FVU 5.0 for validation of e-TDS/TCS returns in the Indian version of Microsoft Dynamics AX

This Current FVU Version is 5.0 for quarterly TDS returns.

The Key Features of the FVU 5.0 are as below:
Except point "D" all other changes listed below will have no impact as either configurable or compliant in the application.

A. Remark 'B' is made applicable for Section code 192A (Payment of accumulated balance due to an employee) for Form 26Q.

i. The above is applicable for regular as well as correction statements.

ii. The section code is denoted as '2AA' in the .txt file.



B. New Section code 194IA (Payment on transfer of certain immovable property other than agricultural land. i.e. TDS on sale of property) has been added under list of sections available for Form 26Q.

i. The above is applicable only for regular and correction statements (C3) of Form 26Q pertaining to FY 2013-14 onwards.

ii. The section code for the same to be populated under .txt file is "9IA".



C. Mandatory to mention Email ID and mobile number of responsible person in TDS/TCS Statement.

i. One of e-mail IDs of Deductor/Collector or Responsible person is required to be provided in the statement.

ii. The value in the field 'Mobile Number of responsible person' is mandatory.



D. Only blank values, special characters, dots or spaces (for example `~! @#$ %^&*() _+,. /? ;:’”[{]}\|) are not allowed for below fields of Batch Header in the FVU file.

i. The values as referred above are not allowed in the fields referred in the table below, in case, Deductor/Collector enters such values in the file prepared by them, FVU will generate relevant error message.

ii. Deductor/Collector should mention the correct values in the below fields as per the specified file format:



iii. Similarly, only special characters are not allowed in the address fields of Deductor/Collector and Responsible person.



E. Incorporation of TAN and TAN name in the Challan Status Inquiry (i.e. .CSI) file and verification with the TDS/TCS statement during the time of validation through the FVU.

i. TAN: In case, the TAN of the Deductor/Collector as per CSI file does not match with the TAN as per the TDS/TCS statement, FVU will reject the TDS/TCS file and appropriate error message "TAN of deductor in statement does not match the TAN in CSI file" will be displayed to you at the time of validating the file through FVU.

ii. TAN Name: In case, the TAN Name (for example, Name of Deductor/Collector) as per CSI file does not match with the name as per the TDS/TCS statement, FVU will generate a popup message "Name of Deductor in the statement should exactly match the Name of deductor as per TAN Master Database of Income Tax Department".



F. Change of State name from "ORISSA" to "ODISHA".

i. Change of State name from "ORISSA" to "ODISHA" has been incorporated in the versions of FVU.