Whats New
Whats New
Whats New
Greetings,
Important Note:
NSDL has released new FVU v4.8 (from FY 2010-11) and v2.144 (till FY 2009-10).
As such, if Saral TDS identifies that there are C9 type of records, it will prompt you to take corrective action by removing such records.
For genuine concern if you need to add new challan, login to TRACES portal.
Make use of Online Correction facility, i.e., Request for Correction option.
After creating the challan online, request and download the Conso File. Saral TDS is enhanced to import the Conso file along with the new challan.
At the stage of Final Update, you will be prompted to identify the online challan.
New FVU Changes v4.8 [From FY 2010-11] and v2.144 [Till FY 2009-10]
Change in section 192A:
o In addition to Form 26Q, this section will also be applicable for Form 27Q where the date of payment to deductee is on or after 01/06/2015.
o Further, the code i.e. the value to be quoted in TDS/TCS statement for the said section has been changed from “92D” to “2AA”.
Increase in the limit for “Total taxable income” in Salary details : The existing limit of taxable income has been increased from 999999999.00 to
9999999999.00
In Correction,
o Addition of new Challans in Correction Statement(s) has been discontinued.
o New Challan Addition can be done in TRACES Deductor Login, using online correction.
Disabling nature of Remittance: Below list has been excluded from the Nature of remittance.
o Commission
o Payments to sports person & artists
o Winning from horse races
o Winning from lotteries, crossword puzzles, card games and other games of any sort
Feature enhancements:
With data being of prime importance when filing eReturn, Saral TDS will now check for suitability
of the data when making eReturn. A option ‟Check Data Quality before Regular eReturn’ is made
available in „Advanced Settings‟. It will be enabled by default in this version.
When going for eReturn, a brief on the data quality will be shown with indication of
o Data ready for eReturn OR
o Data not ready for eReturn
If Data not ready for eReturn is suggested, Saral TDS will take you to Data Quality Report
which will enable you to take suitable action.
In Summary, Option Pre-Filled Form added. You can now generate Form 15G and Form 15H with name and contact details of respective deductees.
In Challan Screen, BIN verification option from NSDL has been enabled.
Default Summary information will now further allow you to view the Default Summary as shown in TRACES by clicking the three-dot button against
respective Form and Quarter.
TRACES utilities relating to Form 16/16A, Form 27D and TBR are now available via Downloads. Check under Download menu to download the required
utilities.
Thanks,
SaralTDS Team
In Deductor Master, screen has been redesigned by bringing TAN details on top followed by "Auto Loading" of address details based on TAN Verification.
In Challan Details, For Saving Challans now Section can be blank from Financial Year 2013-14 onwards.
In TRACES,
a) Register option has been given for New TAN Registration, it will be enable only if Username and Password will not present.
b) Now Selection of „Request For’ will be blank by default.
In DQR,
a) In Late Payment sheet, 2 new Column added for Interest on Late Payment Paid and Balance.
b) In Challan Details sheet, new Column added for Available Amount.
c) Default Data will be shown in Bold and Red in color.
In Display Link Challans,
a) For Unlinked Option, Row will be highlighted with color indicating unlinked record.
b) Report has been given option to export in excel.
Earlier version 15.05
Inclusion of Form 26QB (Online form for furnishing TDS on property) under Tax related menu.
SAHAJ ITR-1 [in Corporate and Institutional] for Financial Year 2014-15 (AY 2015-16) is provided.
How to use Saral TDS given in the main screen for guiding new users for using the software.
In Regular e-Return screen, information on due date of eFiling will be shown. Estimated u/s 234E fee will be shown in case e-Return is being generated after due date.
Kindly note, it will be indicative amount.
Form 12BA along with Form 16 given in Professional edition.
Feature added for filtering of deduction and salary records in corrections.
Double click on a data to get a screen for specifying the search value.
Earlier version 15.04
Employer contribution is added in Excel Template for Form 24Q.
Option to open Justification Report Utility provided by TRACES is available in Correction Utility “Defaults” interface. As per information from TRACES, this file contains
Macros, as such, it should be allowed.
Inclusion of New FVU Changes v4.7 [From FY 2010-11] and v2.143 [Till FY 2009-10]
Incorporation section code 192A and 194LBB:
“192A” & “194LBB” have been added for below forms which will be applicable for statements pertain to FY 2015-16 & Q1 onwards.
o Section code 192A will be applicable for Form 26Q.
o Section code 194LBB will be applicable only for Form 26Q and 27Q.
Quoting of lower/non deduction certificate number under Deductee details (Annexure I) will be applicable only for below mentioned Section codes :
192, 193, 194, 194A, 194C, 194D, 194G, 194H, 194-I, 194J, 194LA, 195 and 206C for the statements pertaining to FY 2013-14 onwards.
Validations with respect to PAN Not available - Higher Rate (20%) remark have been relaxed for section 194LC for the statements pertaining to FY 2012-13 onwards.
Remark Transporter with Valid PAN (0%) (i.e. for transporter transaction and valid PAN is provided) will be now applicable from Q3 of FY 2009-10 onwards.
New FVU will be applicable with effect from 24th June, 2015.