FVU 3.3 will be applicable for quarterly TDS / TCS statements pertaining to F.Y. 2010-11 onwards and FVU 2.131 will be applicable for quarterly TDS / TCS statements pertaining up to F.Y. 2009-10. Both the new File Validation Utilities will be mandatory with effect from February 01, 2012.

Please Note: Up to January 31, 2012 the FVU files generated from both the old utilities i.e. FVU 3.2 & FVU 2.130 and the new utilities i.e. FVU 3.3 & FVU 2.131 will be accepted.

1.  FVU 3.1       (Applicable for F.Y.2010-11 onwards)

2.  FVU 2.130   (Applicable up to F.Y.2009-10)

The key features of the File Validation Utility (FVU) version 3.1:

1. FVU 3.1 will be applicable for quarterly TDS / TCS statements pertaining to F.Y. 2010-11 onwards and will be mandatory w.e.f. April 01, 2011.
2. It will be mandatory to quote Mobile No. in quarterly TDS / TCS statements for Deductor category other than Central Govt. and State Govt.
3. Re-introduction of PAN Reference No. field in deductee / collectee details.
4. Provision to quote the deduction under Section 80CCF in Salary Details (applicable for 24Q – Q4).
5. ‘Surcharge’ amount in Salary Details (provided annually in Annexure II — 24Q Q4) should be less than or equal to ‘Total Taxable Income’.
6. ‘Education Cess’ amount in Salary Details (provided annually in Annexure II — 24Q Q4) should be less than or equal to ‘Total Taxable Income’.
7. ‘Net Income tax payable’ amount in Salary Details (provided annually in Annexure II — 24Q Q4) should be less than or equal to ‘Total Taxable Income’.
8. Highlighting of transaction where tax has not been deducted as threshold limit is not exceeded (as per the provisions of Income Tax Act) in the first quarter (s) but in subsequent quarter has exceeded the threshold limit.

For further details please visit http://tin-nsdl.com/

The e-TDS/TCS FVU setup file (e-TDS/TCS FVU.exe) comprises of three files namely:

1. TDS FVU Readme.rtf: This file contains instructions for setup of the e-TDS FVU.
2. e-TDS FVU Setup.exe: This is a setup program for installation of FVU.
3. TDS_FVU_STANDALONE.jar: This is the FVU program file.

These files are in an executable zip file. These files are required for installing the e-TDS/TCS FVU.

• e-TDS/TCS FVU.exe (Version 2.128)

If any errors found, *.FVU file will not be generated and Report file contains the List of errors in the Text file.

If File Validation is successful, FVU generates a Report file with the Statistics of the return and a *.FVU file with Text file converted to a compatible format (With addition of few more details) for the software in TIN FC (SAM [ Statement Acceptance Module].