GNTDS v9.2.3

1. Deductor Category is added to Company Master (Deductor). It is compulsory to select any one category so it will ask when you start software or when you change company. Please select appropriate.
2. In Some cases, PAN is not mandatory. Now, “PANNOTREQD” must be written explicitly in this case. So, please check it if you don’t have PAN
3. FVU Master is added. e-Return for FY 2008-09 will be generated & validated as per FVU2.126 and e-Return for FY 2009-10 will be generated & validated as per FVU2.128
4. Major changes in TDS Rate are as below,
   
   

   Section	Nature of Payment	Deductee Type	Old Rate	New Rate
   194I	Rent of Plant & Machinery	All	10	2
   	Rent of Land, Building, Furniture, etc	Individual / HUF	15	10
   		Others	20	10
   194C	Payment to an advertising contractor or sub-contractor	Individual / HUF	1	1
   		Others	1	2
   	Payment to a contractor other than an advertising contracts	Individual / HUF	2	1
   		Others	2	2
   	Payment to transporter, who has provided a valid PAN	All		0
   	Payment to transporter who has not provided PAN	Individual / HUF		1
   		Others		2
   Surcharge and Edu. Cess rate are 0.00 for non-salary payments made to resident tax payers

   
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   Thanking you,
   
   GNTDS Support Team
   0281-2459148, 09376918701
   info@gntds.in www.gntds.in