Release Informations for Ay.2018-19

Ver : 10.9

 

Income Tax

·         ITR 1,2,3,4,5,6,7 changed as per new XML Schema.

Ver : 10.8

 

Income Tax

·         Form 3CD : Width for point 34b increased for last column.

·         C/fd Loss ERROR in case of filing before 31/10/2018 updated.

 

Important NOTE :

 

Kindly keep the Applicable date as 30/09/21018  in Client Master Return tab and mention date for 234-A & 234-B  as  <=  31/10/2018  in Tax Paid - Self Assessment Tax tab page.  This will help to calculate 234-A & B correctly and will also C/fd the Losses, if any.

Ver : 10.7

 

Income Tax

·         Excel File for IMPORTING TDS entries modified to accept PAN also, in case of a Property entry.

·         C/fd Loss ERROR in case of filing before 15/10/2018 updated.

 

eTds

·         FVU version 5.9 updated as per new version.

 

Important NOTE :

 

Kindly keep the Applicable date as 30/09/21018  in Client Master Return tab and mention date for 234-A & 234-B  as  <=  15/10/2018  in Tax Paid - Self Assessment Tax tab page.  This will help to calculate 234-A & B correctly and will also C/fd the Losses, if any.

Ver : 10.6

·         ERROR in Sch.BP of Point # 20, Fixed.

Ver : 10.5

·         ERROR in XML generation  of ITR-2 when ReturnFileSec=”15: In response to notice under section 153A” is selected, Fixed.

Ver : 10.4

·         Login to Income-tax ePortal activated from within the software.

Ver : 10.3

·         Error in AMT credit calculation rectified.

·         In Sch.CG of ITR-6, ‘Item Codes’ in DTAA changed.

Ver : 10.2

·         Error while uploading ITR-3 : "In Sch.BP, Balance amount is different from the sum of Individual values" fixed.

Ver : 10.1

·         3CA-3CD  &  3CB-3CD changed as per new XML Schema as on 7th Sep.

Ver : 10.0

·         3CA-3CD  &  3CB-3CD changed as per new XML Schema.

Ver : 9.1

·         3CB-3CD & 29B XML generation error fixed.

·         Sch.PTI  XML generation error fixed.

Ver : 9.0

·         3CA-3CD, 3CB-3CD, 3CEB, 29B changed as per new XML Schema.

Ver : 8.2

·         ITR-5 & ITR6 XMLs updated for B&P Point # 24 (Interest to Partners).

Ver : 8.1

·         "Unclaimed TDS brought forward" Error while uploading, fixed.

Ver : 8.0

·         ITR-2,3,4,5,6 & 7 XMLs updated as per the Depts SCHEMA changes on 9th Aug.

·         Sch.Income from Other Sources : Now the Interest Income is bifurcated as Savings Interest, Term Deposit Interest, IT Refund Interest & Others. All USERS are kindly requested to do the changes & SAVE this module once again before generating the XML.

·         Sch.Business & Profession : Now in the "A/cs are NOT maintained" part, the GROSS Receipts of Business is bifurcated as Receipts by DD/Chq & Receipts by Other mode, hence kindly do the changes & SAVE this module once again before generating the XML.

Ver : 7.0

Ver : 6.2

Ver : 6.1

Ver : 6.0

Ver : 5.2

Ver : 5.0

RELEASE NOTE : 

Ver : 4.1

 

Income Tax

·         ITR-1 & ITR-4  XMLs changed according to the NEW Schema released by the Dept.

 

eTds

·         FVU version 5.8 updated as per new version.

 

 

Ver : 4.0

·         ITR-7 XML generation Released.

 

Ver : 3.0

·         ITR-6 XML generation Released.

·         Capital Gain : Long Term, new option "Bond/Debenture-112(1)" introduced. These items will appear in  Schedule-CG : Capital Gains of ITRs, points as follows :
  ITR-2 point - B.3
  ITR-3 point - B.4
  ITR-5 point - B.4
  ITR-6 point - B.4

Ver : 2.2

·         ITR-5 XML generation Released.

 

Ver : 2.1

·         ST & LT capital Gains charged at Special Rates are now reflected in Schedule : SI, even if  the Gains are NOT taxable after Basic Deduction.   Changes made because Department s/w reflects those figures in Schedule : SI.

·          ERROR while Uploading , in Short Term module fixed.

 

Ver : 2.0

·         ITR-4 XML, changed & released as per the Dept's NEW Schema specifications.

·          ITR-3 XML generation Released.

 

Important NOTES :

Since lot of changes happened in XML generation part, USERS are kindly requested to NOTE the following things :

·         Data Entry for Sch.ICDS is shifted from "FA [Feeding in IT Format]" to B&P module because the figures are  now to be considered in calculating B&P module. USERS are kindly requested to FEED it again.

·         B&P module : Depreciation Rates changed, so kindly goto Data Entry part, check & Save again.

 

Ver : 1.0

Important NOTES :

Since lot of changes happened in XML generation part, USERS are kindly requested to NOTE the following things :

·         HP LOSS of maximum Rs.2 lakhs only, can be adjusted in current year. (including Interest on borrowed capital)   So kindly go to SOP & Other HP Data Entry modules, SAVE again, so as to recalculate everything.

(Columns  ‘Interest before 1/4/99’  & ‘Pre-Construction Loan Interest’  in HP removed, as there are NO such columns in XML schema.)

·         B&P module : Depreciation Rates changed, so go to Data Entry part, check & Save again.

·         Presumtive Income : New tab for Financial Details.

·         DUC VI-A : 80-D Structure changed, so go to Data Entry part, check & Save again.

·         New columns in TDS module, so go to Data Entry part & Save again.

·         Client Master :

- 'Capacity' column in 'Return' tab page is now compulsory, 

                - New column 'Mobile country code' in 'Personal' tab page.

·         General Informations Master :

                 - 3 main Business or Profession, CODEs changed, so enter new code & Save again.