TDS ANUXURE 11 CORRECTION ERROR

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This discussion addresses a correction error in TDS Annexure 11, specifically for the financial year 2023/24 onwards. It clarifies that for employees under the new tax regime, if the value for 'Other special allowances under section 10(14)' is NIL, the system must pass '0.00' to the FVU. This ensures compliance for the applicable tax periods.

19 June 2024 T_FV_6351 Applicable and Mandatory For Financial Year 202324 onwards 'Other special allowances under section 10(14)'.


19 June 2024 For employees under New Tax regime For cases where value u/s 10(14) is NIL, the value ‘0.00’ needs to be passed to the FVU.

30 August 2024 Good luck.


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