e-TDS/TCS Return Preparation Utility Ver. 3.1 for Regular & Correction quarterly e-TDS/TCS statements from FY 2007-08

Key Features – Return Preparation Utility (RPU) version 3.1

1. Addition of new column in Form 26Q & 27Q

  • New column “Amount of cash withdrawal in excess of Rs. 1 crore as referred to in section 194N” is added under Annexure I (Deductee details) in Form 26Q and 27Q.
  • Newly added column will be applicable for statements pertains to FY 2019-20 and quarter 2 onwards.

2. Addition of new remark value as “N” for Section code “194N”

  • New remark value as “N” is added under dropdown list of “Remarks (Reason for non-deduction/lower deduction/higher deduction/threshold)” for Section 194N.
  • Description of newly added remark value would be “No deduction on account of payment made to a person referred to in clause (iii) or clause (iv) of the provision to section 194N or on account of notification issued under clause (v) of the proviso to section 194N”.
  • Newly added dropdown value will be applicable only for below scenario:
    • Form is 26Q or 27Q
    • Section “194N” is selected
    • Financial year 2019-20 and quarter 2 onwards selected
    • TDS amount is zero
  • This version of RPU is applicable with effect from February 28, 2020.

Download RPU version 3.1

NSDL e-Gov RPU_e-Tutorial (Version 1.7)

(Republished with amendments)

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