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| Note Number | 2161582 |
| Topic | HINCF24Q: File Validation Utility (FVU) version 4.6 |
| Version | 6 |
| Validity | 08.05.2015 |
| Category | Legal change |
| Release Status | Release for Customer |
| Released on | 08.05.2015 11:52:38 |
| Priority | Correction with high priority |
The Income Tax Department has released a new version of File Validation Utility, FVU 4.6.
You are using the Form 24Q report HINCF24Q ( TCode: PC00_M40_F24Q) to generate TDS e-file.
While you are validating the system generated e-file through the File Validation Utility (FVU) version 4.6, you get an error reading "T-FV-2235 Invalid PAN of person responsible for deducting / collecting tax".
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| Note Number | 2132737 |
| Topic | Professional Tax for Mizoram |
| Version | 2 |
| Validity | 24.04.2015 |
| Category | Legal change |
| Release Status | Release for Customer |
| Released on | 30.04.2015 08:03:17 |
| Priority | Correction with medium priority |
You are executing payroll (Tcode: PC00_M40_CALC_SIMU) for the employees working in your organization.
In case employees belong to the region Mizoram,it is observed that professional tax calculation is not happening consistently.As per the Professional tax Authorities the professional tax should be deducted monthly on the basis on monthly wages. Professional Tax Slabs for Mizoram are as below:
| Monthly Salary or Wages | Tax per month |
| Upto 5,000 | Nil |
| From 5,001 to 8,000 | 75 |
| From 8,001 to 10,000 | 120 |
| From 10,001 to 12,000 | 150 |
| From 12,001 to 15,000 | 180 |
| From 15,001 to 20,000 | 195 |
| Above 20,001 | 208 |
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| Note Number | 2148072 |
| Topic | HINCF160: Income Tax Rounding - CBDT Notice 17/2014 |
| Version | 2 |
| Validity | 15.04.2015 |
| Category | Legal change |
| Release Status | Release for Customer |
| Released on | 27.04.2015 11:11:37 |
| Priority | Correction with high priority |
Tax Circular no 17/2014 dated 10 December 2014 has been released by CBDT with clarity on rounding of taxable income and income tax.
"Employer is advised to quote Total Taxable Income in Annexure II without rounding-off and TDS should be deducted and reported accordingly i.e. without rounding-off of TDS also" - page 9.
The provisions of rounding of taxable income and income tax components are provided under an existing constant 'TAXRO' in the table V_T511K with values '0','1','2' and '3'.
In Form 16 report HINCF160 (TCode: PC00_M40_F16), the value of the wage type /450 (Tax payable and surcharge) is exclusively rounded to nearest INR.1. This rounding of wage type /450 is now provided under the switch 'TAXRO'.
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| Note Number | 2139208 |
| Topic | Union Budget Changes - 2015 |
| Version | 4 |
| Validity | 08.04.2015 |
| Category | Legal change |
| Release Status | Released for Customer |
| Released on | 08.04.2015 09:26:30 |
| Priority | Correction with high priority |
This Note delivers the changes related to the Union Budget for 2015, as announced through Note 2137336.
This note includes PDF document about manual changes
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| Note Number | 2105913 |
| Topic | Issue in IT0582 dependent details checkbox via PA20 transaction |
| Version | 2 |
| Validity | 07.04.2015 |
| Category | Program error |
| Release Status | Released for Customer |
| Released on | 07.04.2015 08:30:41 |
| Priority | Correction with medium priority |
You have a record in Exemptions infotype (IT0582) for any of the subtypes, where in exemption has been taken for the dependent.
When you access the same record in PA20 transaction via Overview and then next display of the record, then the dependent's checkbox is coming blank.
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| Note Number | 2138605 |
| Topic | Sec80C: Sukanya Samriddhi Scheme |
| Version | 3 |
| Validity | 17.03.2015 |
| Category | Legal change |
| Release Status | Released for Customer |
| Released on | 17.03.2015 11:15:50 |
| Priority | Correction with medium priority |
The Government has launched a new deposit scheme – Sukanya Samriddhi for minor girl child. This is a savings scheme which can be opened by the natural (biological) or legal guardian of the girl child aged below 10 years. The maximum limit of exemption is 1,50,000 INR.
However, Government has given a buffer time of 1 year if your child turned 10 within a year before the announcement. This means that if the girl child turned 10 anytime between December 2013 and December 2014, you can open such an account in her name.
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Here I am modifying one of my previous document and would like to update the recent notes from now onwards.
The data provided above is from Notes published by SAP to users, the purpose of this document is to give the latest updates to those users who doesn't have access to https://websmp106.sap-ag.de/support.
For Older version please use the below links