With the latest changes, NSDL has released a new update for File Validation Utility for TDS Returns. From February 01, 2012 this new utility will come into force and all TDS returns prepared and submitted after this date have to be validated using this new version of file validation utility i.e. FVU version 3.3
SureTDS has been duly updated to comply with the necessary changes related to FVU version 3.3. As soon as you start SureTDS, the update available on our servers will be downloaded to ensure that your software gets automatically updated before you start preparing your new regular / revised returns.
Key features of File Validation Utility (FVU) version 3.3 are as under:
- FVU 3.3 will be applicable for quarterly TDS/TCS statements pertaining to FY 2010-11 onwards
- Mandatory to import consolidated file for validating correction statement.
- Correction file prepared to contain the “Hash value” as per the consolidated file, used for preparation of correction statement.
- Files validated with FVU 3.2 will not be accepted after January 31, 2012.
- In case of Govt. Deductors, 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:
- Seven digit 24G receipt number (provided on successful acceptance of Form 24G statement at TIN central system)
- Five digit DDO serial no. (provided for each DDO transaction in Form 24G statement)
- Date of deposit of Tax
- 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.
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.
