Incorporated the New FVU version 8.3 and added “Advance Tax” option in Challan creation and added New Sections in Form 26Q, 27Q and 27EQ.

Features

• Incorporated the New FVU version 8.3.
• Added in Minor head “Advance tax” option in Challan creation.
• Added New Section “194B-P Winnings from lottery or crossword puzzle, etc” and “194BA-P (30%) – Net Winnings
  from online games (Net winnings made in kind or cash is Insufficient to meet the tax liability)” in Form 26Q
  Deduction entry and Excel Template.
• Added New Sections in form 27Q Deduction entry and Excel Template.
  • 194BA (30%) – Winnings from any Online Games
  • 194BA-P (30%) – Net Winnings from online games (Net winnings made in kind or cash is Insufficient to
    meet the tax liability)
  • 194B (30%) – Winnings from lottery or crossword puzzle, etc.
  • 194B-P (30%) – Winnings from lottery or crossword puzzle, etc.
  • 194BB (30%) – Winnings from horse race.
  • 194LC (2)(i)&(ia) – (5%) Payment of Interest Income by the Specified Company or business trust to a
    Non-Resident
  • 194LC (2)(ib) – (4%) Payment of Interest Income by the Specified Company or business trust on rupee
    denominated bond / any long-term bonds (issued on or after April 1, 2020 but up to June 30, 2023) to a
    Non-Resident.
  • 194LC (2)(ic) – (9%) Payment of Interest Income by the Specified Company or business trust on rupee
    denominated bond / any long-term bonds (issued on or after July 1, 2023) to a Non-Resident.
• Added New Section “206CT (5%) – Remittance under LRS for medical and education purpose” in Form 27EQ
  Deduction entry and Excel Template.

Incorporated the New FVU version 8.3

Added in Minor head “Advance tax” option in Challan creation.

Added New Section “194B-P Winnings from lottery or crossword puzzle, etc” and “194BA-P (30%) – Net
Winnings from online games (Net winnings made in kind or cash is Insufficient to meet the tax liability)” in
Form 26Q Deduction entry and Excel Template.

Added New Sections in form 27Q Deduction entry and Excel Template.

• 194BA (30%) – Winnings from any Online Games
• 194BA-P (30%) – Net Winnings from online games (Net winnings made in kind or cash is Insufficient to
  meet the tax liability)
• 194B (30%) – Winnings from lottery or crossword puzzle, etc.
• 194B-P (30%) – Winnings from lottery or crossword puzzle, etc.
• 194BB (30%) – Winnings from horse race.
• 194LC (2)(i)&(ia) – (5%) Payment of Interest Income by the Specified Company or business trust to a
  Non-Resident
• 194LC (2)(ib) – (4%) Payment of Interest Income by the Specified Company or business trust on rupee
  denominated bond / any long-term bonds (issued on or after April 1, 2020 but up to June 30, 2023) to a
  Non-Resident.
• 194LC (2)(ic) – (9%) Payment of Interest Income by the Specified Company or business trust on rupee
  denominated bond / any long-term bonds (issued on or after July 1, 2023) to a Non-Resident.

Added New Section “206CT (5%) – Remittance under LRS for medical and education purpose” in Form 27EQ
Deduction entry and Excel Template.

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