Note
Access to this page requires authorization. You can try signing in or changing directories.
Access to this page requires authorization. You can try changing directories.
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