Tuesday, November 22, 2016

New Version for TDS Returns and New Features added

New versions of e-TDS/TCS Return Preparation Utility (RPU) and File Validation Utilities (FVUs) will be made available at TIN website applicable from November 26, 2016 at the following URL
ttps://www.tin-nsdl.com/etds-etcs/eTDS-download-regular.php.

1.       RPU Version 1.8 (Java based):
This is used for preparing and validating e-TDS/TCS Statement(s) and also contains inbuilt FVUs.
2.       FVU Version 5.3:
Applicable for quarterly e-TDS/TCS Statement(s) pertaining to FY 2010-11 onwards.
3.       FVU Version 2.149:
Applicable for quarterly e-TDS/TCS Statement(s) from FY 2007-08 up-to FY 2009-10.
Key features of new version of RPU and FVUs are as given below:-  
Newly added fields for Form 27Q
1.       Email ID of deductee
2.       Contact number of deductee
3.       Address of deductee in country of residence & ‘Tax Identification Number /Unique identification number of deductee

The above Particulars  are applicable only for below mentioned nature of remittances
1.        Interest payment
2.       Royalty
3.        Fees for technical services/ fees for included services
4.        Short term capital gains
5.       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, newly procured encryption certificate by NSDL e-Gov. will be incorporated in FVUs.