NSDL came out with FVU version 4.0 and 2.136 on 25th September 2013.
|Date Applicable from||FVU Version|
|From 01st Oct 2013||4.0 & 2.136|
|Till 30th Sept 2013||4.0 & 2.136 and3.9 & 2.135|
Points added/introduced in the new version are:
Nil Challan/ transfer vouchers
Applicable Forms – 24Q, 26Q,27Q, 27EQ
- In case of Nil Challan/ transfer vouchers, it’s now mandatory to update reasons for such non deduction
- Along with entering all the other transaction details one now needs to, also, update either of the following flags “A/B/S/T/Y/Z” in the ‘Reason for Non deduction/Lower deduction’ field
- It needs to be seen how one treats a situation where there are no transactions in a quarter.
Applicable Forms –27Q
- As per Section 194LD, introduced in the Finance Bill 2013, TDS @ 5% needs to be deducted on interest payments for Rupee denominated…
View original post 358 more words