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Enhancement of e TDS (Form 26Q & Form 27Q) feature for Microsoft Dynamics NAV 2016 - India

This release addresses the changes brought in by versions of FVU ranging from 4.3 to 5.0 released time to time by the Income tax department. It includes incorporating necessary validations along with updating e TDS files of Form 26Q and Form 27Q generated by the application to ensure compatibility with the latest FVU (5.0) hosted in NSDL website.

Overview

Changes made in the e-TDS feature includes the following:

  • Included new TDS groups – Payment on transfer of immovable property (194LA), Payment of compensation on acquisition of immovable property (194IA), Payment of accumulated PF balance due to an employee (192A).
  • A New field "PAN of responsible person'' is added in request pages so as to ensure flow of this information in both Form 26Q & Form 27Q reports and e TDS files.
  • Certificate Number for deduction of TDS at concessional rate in NOD/ NOC list is restricted to 10 digits. This certificate number flows in to e-TDS file for concessional code 'B' also here onwards.
  • Certain fields in company information such as email id, mobile number, address location code are made mandatory fields as these are to be flown compulsorily into the e-TDS Files of Form 26Q & Form 27Q.
  • Country code will flow for all Sections in e TDS file of Form 27Q, if Non-Resident Payments is checked in 'TDS Groups'

Reference Information

Reference No. 167288
Product Area Financial Management
Discovered in Microsoft Dynamics NAV 2016
Title New File Validation Utility (Version 5.0) for TDS
Released on August 2016

Important Notice to Customers

We recommend that you contact your Microsoft Dynamics Partner before installing service packs or hotfixes. It is important to verify that your environment is compatible with the service pack(s), hotfix(es), or download(s) being installed. A service pack, hotfix, or download may cause interoperability issues with customizations, and third-party products that work with your Microsoft Dynamics solutions.

Important Notice to Partners

As per the SPA, it is non-compliant for partners to redistribute tax and regulatory updates to ERP customers not enrolled in the Business Ready Enhancement Plan. Partners can verify their customer’s status in PartnerSource Business Center. If they're not enrolled, Partners will need to get them current before they can distribute.

Installation

Before this update can be installed, the following prerequisites are required:

Microsoft Dynamics ® NAV 2016 IN

This update is available through microsoft Dynamics NAV​ Cumulative Update 10.

Installation Steps:

For more information about how to install Cumulative Update, click the following article number to view in the Microsoft Knowledge Base:

3109325 - How to install a Microsoft Dynamics NAV 2016 cumulative update

Note:

If a customer has customizations in any objects involved in this regulatory feature, they might require your special attention.

Licensing

No new objects have been added through this update. Licensing refresh is not required.

Objects

The following objects have been added / modified through this release:

Type No. Name Added/Modified
Table 39 Purchase Line Modified
Table 81 Gen. Journal Line Modified
Table 13726 TDS Nature of Deduction Modified
Table 13728 TDS Setup Modified
Table 13731 TDS Group Modified
Table 13784 NOD/NOC Certificate Modified
Table 13785 NOD/NOC Lines Modified
Table 16502 Correction Code Modified
Table 16505 Form 26Q/27Q Entry Modified
Report 16504 Revised Form 27Q Modified
Report 16505 Form 26Q Modified
Report 16506 Revised Form 26Q Modified
Report 16508 Generate e-TDS Modified
Report 16509 Revised e-TDS Modified
Report 16511 Form 27Q Modified
Report 16518 Form 27EQ Modified
Report 16526 Generate revised e-TCS 27EQ Modified
CodeUnit 16400 Form Management Modified
CodeUnit 143000 Library - TDS Modified
CodeUnit 144020 ERM TDS Nature Of Deduction Modified
CodeUnit 144047 e-TDS Transactions Modified
CodeUnit 144049 FUV 4.0-4.1 Modified
CodeUnit 144060 eTDS -Transactions Modified

Setup

No new setup field added.

Support Information

For technical support questions, contact your partner or direct your questions to the Support for Business hub: https://serviceshub.microsoft.com/supportforbusiness/create