05/01/2016
Due date for filing Quarterly TDS/TCS statement for Q3 of FY 2015-16 is approaching. Do submit the quarterly TDS/TCS statement on or before due dates (as mentioned below) to avoid late filing fee under section 234E of Income Tax Act.
Period
Due Date for Other Deductors/Collectors - 15th January 2016
Due date for Government Deductors/Collectors - 31st January 2016
You are requested to take due diligence with respect new version of Return Preparation Utility (RPU) and File Validation Utility (FVU) in preparing and filing of TDS/TCS Statement(s):
1. For preparation of e-TDS/TCS Regular & Correction Statement(s), Deductors/Collectors may use NSDL e-Gov Return Preparation Utility (RPU) with inbuilt FVU. This is freely downloadable from https://www.tin-nsdl.com/etds-etcs/eTDS-download-regular.php
2. In case you do not use NSDL e-Gov RPU for preparing your quarterly TDS/TCS statement, in such circumstances, you are required to validate the TDS/TCS statement with below mentioned new versions of FVUs available at TIN website (URL: https://www.tin-nsdl.com/etds-etcs/eTDS-download-regular.php for download:
· FVU Version 4.9 for quarterly e-TDS/TCS Statement(s) pertaining to FY 2010-11 onwards
· FVU Version 2.145 for quarterly e-TDS/TCS Statement(s) from FY 2007-08 up to FY 2009-10
3. Key features of new version of RPU and FVU are as given below:-
a. Remark “B” will be applicable for Section code 194DA under deductee details (Annexure I) for regular and correction statements of Form 26Q from Q1of FY 2015-16.
b. Addition of challan (i.e. C9 Correction) in correction statements will be allowed for the deductor category Central and State Government for statements pertaining up to FY 2012-13.
c. Pre-requisites for installation of JAVA RPU will be provided in the RPU.
d. Find option using Ctrl + F command will be available in RPU.
4. Before filing your regular TDS/TCS statement(s), kindly re-verify Form, TAN, Financial Year & Quarter mentioned in your statement(s) and ensure that no Regular Statement has been filed earlier for the Form, TAN, and Financial Year & Quarter mentioned in the TDS/TCS Statement.
5. To avoid last day rush, try to file your TDS/TCS statements on or before due date.
6. Please mention the name and address of the Deductor/Collector as present in TAN allotment /TAN correction letter in the TDS/TCS statement. You can also check the same at www.incometaxindiaefiling.gov.in under the feature “Know your TAN”. Quoting of incorrect Name and/ or address of the deductor/ collector will result in rejection of TDS/TCS statement.
7. In case of any queries / feedback, you may revert to us at [email protected] or Contact the TIN Call Centre at 020-2721 8080.
