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New TDS/TCS RPU and FVU versions released

Posted on 29 June 2016,    
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Due date for filing Quarterly TDS/TCS statement for Q1(April to June) of FY 2016-17 is July 31, 2016 for all the categories of Deductors/Collectors. Do submit quarterly TDS/TCS statement on or before due date to avoid late filing fee under section 234E of Income Tax Act.

In order to locate the nearest TIN Facilitation Centers (TIN-FC) for furnishing of quarterly TDS/TCS statement(s), please click here https://www.tin-nsdl.com/tin-facilities.php

New versions of e-TDS/TCS Return Preparation Utility (RPU) and File Validation Utilities (FVUs) have been made available at TIN website applicable from June28, 2016 at the following URL https://www.tin-nsdl.com/etds-etcs/eTDS-download-regular.php. These RPU and FVUs are freely downloadable utilities and can be used for preparation of e-TDS/TCS statement(s) pertains to Financial Year 2007-08 onwards.  

RPU Version 1.6 (Java based ): This is used for preparing and validating e-TDS/TCS Statement(s) and also contains inbuilt FVUs.

FVU Version 5.1 : Applicable for quarterly e-TDS/TCS Statement(s) pertaining to FY 2010-11 onwards.

FVU Version 2.147 : Applicable for quarterly e-TDS/TCS Statement(s) from FY 2007-08 upto FY 2009-10.

Key features of new version of RPU and FVUs are as given below:-

1. Addition of new section codes applicable for Financial Year 2016-17 onwards for statements pertaining to Form 26Q, 27Q and 27EQ (Regular and Correction):

a. Section Code 194LBC (Income in respect of investment in securitization trust):

  • This section code is applicable for Form 26Q and 27Q.
  • The value to be quoted in TDS/TCS statement is ‘LBC’.

b. Section Code 206CL (Tax Collection at Source (TCS) on sale of Motor vehicle):

  • This section code is applicable for Form 27EQ.
  • The value to be quoted in TDS/TCS statement is ‘L’​

c.  Section Code 206CM (TCS on sale in cash of any goods other than bullion/Jewellery):

  • This section code is applicable for Form 27EQ.
  • The value to be quoted in TDS/TCS statement is ‘M’​

d. Section Code 206CN (TCS on providing of any services other than Chapter-XVII-B):

  • This section code is applicable for Form 27EQ.
  • The value to be quoted in TDS/TCS statement is ‘N’.
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