Deduction u/s 80CCF in Form 24Q Annexure II

Friends,

In a meeting with Software Vendors on Jan 21, 1011, NSDL has outlined the following changes in eTDS Statement filing for the Fourth Quarter filing

Mandatory Mobile Number

It will be mandatory for responsible person to provide mobile number. However Central and State Government deductors need not provide mobile number

Validation on TDS Rate

Currently there is no validation on TDS Rate except that it has to be numeric . Forthcoming validation will check that Amount Paid / Credit * TDS Rate = TDS Amount
Source of News 

If there is a mismatch , a warning error will be given

Deductee record below threshold limit

There is a confusion about reporting of transaction below threshold. In the past, when deductors have reported such transactions, the notice from IT , shows these transaction as short deduction and liable to tax demand. Forthcoming FVU will provide for a flag to show that a deductee record is amount paid/ credit below threshold limit , hence without tax deduction at source

Deductee record where excess tax deducted

On the similar lines, a deductee record where excess tax has been deducted will be shown with a different flag

Editing of Provisionally Booked Challans

If consolidated FVU file is downloaded, then provisionally booked challans will be allowed to be edited

Deduction u/s 80CCF

For the fourth quarter, this new deduction will have to be shown separately in the Salary record of Form 24Q

Making download of consolidated FVU Easier

The recently introduced system of allowing deductors to get consolidated FVU file is being seen as complex by users. Various options being considered by NSDL to make system easier are

    * Digital Signture based authorization
    * Deductor to choose user login & password


Consolidated FVU file will be uploaded in deductor’s login, since complaints are received that these files are not received through emails

Read more: https://taxlinks.blogspot.com/2011/01/proposed-changes-in-etds-statement.html#ixzz1GjchbtIX 
Harish Dhall 
Under Creative Commons License: Attribution

BUT STILL THERE IS NO NEW 24Q FORM ISSUED BY THE CBDT....

Thanks! But is there a new column for deduction u/s 80CCF? The form 24Q in IT website is still the old one. (btw, i do manual filing of TDS).

CBDT still did not issue new form 24Q i searched too but i did not found new form...

oh. Thanks anyway!

I suppose i will fill it under column 338 "Amount deductible under any other provision of Chapter VI-A" then.

https://www.incometaxindia.gov.in/publications/2_TDS_On_Salaries/Chapter06.asp

80CCF DOES NOT COMES UNDER Chapter VI-A"..........

Oh ok. So, we have to wait for the new form then...

Yes wait for 4^th quarter return if forms comes than put deduction into column otherwise assess could claim at the timing of filing ITR…

Wil do that. Thanks a lot for your help!