TdsPac : Release Notes Version 4.56 Dated 30/06/2012 Printing -> Create Quarterly eTds Statement FVU 3.5 changes incorporated. TdsPac : Release Notes Version 4.55 Dated 06/06/2012 Minor technical changes carried out. TdsPac : Release Notes Version 4.55 Dated 06/06/2012 Incorporation new column “Date of Payment / Credit” Utilities -> Import -> Excel -> Setup New date field [ Date Paid/Cr ] provided for mapping the excel column [ Date Paid/Cr ] is not mandatory Utilities -> Import -> Excel -> Import Tran.. If [Voucher Date] is blank it will be updated with the value given in [Date Deducted] Validations given for [ Date Paid/Cr ]: o It should be a valid date i.e 31/04/2012 is not allowed o It should be within the financial year i.e if F.Y is 2012-13 then voucher date can be any date between 01/04/2012 to 31/03/2013 (inclusive of these 2 dates) Transaction -> TDS Deduction Entries-Auto [ Date Paid/Cr ] is displayed above [ Date Deducted ] field. [ Date Paid/Cr ] field cannot be edited. If a record is added then [ Date Paid/Cr ] is updated with the value given in [Date Deducted] Transaction -> TDS Deduction Entries-Manual [ Date Paid/Cr ] is displayed above [ Date Deducted ] field. [ Date Paid/Cr ] field cannot be edited. If a record is added then [ Date Paid/Cr ] is updated with the value given in [Date Deducted] Onscreen Enquiry -> Enquiry Transactions Caption of “Voucher Dt” changed to “Date Ded” Interest calculation on delayed deductions Printing -> Registers-> Interest Calculation With the incorporation of the new date field [ Date of Payment / Credit ] it is possible to calculate [Interest on Delayed Deductions] Two interest fields provided o One for delayed deductions (12%) o Another for delayed deposits (18%) Interest amount will be the summation of delayed deductions and delayed deposits. Utilities -> Import TIN-Generated-Form 16A If TIN-Generated-Form16A comprises of 2 text files, provision given to import 2 text files. TdsPac : Release Notes Version 4.54 Dated 03/05/2012 Tally Import made compatible with new tally release TdsPac : Release Notes Version 4.53 Dated 12/04/2012 Create Company for FY 2012-13 TdsPac : Release Notes Version 4.52 Dated 15/03/2012 Printing -> Create Quarterly eTds Statement FVU 3.4 changes incorporated TdsPac : Release Notes Version 4.51 Dated 17/02/2012 Onscreen Enquiry -> Enquiry Party Master Party search based on PAN provided. TdsPac : Release Notes Version 4.50 Dated 02/02/2012 Printing -> Create Quarterly eTds Statement FVU 3.3 changes incorporated TdsPac : Release Notes Version 4.49 Dated 06/01/2012 Master-> Parameter-> Operational Parameter New Check Box ‘Auto FVU file’ provided Printing -> Create Qtly eTds Statement If ‘Auto FVU file’ option is ticked in operational parameter screen then File Validation Utility is directly invoked and files names are auto filled. This validation is done in command mode, without displaying NSDL’s File Validation Utility Form. TdsPac : Release Notes Version 4.48 Dated 27/12/2011 Onscreen Enquiry -> Enquiry Party Master PAN verification module revamped TdsPac : Release Notes Version 4.47 Dated 09/12/2011 Utilities -> NSDL TAN Account Changes as per the new NSDL TAN account login incorporated TdsPac : Release Notes Version 4.46 Dated 04/10/2011 Utilities -> NSDL TAN Account This new feature will automate interaction with TIN web site and will save your efforts and time. TAN Account Details : Enter login details. If correct details are entered, the other options will be visible. Request Consolidated TDS/TCS Statement : Select the Quarter and Form No. Select challan details to be given for verification, the request for fvu file will be sent automatically to TIN web site. Form 16A File Request : Select Quarter. Select challan details to be given for verification, the request for Form 16A will be sent automatically to TIN web site Status of TDS/TCS Statement : Select the Quarter and Form No for which status of eTDS statement is to be verified. TdsPac : Release Notes Version 4.45 Dated 19/09/2011 Login Screen Fast Facts Bulletin, TdsPac & eTdsCorrection blog feeds to be displayed in login screen. “You are using old Version. Download version <<4.??>>" to be displayed with OK button. Login screen will undergo change On typing few characters in the company name, only list of those companies starting with those characters will be displayed. Eg: on typing "D", list of companies will be "Demo Company", "Dainik Bhaskar" etc. Transactions -> Payment of Challan On saving, check for CIN number of current entry with the existing entry. If already present give warning message "Challan Serial no already exists in database, do you still want to continue" Help -> Transaction Flow Chart Revised transaction flow chart incorporated Reports -> TIN-Generated-Form 16A "Display" button provided. After user selects required parameters in the form and clicks on "Display" button, the details will be filled in the grid. TdsPac : Release Notes Version 4.44 Dated 27/08/2011 Onscreen Enquiry -> Enquiry Party Master New command button “Validate with ITD” .This will look up party master PAN in income tax database (ITD). Column “Pan Status” will display as “found in ITD” and “Not found in ITD” Main Screen After logging into company, if the TAN of Master -> Parameters -> Company Parameter is not registered with NSDL, display the message “TAN not registered with NSDL. TAN Registration is mandatory for downloading consolidated fvu file and Form 16A” Reports -> Registers -> Interest Calculation Reports -> Statutory Audit Report th Interest calculation to factor Due date as 30 April for March deductions for FY 2010-11 onwards. Late month calculations to be as per method adopted by TIN in default notices. Reports -> Tax Audit Report New column added “Late Months” apart from “Late Days” TdsPac : Release Notes Version 4.43 Dated 05/08/2011 Onscreen Enquiry-> Enquiry TIN Generated Certificate New Screen to view downloaded TIN generated Form 16A details TdsPac : Release Notes Version 4.42 Dated 26/07/2011 Printing -> TIN-Generated Form 16A Minor correction in print & PDF of TIN generated form 16A. TdsPac : Release Notes Version 4.41 Dated 30/06/2011 Utilities-> Import TIN-Generated Form 16A New menu to Import Downloaded Form 16A file from TIN site Printing -> TIN-Generated Form 16A New menu to Print and Export to PDF TIN-Generated Form 16A Checkboxes o Deductor Address from TdsPac: Master -> Parameter -> Company Parameter, If checked this address will be printed on From 16A else address as provided in TIN-generated form 16A file will be printed o Deductee Address from TdsPac Master -> Party Master , If checked this address will be printed on From 16A else address as provided in TIN-generated form 16A file will be printed o Print First Page for Digital Signature If checked a covering page providing details of Form 16A and digital signature will be appended to Form 16A Export PDF o Select path to store PDF files o A folder “TAN_YY_Quarter_Form16A “will be created in selected path o File “PAN_Form16A_2010-11_Quarter.PDF” will be saved in created folder for each PAN Utilities-> Read Consolidated FVU file Utility to read and export Downloaded Consolidated FVU file to Excel template Utilities-> Read Correction FVU file Utility to read and export Downloaded Correction FVU file to Excel template Master->Parameters->Company Parameters Auto fill CIT-TDS address if CIT(TDS)-Address1 is blank. Address is based on the first three characters of the TAN of the deductor. Auto fill will happen during Modify / Save event. OnScreen Enquiry->Enquiry-Quarterly Statements New filter “Line No.” provided. Entering a line number in the filter, displays that transaction which was a part of eTds Statement file. Printing->Create Qtly eTds Statement New screen “Probable TCT entries” pops-up while creation of eTds statement. It displays transactions where TdsRate <> (Tds Amount / Voucher Amount) *100. If the user accepts these as threshold crossed entries then the reverse rate is updated For transactions having zero TDS Amount AND if there is no special section (i.e A – Lower Rate / B – Nil Rate / C- Penal Rate / T – Transport Contractor) “Y” is updated in special section to indicate this has transaction below threshold limit. TdsPac : Release Notes Version 4.40 Dated 30/04/2011 Exception Report-> Tds Amt not equal to Voucher Amt x Tds Rate Option to select Quarter Printing -> Create Qtrly eTds Statement FVU 3.2 included TdsPac : Release Notes Version 4.39 Dated 05/04/2011 Tds Certificate Register->Summary New column to show Gross Amount Create Qtrly eTDS Statement Changes as per FVU version 3.1 & 2.130 incorporated TdsPac : Release Notes Version 4.38 Dated 07/02/2011 Party Master Import from XML file of Tally “Import from XML” option provided in Utilities -> Import -> Tally -> Import Master. TdsCode, Status & Sub-Status will be taken from the XML file itself. TdsPac : Release Notes Version 4.37 Dated 07/01/2011 Filters in Change Paid / Credited New filters provided in Utilities -> Change Paid / Credited screen. The records can be filtered on Party Code, Party Name and Voucher Number TdsPac : Release Notes Version 4.36 Dated 27/10/2010 Blog New Blog for giving detailed analysis commentary ,tips and ideas for better implementation of new features added in TdsPac. Your feedback will be most helpful in creating a better user experience. NIL Challan for Zero TDS amount Transactions-> Generate / Reset challan->‘Manual’ option : NIL Challan now can be generated only for Zero TDS deduction, primarily for transporters payment where TDS amount is 0 Unflag Transport / Penal Rate deductions Utilities-> Reverse Transporters / Penal falg : New Screen for Unflaging ‘Transport payment / Penal Rate’ done at the time of generating eTds statement TdsPac : Release Notes Version 4.35 Dated 06/10/2010 Company Parameters New Field “Mobile No” added in Responsible Persons Details Party Master New CheckBox “Transport Contractor – No TDS Applicable” added . This will be visible only when TDS Section is 194C. This will enable entering 0 TDS deduction entries for reporting in eTDS statement. Valid PAN must for all parties except where Sub Status is “Penal Rate” Create Qtrly eTDS Statement For FY 2010-11, FVU Version 3.0 will be used and for prior years FVU version 2.129 will be invoked For FY 2010-11 o 100% valid PANs are required for Form 26Q/27Q and 85% valid PANs are required for Form 27EQ o Penal Rate Transactions may have pan as “PANNOTAVBL” o Email ID of company OR of responsible person mandatory o Phone No of Company OR Phone No of Responsible Person OR Mobile No of Responsible Person is mandatory Reason for NIL/Lower Rate will be given as “T” for Transport contractors payment with 0 TDS and “C” for penal rate transactions TdsPac : Release Notes Version 4.34 Dated 28/08/2010 Login Screen If any new upgrade is available a message “You are using Old Version !” will be flashed Printing : TDS Certificate New option “Print Annexure on New Page” New option “Print Signature details at the end of Annexure Generate TDS Certificate Existing check box changed to radio button v.i.z o Consider All txns for Selected Qtr o Consider only Txns mentioned in eTds statement AND having valid PAN TdsPac : Release Notes Version 4.33 Dated 29/07/2010 Printing : TDS Certificate If number of transactions is more than 3 then summary of payment is printed as an annexure New option “Print Cert only for those parties where valid PAN is available” Generate TDS Certificate New option “Generate certificate for transactions with valid PAN in the eTds statement for the selected quarter” TdsPac : Release Notes Version 4.32 Dated 14/07/2010 Important Amendments in Form 16A Notification 41/ 2010 dated 31/05/2010 has made changes in method of issuing and format of Form 16A. This release is primarily to take care of those requirements. Applicability These amendments are applicable only for TDS deductions on or after 01-04-2010. Hence these will be reflected in a company selected for FY 2010-11. For FY prior to FY 2010-11 , old format and method will continue. Additional fields required in Form 16A for FY 2010-11 Master->Parameter->Company Parameter : o Responsible Person > Son/Daughter of o CIT ( TDS) : Address , City and PIN Operational Parameter Update Certificate Generation Based on “ TDS Code Wise” / “ One Certificate for all TDS Codes” TDS Code wise : Existing practice where one certificate is issued for each TDS code One Certificate for all TDS Codes : Suggested option. However, TDS certificate for payment to Non residents will be generated separately Generate TDS Certificate Steps to generate TDS Certificate :Before generating certificates 1. Create eTDS Statement 2. Update eTDS Ack Number Only transactions reported in eTDS statements will be considered for generation of certificate Select Quarter : Q1/ Q2 /Q3 /Q4 Select Form No : 26Q/ 27Q Certificate Numbering : Certificate Number will be <Optional Prefix><Quarter No>/<FormNo/ TdsCode>/<Year>/<Serial Number> Printing : TDS Certificate Select Quarter Certificate will get printed in format as amended by Notification 41/ 2010 Other change Dash Board : Option “Do not show Again” On Screen Enquiry > Enquiry Party Master : New option to find Duplicate PAN Printing : Letter for Consolidated Certificate option removed for FY 2010-11 Printing : Surcharge applicability Report removed for FY 2010-11 TdsPac : Release Notes Version 4.30 Dated 06/04/2010 Create Company for FY 2010-11 Dashboard for Valid & Invalid PAN’s provided in Onscreen Enquiry - Dashboard Exception report – Transactions where Penal rate of TDS is applicable provided Challan details verification as per OLTAS in Onscreen Enquiry – Enquiry Challans TdsPac : Release Notes Version 4.29 Dated 18/02/2010 Onscreen Enquiry->Enquiry Challan New Columns for interest and Penalty are provided TdsPac : Release Notes Version 4.28 Dated 01/10/2009 Changes as per Modification in eTds data structure by Director General of Income Tax (Systems). New File Validation utility (version 2.128) included Master -> Parameters -> Company Parameters A new drop down list “Deductor Category” is provided. Based on Deductor Type (Government or Others) appropriate Deductor category will be displayed Printing -> Create Qtly eTds Statement New FVU utility will be used to validate the text file Important Note on FVU 2.128 Matching of OLTAS Details o The new FVU version 2.128 has a new feature for matching of challan in eTDS statement with those in OLTAS. o After matching FVU will show the number of matched and unmatched challans. However , eTDS filing can be done , even if there are unmatched challans. Procedure for Matching OLTAS Details First you need to download Challan file o Go to www.tin-nsdl.com o Click “Challan Status Enquiry” o Click TAN Based View o TAN : Enter 10 digit TAN o Date of Deposit From : Quarter Begin Date o Date of Deposit To : Today o Click Download Challan File o Save file in your local PC o File Name will be TAN+Date with .csi extension FVU will ask for Challan Input File name with Path. Select the saved .csi file The Error/ Upload & Statistics Report File will give a count of total challans, matched challans and unmatched challans. TdsPac : Release Notes Version 4.27 Dated 14/08/2009 Budget changes as per Finance (No.2 ) Bill, 2009 (As Passed by Lok Sabha) Master -> Parameters -> Operational Parameter A new date field “Date when budget changes to be affected” is provided. Entering this date will automatically create 3 date ranges in rate master. Master -> Rate Master A new drop down is provided. User can select the appropriate date range based on the deduction dates to be put 3 date ranges are : 01/04/2009 – <budget affected date - 1> <budget affected date> – 30/09/2009 01/10/2009 – 31/03/2010 Transaction -> Tds Deduction Entries – Auto For any new Tds entries, if the deduction date does not fall in between the date range selected in rate master, application will not allow to save the transaction. Transaction -> Tds Deduction Entries – Manual For any new Tds entries, if the deduction date does not fall in between the date range selected in rate master, application will give a warning. User can override this warning and go ahead to save the transaction. Utilities -> Import -> Excel -> Import Trans Any deduction entry whose deduction date does not fall in between the date range selected in rate master, will be highlighted as “Invalid Column Value”. This record cannot be imported. Utilities -> Import -> Tally -> Import Trans Any deduction entry whose deduction date does not fall in between the date range selected in rate master, will be highlighted as “Date is Out of Financial Year/Invalid date as per rate master - Can't Import”. This record cannot be imported. Export 16A to PDF Printing -> TDS Certificate A new button provided which will export Form 16A to PDF format Printing date can be changed in duplicate Form 16A Printing -> TDS Certificate A new date field provided in the screen. When Type of Copy is selected as “Duplicate”, this field is visible. Users can override the printing date entered while generating the certificates TdsPac : Release Notes Version 4.26 Dated 09/04/2009 Provision for Database creation for new F.Y. 2008-2009 TdsPac : Release Notes Version 4.25 Dated 24/10/2008 New menu “Exception Reports” introduced. Various exeption reports provided are : Tds Amount not equal to Voucher Amount X Tds Rate Will list all the TDS Deduction entries where there is a difference between the posted TDS and calculated TDS. Tran TDS rate not equal to TDS rate Will list all the TDS Deduction entries where TDS Rate is different from the one applicable to the party. Companies / Firm where Surcharge is not collected Will list the transactions with status as Companies or Firm where Surcharge is not deducted even when the party has crossed the surcharge threshold Eg:- “ABB Ltd” is a deductee and its status is “Companies”. For F.Y.2008-09 his actual payment has exceeded 1 crore but surcharge is not deducted. This report will list all such parties Individual / HUF where Surcharge is not collected Will list the transactions with status as Individuals or HUF where Surcharge is not deducted even when the party has crossed the surcharge threshold Eg:- “Ram Mohan” is a deductee and his status is “Individual”. For F.Y.2008-09 his actual payment has exceeded 10 lakhs but surcharge is not deducted. This report will list all such parties Status not similar in Masters & Transactions Will list the transactions of parties where the status in transaction does not match with status in the party master SubStatus not similar in Masters & Transactions Will list the transactions of parties where the substatus in transaction does not match with substatus in the party master Utilities > Import > Excel > Setup Status & Substatus can also be imported from Excel Sheet. Two dropdown lists are provided to do the mapping. This will very helpful in cases where one party is covered under more than one TDS Section. Utilities > Import > Excel > Import Trans If status & substatus are mapped from excel sheet then the dropdown lists for TdsCode, Status & Substatus will not be displayed. The combination of TdsCode, Status & Substatus will be taken from excel sheet and verified against the rate master. If such a combination does not exist in rate master then error will be displayed. TdsPac : Release Notes Version 4.24 Dated 22/09/2008 Printing > Create Quarterly eTds Statement As per the new NSDL notification a new check box is provided “Ignore deductions with Invalid/Blank PANs”. This option will ignore the deductions having invalid or blanks PANs and create FVU file having deductions with valid PANs only Onscreen Enquiry > Enquiry Quarterly Statements Deductions which are considered for quarterly statements are displayed. Various filters are provided including “TDS Deduction ignored in eTds Statement”. This filter will show only deductions which were not submitted in the FVU file This option will work only after creation of eTds file. Hence eTds statement created in version 4.23 or earlier will not be visible in this screen Printing > Quarterly Paper Returns A new check box “Ignore deductions with Invalid/Blank PANs” is provided in Form 26Q & Form 27EQ annexures. Ticking this option will ignore the deductions which were not submitted in the FVU file This option will work only after creating the quarterly eTds statement from the menu Printing > Create Quarterly eTds Statement TdsPac : Release Notes Version 4.23 Dated 05/09/2008 Transactions > Other Challan Details > ePayment AutoFill ITNS 281 challan details. This will fill the company details automatically on NSDL website Utilities > Create Correction Statement Now eTdsCorrection utility can be run directly from TdsPac TdsPac : Release Notes Version 4.22 Dated 25/07/2008 Printing > Registers > Surplus Adjustment New report to display the transactions adjusted against surplus challans Printing > Surcharge Applicability New report to display status wise parties who have crossed the surcharge threshold For companies & Firms, surcharge threshold is 1 crore For Individuals, AOP/BOI, HUF surcharge threshold is 10 lakhs Check box is provided to find if parties are close to 90% of their surcharge threshold TdsPac : Release Notes Version 4.21 Dated 05/05/2008 Additional validations as per the new FVU version 2.116 TdsPac : Release Notes Version 4.21 Dated 31/03/2008 Provision for Database creation for new F.Y. 2008-2009 Changes as per the new FVU version 2.116 Minimum PAN validation increased from 70% to 85% TdsPac : Release Notes Version 4.19 Dated 07/12/2007 Onscreen Enquiry – Final Summary New option to show quarter wise data Printing>Letter for PAN New option to print letters to only those parties who are having transactions. Utilities> Consolidation This will display company names along with company code. A new checkbox to select and deselect all companies at the same time. Onscreen Enquiry – Enquiry Party Master New option to display only parties having / not having transactions / all. Utilities > Import > Excel > Import Trans Option to import the transaction pertaining to the same party under two different sections. This will happen when import is based on Party Code TdsPac : Release Notes Version 4.18 Dated 04/10/2007 eTDS Statement : Important Change From the II Qtr of 2007-08, eTDS Statement must contain minimum 70% valid PANs in Form No 26Q and 27EQ. If the number of valid PANs is less than 70%, eTDS file will not get validated. At the time of creation of eTDS file, the % of valid PANs will be calculated and if falls below 70%, Appropriate message will be displayed A text file containing all invalid PANs alongwith name of deductees will be shown NSDLs FVU Version 2.110 is incorporated. TdsPac : Release Notes Version 4.17 Dated 12/09/2007 NIL Transaction Challan In Manual Generation of challan , a challan without TDS deduction entry can be created. This can be used for making Interest payment challans. Printing->Registers>Interest Calculations Report improved to show more information Printing->Registers>TDS Challan Register New Report “Challan Status Query” to match with corresponding report on OLTAS Printing->Tax Audit report Report improved to show more information On Screen Enquiry>Party wise Transaction Summary Filter options provided Utility>Shift Transaction New option to shift transaction party code Utility>Change Certificate Periodicity New option to globally change Certificate Period TDS Code wise Utility>Change Nature of Payment in Form 16A New option to edit description of Nature of Payment Utility>Print External Challan New option to enter values and print challan directly Help View TDS Rate chart in PDF format TdsPac : Release Notes Version 4.16 Dated 02/05/2007 Printing ->Tds Certificate For any Quarter , if eTDS statement is not submitted, Form 16A will print text “Not available ….”. The default text is given in TDS Certificate screen, which can be edited by user. This change is done in response to income tax Circular No 2 TdsPac : Release Notes Version 4.15 Dated 20/04/2007 Create Company While copying master from previous year, new option is given to update status for Companies and Firms , “With surcharge” or “Without Surcharge” If there is a mismatch between status and substatus in Party Master and Rate Master for any reason, a warning message will be displayed at Logjn Screen. In such cases, you are requested to find out such mismatches by clicking OnscreenEnquiry > Enquiry Party Master : Wrong Rates . Such mismatches can be rectified by editing the party record in Masters->Party Master TdsPac : Release Notes Version 4.14 Dated 09/04/2007 Important Features Printing ->Tds Certificate Option to print certificate in new format as per Notification no. 83/2007, dated 26-3-2007 Create Company Creation of new company will take new rates for the financial year 2007-08 Rate of education cess will be taken as 3% For Companies and Firms , new subStatus Without Surcharge and With Surcharge will be created. If Party Master is carried forward from previous year , the default for companies and firms will be taken as Without Surcharge New Options Printing ->Tds deduction Register Tds deduction Register Date Wise a new column Net Amount added Printing ->Letter for consolidated Cert Create PDF files for letters Onscreen Enquiry->Party-wise Transaction Summary Party-wise-Transaction Summary. Utilities>Shift Transaction Shift the transaction from one party to another even after challan is generated Other Points Utilities->Consolidation Consolidation for TCS databases Printing->Create Quarterly eTds Statement At the time of generating etds return details of Unpaid Challan / Transactions for which challan is not generated will be shown in a grid. Utilities->Excel import Excel template for Master & Transaction provided Onscreen Enquiry-> Enquiry Transaction New filter Companies /other than companies Login Screen->BackUp Option to tale backup of all companies listed in the Login Screen Utilities -> Import Option to import Contact details like Contact Person , Phone No.
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