194G, 194H, 194I, 194J, 194LA

7) Example:

In case there is no deduction of tax in the first two quarters of a F.Y., where

the prescribed rate of deduction as per Income Tax Rules is 10%, the

deductor should report those transactions in the respective quarterly TDS

statements with zero rate of deduction (‘0.0000’), zero tax deducted/

deposited (‘0.00’) and amount paid in the respective quarters with threshold

flag.

In the third quarter the threshold limit exceeds, the deductor will mention the

prescribed rate of deduction, the amount paid in the third quarter, tax

deducted/ deposited (deductee) on the total amount paid till that quarter. The

same is represented as follows:

PAN Rate of

deduction

Amount

paid

(Rs.)

Amount

deducted

(Rs.)

Amount

deposited

(Rs.)

Reason for non deduction /lower

deduction

Q1

PAN1 0 1,00,000 0 0 Threshold flag Y present

Q2

PAN1 0 1,00,000 0 0 Threshold flag Y present

Q3

PAN1 30% 1,00,000 30,000 30,000 No flag present

For validating e-TDS/TCS statement (regular and correction) for FY 2010-11 and onwards

refer the table below:

Key features of File Validation Utility (FVI) version 2.130

Applicable for quarterly e-TDS/TCS statement (regular and correction) up to F.Y.

2009-10

Rupee symbol incorporated for amount fields in FVU statement statistic report.


Regular statement

submitted



statement




For validating e-TDS/TCS statement up to FY 2009-10 refer the table below:

New Features & Enhancement in NSDL File Validation Utility Version 3.0

Key features of FVU 3.0 applicable for e-TDS/TCS statements (regular and

correction) pertaining to F.Y. 2010-11 onwards are:

Allowed to validate statement (regular and correction) pertaining to FY 2010-11 and

onwards only.

Mandatory to quote valid PAN in case TDS is not at higher rate

Valid PAN to be quoted for Lower/No deduction of TDS.

No value to be quoted in PAN reference no. field of deductee details

For TDS/TCS deposited by book entry, 7 digit number generated by TIN for accepted

Form 24G statement to quoted in BSR code field. This value will be provided by the

Accounts Officer to the deductor.

For TDS/TCS deposited by book entry, 5 digit number generated by TIN for DDO

record of accepted Form 24G statement will be quoted in Transfer voucher field. This

value will be provided by the Accounts Officer to the deductor.

Transporter transaction where no deduction has been carried to marked separately

as “T”. Flag “T” to be mentioned in the field for lower or no deduction at deductee

detail.

Remarks for lower/no/higher deduction need to be populated irrespective of

deductee mode (Add/Update/Delete) in case of correction statement.

Field for mobile no. of responsible person has been added.

Any one of the contact details of deductor/collector is mandatory:

o Deductor/collector telephone no. along with STD code

o Responsible person telephone no. along with STD code

o Mobile no. responsible person

Mandatory to quote e-mail id of deductor/collector or responsible person.

For records marked with higher rate only below mentioned fields can be updated:

o PAN

o Amount of payment

o Date of payment

PAN compliance validation is discontinued for Form no. 24Q (95%) and 26Q (85%).

Further for validating e-TDS/TCS statement for FY 2010-11 and onwards refer the

table below:


Regular statement

submitted



statement






Key features of FVU 2.129 applicable for e-TDS/TCS statements (regular and

correction) up to F.Y. 2009-10 are:

Validate statement (regular and correction) only upto FY 2009-10

No changes in the validations for e-TDS/TCS statements upto FY 2009-10 i.e.,

validation of FVU version 2.128.

Further for validating e-TDS/TCS statement upto FY 2009-10 refer the table below:


PAN of Deductor / Collector : Mandatory to mention the PAN of the Deductor / Collector.

If deductor is not required to have a PAN mention PANNOTREQD

Deductor / Collector Type: Deductor categories to be mentioned as like

Central Government, State Government and Company … etc.

State Name:


Regular statement submitted

FVU version applicable

for e-TDS/TCS Correction

statement




Regular statement submitted

FVU version applicable

for e-TDS/TCS Correction

statement




Mandatory for Deductor Type:

1. State Govt.

2. Statutory body - State Govt.,

3. Autonomous body - State Govt. and

4. Local Authority - State Govt.

Other Deductor Type:

No value should be provided.

PAO Code (20 Character): In case PAO Code is not available then mention value “PAOCDNOTAVBL”


1. Central Govt.

Optional for Deductor Type:

1. State Govt.

2. Statutory body - Central Govt.

3. Statutory body - State Govt.

4. Autonomous body - Central Govt.

5. Autonomous body - State Govt.

6. Local Authority - Central Govt. &




DDO Code (20 Character): In case DDO Code is not available then mention value “DDOCDNOTAVBL” Mandatory for Deductor Type:

1. Central Government.


1. State Government


3. Statutory body - State Govt.



6. Local Authority -Central Govt.




Ministry Name:


1. Central Govt.




1. Statutory body - State Govt.,



4. Local Authority -State Govt. For other deductor type no value should be

provided.


No value should be provided

Ministry Name Other: If ministry name “Other” is provided in Ministry Name field then value in Ministry Name

"Other" field should be provided.

PAO Registration No. :


1. Central Govt.

2. State Govt.

3. Statutory Body - Central Govt.

4. Statutory Body - State Govt.







DDO Registration No. :


1. Central Govt.

2. State Govt.

3. Statutory Body - Central Govt.

4. Statutory Body - State Govt.







Transfer Voucher No. :

Applicable only in case of a Government Organization i.e. only if value in field

"Deductor Type" is Central Government or State Government. No value should be

present in this column in case of a NIL Statement or in case of deductor type other than

Central Government or State Government.

Additional File for the Validation i.e. Challan Input File (Optional):

Challan Input Filename (with the .csi extension). File name should not be more than 25

Characters including .csi extension.

Challan file can be downloaded from the NSDL website from the following link

https://tin.tin.nsdl.com/oltas/index.html

https://tin.tin.nsdl.com/oltas/index.html

After opening the above link click on the TAN based View

And enter the TAN and From & To Date for which you want to download the Challan file

(Please check the minimum & maximum date in your Challan details given in your return

to download the file for correct period). Then Click on “Download Challan File”

On selecting this option text file containing Challan details for the selected TAN and

period can be downloaded.

This file should be used to verify the Challan details mentioned in the Quarterly e-

TDS/TCS statement along with the text file generated by s/w during the file validation.

On successful validation of Quarterly e-TDS/TCS statement, FVU will provide the

matching statistic for Challan details mentioned in the e-TDS/TCS statement.

Period selected should be within 15 months.

Challan details of TDS/TCS Payments made for Regular Assessment (Raised by I. T.

Dept. ) will not be present in Challan file downloaded

In case the input file is valid, FVU will generate three files:

• FORM26Q.html - 'TDS/TCS Statement Statistics Report'

• FORM26Q_PAN_Statistics.html - PAN Statistics Report

• FORM26Q.fvu - 'upload file' and

• FORM26Q_Electronic_Statement_Warning_File.html (If any)

FORM26Q.html is a 'TDS/TCS Statement Statistics Report' which is a summary of the e-

TDS/TCS statement successfully validated by the FVU.

In case of a multiple batch correction statement separate Statement Statistic Reports will be

generated for each batch in the same .html file.

FORM26Q_PAN_Statistics.html is a PAN Statistics Report which contains list of deductee

PAN deficiencies like invalid PAN, PAN not available, PAN applied.

PAN Statistics Report will be generated only if value in deductee PAN field is 'PANINVALID',

'PANNOTAVBL' and 'PANAPPLIED'.

FORM26Q.fvu is an 'upload file' generated with the same filename as the 'input file' but with

extension .fvu. Example 'input file' name is FORM26Q.txt, the upload file generated will be

FORM26Q.fvu.

The upload file generated by the FVU (FORM26Q.fvu) is a valid statement containing a value

generated by the FVU which indicates that the statement has been successfully validated

through the FVU.

No modifications should be made in the upload file (.FVU).

Deductor/collectors are advised to match totals and other deductor details (like name, PAN,

TAN, F.Y.,) with physical Form 27A.

Warning file is generated by FVU if:

1. The value in the Bank Branch Code (BSR code) field of Challan in the e-TDS/TCS

statements is not present in the authorized list of collecting Bank Branch Codes in the FVU

and/or

2. If the PAN of the deductor is same as that of any deductee in the e-TDS/TCS statement.

3. If the Challans details of the statement do not match with the details uploaded by the

bank.

This file is generated to give an alert to the deductor about the records in which invalid values

are mentioned.

In case of regular statements the upload file is to be submitted to a TIN-FC in a CD/floppy along

with physical Form 27A or directly to NSDL through the online upload facility at www.tin-

nsdl.com.

In case of correction statements the upload file is to be submitted to a TIN-FC in a CD/floppy

along with following documents:

(1)Statement Statistics Report generated by FVU

(2)Form No.27A

(3)Copy of the provisional receipt of regular statement

Documents

TaxPro FVU Features.pdf · TaxPro Key Features – File Validation Utility (FVU) version 5.7 In case of non-availability of PAN of deductee for Form 27EQ, two new fields are