New FVU Changes v5.6 [From FY 2010-11] and v2.152 [Till FY 2009-10] – effective from October 7th, 2017.

Following are the rules/validations put up:

  1. Change in section code 194J “Fees for Professional or Technical Services” for Form 26Q:
    • For this section remark “Lower/No deduction on account of business of operation of call center” has been introduced.
    • Same will be applicable for statements pertain to FY 2017-18 onwards for Form 26Q.
    • Same will be applicable for both Regular and correction.

In view of this, when Section 194J is selected, Deduction Remark “Lower/No deduction on account of business of operation of call center” will be available for selection.

  1. Change in validations for all Sections of Form 27EQ.
    • Higher Rate Deduction is to be made applicable for all sections.
    • This remark is only allowed when default PAN values i.e. PANAPPLIED, PANINVALID and PANNOTAVBL are present under PAN Field of deductee record.
    • In such case, Total TDS should be 5% or more of Amount of receipt/debited.
    • Same will be applicable for regular and correction statements pertain to FY 2017-18 onwards.
  1. Addition of new field i.e. “Goods and Services Tax Number (GSTIN)” under Deductor Details. This will be a 15 digit number as registered by your organization and is required in both Regular and Correction eReturns. Structure validation is done. Ensure to quote the right GSTIN.
  1. State Code is to be indicated in all Correction Statements. Application takes care of the same without any user intervention.
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