Release Informations for Ay.2020-21
Ver : 20.*.8.4
Ver : 20.*.8.3
Ver : 20.*.8.2
eTDS
·
Decimal Issues in Deductee
Entries for 24Q,26Q,27Q & 27EQ, Fixed.
Ver : 20.*.8.1
Ver : 20.*.8.0
eTDS
·
Excel Importing Templates for 27EQ introduced separately. USERS are kindly requested to use the file ' Sample E-TDS 27EQAllQtr' for the same.
Ver : 20.*.7.1
·
Updated module with FVU version 7.0 as per Dept’s
changes.
Ver : 20.*.7.0
Ver : 20.*.6.1
Ver : 20.*.6.0
·
Important Note
: Only
Schedule 112A allows 4 decimals by the Dept.
Users are therefore kindly requested to feed Short Term entries in the
Excel template File used for Importing entries in 2
decimals only. More than 2 decimals, if
any, will be ignored by the s/w while Importing and ultimately the figures in
Excel file & the s/w figures will NOT tally. Kindly check the entries
before Importing and DO NOT call us for Tally errors because of the extra decimals.
Ver : 20.*.5.5
Ver : 20.*.5.4
Ver : 20.*.5.3
Ver : 20.*.5.2
Ver : 20.*.5.1
Ver : 20.*.5.0
Ver : 20.*.4.3
Ver : 20.*.4.2
Ver : 20.*.4.1
Audit
Ver : 20.*.4.0
eTDS
·
Updated module with FVU version 6.9 as per Dept’s
changes.
Ver : 20.*.3.4
Ver : 20.*.3.3
·
ITR-6 : Error in Uploading XML in case of Slashed Rates
(Domestic Co.), Fixed.
·
Slashed
Rates options added with Section ‘115BA’
Ver : 20.*.3.2
·
ITR-6 : XML gets generated and ready to Upload.
·
Excel Importing Templates for 'Balance Sheet Ind-AS'
and 'P&L Ind-AS'
introduced. USERS are kindly requested
to use 'Sample IT FA Balance Sheet-IndAS.xls' and 'Sample IT FA Profit-n-Loss-IndAS.xls'
for the same.
Ver : 20.*.3.1
·
ITR-7 : Section Error while creating XML file, Fixed.
·
Schedule
SI : PTI error in case of STCG (some cases), Fixed.
Ver : 20.*.3.0
·
ITR-7 : XML gets generated and ready to Upload.
Ver : 20.*.2.2
Ver : 20.*.2.1
·
ITR-5 : XML gets generated and ready to Upload.
Note : Since Dept. has not released
the JAVA utility for IT-5, testing our XML with the same has NOT been done.
Ver : 20.*.1.2
Ver : 20.*.1.1
·
ITR-3 : Error ‘Total Income not equal to …… after rounding off’
while uploading, fixed.
·
ISIN
Codes introduced for LTCG module. Around 50,000 Scripts incorporated and will
be displayed at the time of Data Entry. When a script is selected the ISIN is
automatically picked up. If any particular Script is Not
found USER may add this under ‘Masters’ -> ‘Standard Scripts’. OR
USER
may Import all such Items from Excel file as per the structure given in sample
file ‘Sample IT ScriptMaster.xls’ under the menu ‘Utilities’ ŕ ‘O/p file maintenance’ ŕ ‘CompuTax
Reports’
Ver : 20.*.1.0
·
ITR-3 : XML gets generated and ready to Upload.
Note : Since Dept. has Not
released the JAVA utility for IT-3, testing our XML with the same has Not been
done.
Ver : 20.*.0.11
eTDS
·
Updated module with FVU version 6.8 as per
Dept’s changes.
Ver : 20.*.0.10
Ver : 20.*.0.9
·
Rounding off Error in Part-B TI of ITR-2 while uploading, Fixed.
Ver : 20.*.0.8
·
Rounding off Error in Part-B TI of ITR-2 while uploading, Fixed.
Ver : 20.*.0.7
·
ITR-2 : XML gets generated and ready to Upload.
·
80D changed –
Apart from Senior Citizen Parents, if the Assessee is
Not a senior citizen, but any of his Family member is a Senior citizen, then
also Rs.50,000/- slab is allowed now, as per Dept’s
s/w.
Ver : 20.*.0.6
·
ITR-4 :
Updation of SCHEMA changes as per the new
version released by the Dept.
Ver : 20.*.0.5
Ver : 20.*.0.4
Ver : 20.*.0.3
eTDS
·
Updated module with FVU version 6.7 as per
Dept’s changes.
Ver : 20.*.0.2
Ver : 20.*.0.1
Ver : 20.*.0.0
Important NOTES :
1)
10(10) : Death-cum-Retirement Gratuity received
2)
10(10AA):
Earned leave encashment on
Retirement
3)
10(13A)
: HRA received
Release
Informations for Ay.2019-20
Ver : 19.*.11.0
Ver : 19.*.10.11
eTDS
·
New sections ‘194Ja & ‘194Jb’ updated in
FVU version 6.8 is
only for Fy.2020-21, hence changed back to ‘194J’ for other years.
Ver : 19.*.10.10
eTDS
·
Updated module with FVU version 6.8 as per
Dept’s changes.
Ver : 19.*.10.9
Ver : 19.*.10.8
Ver : 19.*.10.7
eTDS
·
Error while generating FVU in case of
Revision of 24Q-Qtr 4, fixed.
Ver : 19.*.10.6
eTDS
·
Error while generating FVU in case of
Revision of 24Q-Qtr 4, fixed.
Ver : 19.*.10.5
eTDS
·
Error while generating FVU in case of
Revision of 24Q-Qtr 4, fixed.
Ver : 19.*.10.4
·
Error in calculation of Agricultural Relief
in case of AOP, Fixed.
Ver : 19.*.10.3
eTDS
·
Updated module with FVU version 6.7 as per
Dept’s changes.
Ver
: 19.*.10.2
·
ITR-7 : In Sch.I Dept. in XML
is printing from 2012 forcefully even if NO data is there where as we were
printing only the DATA of the given Year. Now we also changed this as per
Dept's style.
·
ITR-7 : In Part
B-TI point # '24. Income chargeable at maximum marginal
rates (22-23)' now will be printed only when 'Maximum Marginal Rate' is Yes and
Not like before (22-23).
Ver
: 19.*.10.1
·
Error while Importing
26AS in some cases, fixed.
eTDS
·
Updated module 24 Q4 for an error at the time of uploading
the .fvu file.
Ver
: 19.*.10.0
·
Ready for Migration to
2020-21
Ver
: 19.*.9.7
eTDS
·
Updated module with FVU version 6.6 as per
Dept’s changes.
Ver
: 19.*.9.6
·
ITR-7 :
XML generation error in case of 139(9) fixed.
Ver
: 19.*.9.5
& Ay.2018-19 ver : 18.*.12.11
·
26AS format changed by the Dept. is now updated in the S/w to get
it Imported properly.
Ver
: 19.*.9.4
eTDS
·
Updated module with FVU version 6.5 as per
Dept’s changes.
Ver
: 19.*.9.3
·
ITR-6 :
SCHEMA changes as per the new version released by the Dept. is now
Updated.
Ver
: 19.*.9.2
·
ITR-1,2,3,4,5,7 :
SCHEMA changes as per the new version released by the Dept. on 6th
Dec is now Updated.
Ver
: 19.*.9.1
·
ITR-5 :
XML generation error in case of 139(9) fixed.
Ver
: 19.*.9.0
·
ITR-1,2,3,4,5,6,7 : SCHEMA
changes as per the new version released by the Dept. on 6th Nov is
now Updated.
Ver
: 19.*.8.1
·
ITR6 : Fine
tuning.
·
ITR7 :
Presentation in S of I changed for some points.
Ver
: 19.*.8.0
eTDS
·
Updated module with FVU version 6.4 as per
Dept’s changes.
Ver
: 19.*.7.10
·
Schedule AL1 :
Excel Importing Templates for clauses c,d,e, g
& j were seperate earlier, now changed to one
single Template with different worksheets in the same File, so that IMPORTING
is done in one shot. USERS are
requested to copy DATA, if any, of different clauses into the NEW given
template 'Sample IT CoAL1.xls' & then do the Import. Earlier single Templates for Sch.AL1 is Invalid now.
·
ITR3 : Uploading
Error in LTCG in some cases Fixed.
·
ITR6 : Nature
of Company ŕ In Data
entry ‘Company Unlisted : Yes / No’ option given.
Ver
: 19.*.7.9
·
Uploading Error in case of Section 80-P,
fixed.
Ver
: 19.*.7.8
·
Section 234-A calculation updated as per
the new Due Date of 31/10/2019.
Ver
: 19.*.7.7
·
ITR-6 :
SCHEMA changes as per the new version released by the Dept. on 1st Oct
is now Updated.
Ver
: 19.*.7.6
·
ITR-6 :
Schedule AL1 – Excel Importing facility for 'G.Details
of Loans & Advances to any other concern' and 'J.Details of
loans, deposits and advances taken from a person other than financial
institution' implemented.
·
XML uploading Error in Sch.CG of ITR-7 in some cases, Fixed.
Ver
: 19.*.7.5
·
In picking of Higher TAX between Normal Tax
& AMT or MAT, ‘Rebate on agricultural income’ & ‘Rebate u/s 87A’ is
also considered NOW.
·
XML uploading Error in LTCG Quarter Totals in some
case fixed.
Ver
: 19.*.7.4
·
ITR-6 : Schedule
AL1 – Excel Importing facility for ‘Details of Other Securities’ implemented.
·
Earlier calculation and picking of Higher
TAX between Normal Tax & AMT or MAT was done by considering the TAX element
only. Now this has been changed to Normal TAX + Surcharge + Cess & TAX
on AMT or MAT + Surcharge + Cess as per
Dept's s/w.
·
XML generation Error in LTCG Quarter Totals
in some case fixed.
Ver
: 19.*.7.3
·
ITR-6 : Schedule AL1 – Excel Importing facility for
‘Details of Unlisted Equity Shares’
implemented.
·
Fine tuning of ITR-6 document.
Ver
: 19.*.7.2
·
ITR-6 : Schedule AL1 – Excel Importing facility for
‘Details of Listed Equity Shares’ implemented.
·
Excel formats for Importing ‘Details of UnListed
Equity Shares’ and ‘Details of Other
Securities’ available for Data Entry,
will be implemented & released soon.
·
Fine tuning of ITR-7.
·
ITR-3 uploading Error in some cases, fixed.
Ver
: 19.*.7.1
·
ITR-6 : ‘Form2AccordPara5DPIITFlag’ error
while generating XML, fixed.
·
Fine tuning of ITR-6.
Ver
: 19.*.7.0
·
ITR-6 : Excel sheet Import for Schedule SH1-a,b,c implemented.
·
Fine tuning of ITR-6.
Ver
: 19.*.6.4
·
ITR-2 : Uploading Error in Point # 15 for some cases, fixed.
Ver
: 19.*.6.3
·
ITR-2 : Uploading
Error in Point # 15 for some cases, fixed.
·
Kindly
NOTE that in ‘Statement of
Income’ rounding of ‘SA Tax Payable u/s 288B’ to nearest 10 is
removed as this is NOT done in Part-B TTI of ITR and because of this tally Error of Rs 2 or 3
occurred frequently while uploading XML.
Ver : 19.*.6.2
·
ITR-2 changes in point # 15 of Part B-TI by
Dept, now updated
in the s/w.
Ver
: 19.*.6.1
·
ITR-6 ready for XML generation &
uploading.
Ver
: 19.*.6.0
·
ITR-7 ready for XML generation &
uploading.
·
CG : PTI
Income, if Loss, NOT getting printed in S of Income fixed.
Note
:
·
In Dept's Java utility, under 80D,
preventive Health checkup of Rs.5000/- available, if Type selected as 'Self
& Family', got
changed again & NOW deduction is NOT allowed. But we have
NOT changed this. In our
s/w Deduction is available.
Ver
: 19.*.5.4
·
‘Object Reference’ Error and ‘Key Not Found’ Error appearing in Statement of Income, in some
cases, fixed.
Ver : 19.*.5.3
·
ITR SCHEMA changes as per the new version
released by the Dept. on 1st Aug is now Updated.
·
Earlier in Dept's Java utility, under 80D, preventive Health checkup of Rs.5000/- was Not
available, if Type selected as 'Self & Family'. Now Java utility got
changed & deduction is allowed. We
have also changed this in the s/w accordingly.
Ver
: 19.*.5.2
·
Error in Statement of Income presentation
Fixed.
·
Schedule CG : In
ST &
LT Property,
earlier Higher of Sale Value & Stamp Value was taken as Sale Value. Now
this is changed to : In case (aii.Stamp
value) does not exceed 1.05 times (ai.Sale Value),
figure taken as (ai.Sale Value), OR else taken (aii.Stamp value)] as mentioned in ITR.
Ver
: 19.*.5.1
·
Billing Format error Fixed.
·
In Annexure ‘Other House
Property’ Tenant's Name added.
·
Schedule
GST Error in XML fixed.
·
More
Validations & Warnings implemented
·
In TDS
Data entry, while Importing from 26AS ‘Source’ by default is always selected as ‘Ifos’ as that column is unavailable in 26AS. Users are
kindly requested to check & Select the correct ‘Source’, if NOT Ifos, as applicable.
Ver
: 19.*.5.0
·
S/w updated as per the NEW Schema changes
on 19th July.
Important
Information for this update.
In LTCG with 112A entries, if ISIN code
found for every Entry, Sch.112A will be generated ELSE only the Totals will be taken to the
respective points of Schedule CG.
Ver
: 19.*.4.1
·
ITR-2 changed as per the NEW Schema
released by the Dept.
·
ITR-3 changed as per the NEW Schema
released by the Dept.
Areas to be relooked once again after this updation
1. Master
: General Infos :-
a. "Director in a company at any time" :- New field
added
b. "Held Unlisted Equity Shares at any
time during the previous year ?" : - New field
added
2. Salary
:- Break-up of Salary u/s 17(1)
Total, ie. Basic Salary, HRA, Gratuity etc. done.
SAVE once again before generating XML.
3. CG
:- Data Entry : For SHARE assets,
feed ISIN code & Rate per Share on 01/02/2018
: Report
:- SAVE DATA ENTRY once again before generating XML, as the presentation
of Sch.CG-LT changed by Dept.
4. IFOS
: Data Entry :- Income from Family Pension & Deductions u/s 57(iia). SAVE once again before generating XML.
5. 44AD, 44ADA, 44AE :
Nature of Business codes Revised.
Ver
: 19.*.4.0
·
Schedule - SI :
PTI Income NOT presented properly,
Fixed.
Ver : 19.*.3.4
·
ITR-1 &
ITR-4 changed as per the NEW Schema released by the Dept.
Ver : 19.*.3.3
·
ITR-5 physical Form as well as XML
generation ready & released for uploading.
·
More
validations & checks implemented.
Important Note
IN CASE OF
PRESUMPTIVE INCOME UNDER 44AD, 44ADA
& 44AE, IF ITR-3, 5
OR 6 IS SELECTED, THEN USERS ARE KINDLY REQUESTED NOT
TO INCLUDE AND FEED 44AD, 44ADA & 44AE INCOME IN THE 'NO A/CS
MAINTAINED' PART IN P & L ACCOUNT
FOR THIS ASS.YR (2019-20). ELSE
THE DEPARTMENT WILL ADD THIS AMOUNT AGAIN IN THEIR S/W.
Also
kindly note that the following points :
For AY.2018-19, If ITR-3 is selected then,
1.
In B&P, Feed Firm Name & increase the NET
Profit by Presumtive Income amount.
2.
Feed 'No Accounts Maintained' details given at the end of P&L Entries.
For AY.2018-19, If ITR-4 is selected then,
1.
Feed Presumtive Income.
2.
Feed details of 'Financial Details' tab page of the same module.
For AY.2019-20, If ITR-3 is Selected then,
1.
In B&P, Feed Firm Name & increase the NET
Profit by Presumtive Income amount.
'No Accounts Maintained'
of P&L Entries, NOT to be fed this year for Presumtive
Income amount.
For AY.2019-20, If ITR-4 is Selected then,
1.
Feed Presumtive Income.
2.
Feed details of 'Financial Details' tab page of the same module.
Ver
: 19.*.3.2
·
Special Edition for all USERS where 3.1 version did not RUN properly.
Ver
: 19.*.3.1
·
LTCG module : Sch.CG.B.4d/5d.
Item 'Less- LTCG threshold limit as per section 112A (4c – Rs. 1 lakh)' was showing figure as 0, if Loss, now will show the
Loss figure itself.
·
Some miscellaneous fine tuning.
Ver : 19.*.3.0
Ver : 19.*.2.0
Ver : 19.*.1.3
Ver : 19.*.1.2
Ver : 19.*.1.1
Ver : 19.*.1.0
USERS are kindly requested to check and SAVE the
SALARY module before generating S of I & XML.
USERS are kindly requested to NOTE
that the LT-Gain fed & calculated in multiple entires
will give wrong result in ITRs. For Eg: Feed the below entries, one
entry at a time,
and see the ITR-2 page 5. You will be getting the results as
shown in the 2nd Table as per the format of ITR-2, point # B4 of
Sch.CG under LT, which is presented correctly as per the given formula in ITR-2
|
Sale Consideration |
Actual Cost |
Cost as on
31/01/2018 |
Calculated
Profit/Loss |
Case 1 |
10000 |
12000 |
3000 |
-2000 |
Case 2 |
20000 |
2000 |
4000 |
16000 |
Case 3 |
25000 |
5000 |
7000 |
18000 |
Case 4 |
1000 |
6000 |
8000 |
-7000 |
Case 5 |
5000 |
0 |
10000 |
-5000 |
Total |
61000 |
25000 |
32000 |
20000 |
|
4a |
B2 |
B1 |
iB |
iA |
bi |
bii |
biii |
biv |
4c (4a – biv ) |
Case 1 |
10000 |
10000 |
3000 |
3000 |
12000 |
12000 |
0 |
0 |
12000 |
-2000 |
Case 2 |
20000 |
20000 |
4000 |
4000 |
4000 |
4000 |
0 |
0 |
4000 |
16000 |
Case 3 |
25000 |
25000 |
7000 |
7000 |
7000 |
7000 |
0 |
0 |
7000 |
18000 |
Case 4 |
1000 |
1000 |
8000 |
1000 |
8000 |
8000 |
0 |
0 |
8000 |
-7000 |
Case 5 |
5000 |
5000 |
10000 |
5000 |
10000 |
10000 |
0 |
0 |
10000 |
-5000 |
Total |
61000 |
61000 |
32000 |
20000 |
41000 |
41000 |
0 |
0 |
41000 |
20000 |
Now if you feed all the above ENTRIES together, you will find that the exact TOTAL values, as per the table, in ITR-2, point # B4 of Sch.CG of LT Gain, but if you check the calculation according to the formula, you will find that the working is WRONG, ie. for column iB.
Hence USERS are kindly requested to hold the uploading of the ITR for LT Gains till the correction is done by the Dept. OR generate the XML from our s/w & import it in the Java utility & make the changes, which according to you is right & then generate the XML & upload it.
Ver : 19.*.0.4
Important NOTES :
USERS are requested NOT to start
working with B&P
& CG modules, as we
are working on the changes in the module as per the new ITR released by the
Dept. There are chances of loosing DATA
in this 2 modules, hence this request.
Ver : 19.*.0.3
Important NOTES :
USERS are requested NOT to start
working with B&P
& CG modules, as we
are working on the changes in the module as per the new ITR released by the
Dept. There are chances of loosing DATA
in this 2 modules, hence this request.
Ver : 19.*.0.2
Ver : 19.*.0.0
Important NOTES :