New Version of TDS FVU 4.5 & FVU 2.141) Whats New

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On
December 20, 2014, NSDL has released the new version of File
Validation Utilities (FVU version 4.5 and FVU version 2.141) for quarterly
eTDS/TCS statement.
FVU version 4.5 – For Statements pertaining to
FY 2010-11 onwards.
FVU version 2.141 – For Statements upto FY 2009-10.


Key
features of FVU version 4.5 has been given below:
Incorporation
of section 194LBA:
· Section 194LBA is applicable for Form no. 26Q and 27Q
·  Section 194LBA is applicable for statements pertaining
to Q3 of FY 2014-15 onwards.
·  Section code to be quoted in the TDS statement for
section 194LBA is 4BA
Incorporation
of section 194DA:
·  Section 194DA is applicable for Form no. 26Q only
·  Section 194DA is applicable for statements pertaining
to Q3 of FY 2014-15 onwards.
·  Section code to be quoted in the TDS statement for
section 194DA is 4DA

As the due date of filing of quarterly TDS statement
for Q3 of FY 2014-15 is approaching fast, deductors are advised to prepare and
file TDS returns on time to avoid late filing fees and penalty.
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