eTDS TCS RPU Latest Version 1.6 effective 28062016
After New FVU version 2.147 and version 5.1, NSDL has also issued latest Return Preparation Utility (RPU) Version 1.6 for Regular & Correction quarterly e-TDS/TCS statements from FY 2007-08
Key Features – Return Preparation Utility (RPU) version 1.6
- New Section code 194LBC (Income in respect of investment in securitization trust) has been added under list of sections available under Form 26Q and 27Q.
- New nature of collection codes 206CL (Sale of Motor vehicle), 206CM (Sale in cash of any goods (other than bullion/jewelry)) and 206CN (Providing of any services (other than Ch-XVII-B)) has been added under list of collection codes available under Form 27EQ.
- Incorporation of latest File Validation Utility (FVU) version 5.1 (applicable for TDS/TCS statements pertaining to FY 2010-11 onwards) and FVU version 2.147 (applicable for TDS/TCS statements from FY 2007-08 up to FY 2009-10).
Download RPU Version 1.6
- Order u/s 263 enhancing disallowance quashed as CIT (A) has power of enhancements – ITAT
- Penalty section cannot be subject matter of revisionary jurisdiction under section 263
- Related party transaction u/s 40A(2) shall be treated as bona fide, unless evading tax
- ‘Transfer of property’ not include ‘acquiring’ of property or ‘purchasing’ of property – ITAT
- AO was not justified in questioning cash withdrawals from bank account – ITAT
