{"id":17377,"date":"2023-10-14T16:35:02","date_gmt":"2023-10-14T11:05:02","guid":{"rendered":"https:\/\/www.hostbooks.com\/in\/?p=17377"},"modified":"2023-10-21T17:58:19","modified_gmt":"2023-10-21T12:28:19","slug":"incorporated-new-fvu-version-8-3-added-advance-tax-option-challan-creation-added-new-sections-form-26q-27q-27eq","status":"publish","type":"post","link":"https:\/\/www.hostbooks.com\/in\/hb\/whats-new\/incorporated-new-fvu-version-8-3-added-advance-tax-option-challan-creation-added-new-sections-form-26q-27q-27eq\/","title":{"rendered":"Incorporated the New FVU version 8.3 and added \u201cAdvance Tax\u201d option in Challan creation and added New Sections in Form 26Q, 27Q and 27EQ."},"content":{"rendered":"<h5><strong>Features<\/strong><\/h5>\n<ul class=\"highlights-list\">\n<li style=\"list-style:disc;\">Incorporated the New FVU version 8.3.<\/li>\n<li style=\"list-style:disc;\">Added in Minor head \u201cAdvance tax\u201d option in Challan creation.<\/li>\n<li style=\"list-style:disc;\">Added New Section \u201c194B-P Winnings from lottery or crossword puzzle, etc\u201d and \u201c194BA-P (30%) &#8211; Net Winnings<br \/>\n\t\tfrom online games (Net winnings made in kind or cash is Insufficient to meet the tax liability)\u201d in Form 26Q<br \/>\n\t\tDeduction entry and Excel Template.<\/li>\n<li style=\"list-style:disc;\">Added New Sections in form 27Q Deduction entry and Excel Template.\n<ul>\n<li style=\"list-style:disc;\">194BA (30%) &#8211; Winnings from any Online Games<\/li>\n<li style=\"list-style:disc;\">194BA-P (30%) &#8211; Net Winnings from online games (Net winnings made in kind or cash is Insufficient to<br \/>\n\t\t\t\tmeet the tax liability)<\/li>\n<li style=\"list-style:disc;\">194B (30%) &#8211; Winnings from lottery or crossword puzzle, etc.<\/li>\n<li style=\"list-style:disc;\">194B-P (30%) &#8211; Winnings from lottery or crossword puzzle, etc.<\/li>\n<li style=\"list-style:disc;\">194BB (30%) &#8211; Winnings from horse race.<\/li>\n<li style=\"list-style:disc;\">194LC (2)(i)&#038;(ia) &#8211; (5%) Payment of Interest Income by the Specified Company or business trust to a<br \/>\n\t\t\t\tNon-Resident<\/li>\n<li style=\"list-style:disc;\">194LC (2)(ib) &#8211; (4%) Payment of Interest Income by the Specified Company or business trust on rupee<br \/>\n\t\t\t\tdenominated bond \/ any long-term bonds (issued on or after April 1, 2020 but up to June 30, 2023) to a<br \/>\n\t\t\t\tNon-Resident.<\/li>\n<li style=\"list-style:disc;\">194LC (2)(ic) &#8211; (9%) Payment of Interest Income by the Specified Company or business trust on rupee<br \/>\n\t\t\t\tdenominated bond \/ any long-term bonds (issued on or after July 1, 2023) to a Non-Resident.<\/li>\n<\/ul>\n<\/li>\n<li style=\"list-style:disc;\">Added New Section \u201c206CT (5%) &#8211; Remittance under LRS for medical and education purpose\u201d in Form 27EQ<br \/>\n\t\tDeduction entry and Excel Template.<\/li>\n<\/ul>\n<p><strong>Incorporated the New FVU version 8.3<\/strong><\/p>\n<figure class=\"wp-block-image\">\n\t<img decoding=\"async\" src=\"https:\/\/www.hostbooks.com\/in\/wp-content\/uploads\/2023\/10\/hbtds-incorporated.jpg\" alt=\"hbtds-incorporated\" class=\"wp-image\"><br \/>\n<\/figure>\n<p><strong>Added in Minor head &#8220;Advance tax&#8221; option in Challan creation.<\/strong><\/p>\n<figure class=\"wp-block-image\">\n\t<img decoding=\"async\" src=\"https:\/\/www.hostbooks.com\/in\/wp-content\/uploads\/2023\/10\/hbtds-addedin-minor.jpg\" alt=\"hbtds-addedin-minor\" class=\"wp-image\"><br \/>\n<\/figure>\n<p><strong>Added New Section &#8220;194B-P Winnings from lottery or crossword puzzle, etc&#8221; and &#8220;194BA-P (30%) &#8211; Net<br \/>\n\t\tWinnings from online games (Net winnings made in kind or cash is Insufficient to meet the tax liability)&#8221; in<br \/>\n\t\tForm 26Q Deduction entry and Excel Template.<\/strong><\/p>\n<figure class=\"wp-block-image\">\n\t<img decoding=\"async\" src=\"https:\/\/www.hostbooks.com\/in\/wp-content\/uploads\/2023\/10\/hbtds-added-newsection-194b-one.jpg\" alt=\"hbtds-added-newsection-194b-one\" class=\"wp-image\"><br \/>\n<\/figure>\n<figure class=\"wp-block-image\">\n\t<img decoding=\"async\" src=\"https:\/\/www.hostbooks.com\/in\/wp-content\/uploads\/2023\/10\/hbtds-added-newsection-194b-two.jpg\" alt=\"hbtds-added-newsection-194b-two\" class=\"wp-image\"><br \/>\n<\/figure>\n<p><strong>Added New Sections in form 27Q Deduction entry and Excel Template.<\/strong><\/p>\n<ul class=\"highlights-list\">\n<li style=\"list-style:disc;\">194BA (30%) &#8211; Winnings from any Online Games<\/li>\n<li style=\"list-style:disc;\">194BA-P (30%) &#8211; Net Winnings from online games (Net winnings made in kind or cash is Insufficient to<br \/>\n\t\tmeet the tax liability)<\/li>\n<li style=\"list-style:disc;\">194B (30%) &#8211; Winnings from lottery or crossword puzzle, etc.<\/li>\n<li style=\"list-style:disc;\">194B-P (30%) &#8211; Winnings from lottery or crossword puzzle, etc.<\/li>\n<li style=\"list-style:disc;\">194BB (30%) &#8211; Winnings from horse race.<\/li>\n<li>194LC (2)(i)&#038;(ia) &#8211; (5%) Payment of Interest Income by the Specified Company or business trust to a<br \/>\n\t\tNon-Resident<\/li>\n<li style=\"list-style:disc;\">194LC (2)(ib) &#8211; (4%) Payment of Interest Income by the Specified Company or business trust on rupee<br \/>\n\t\tdenominated bond \/ any long-term bonds (issued on or after April 1, 2020 but up to June 30, 2023) to a<br \/>\n\t\tNon-Resident.<\/li>\n<li style=\"list-style:disc;\">194LC (2)(ic) &#8211; (9%) Payment of Interest Income by the Specified Company or business trust on rupee<br \/>\n\t\tdenominated bond \/ any long-term bonds (issued on or after July 1, 2023) to a Non-Resident.<\/li>\n<\/ul>\n<figure class=\"wp-block-image\">\n\t<img decoding=\"async\" src=\"https:\/\/www.hostbooks.com\/in\/wp-content\/uploads\/2023\/10\/hbtds-added-newsect-inform-27q-one.jpg\" alt=\"hbtds-added-newsect-inform-27q-one\" class=\"wp-image\"><br \/>\n<\/figure>\n<figure class=\"wp-block-image\">\n\t<img decoding=\"async\" src=\"https:\/\/www.hostbooks.com\/in\/wp-content\/uploads\/2023\/10\/hbtds-added-newsect-inform-27q-two.jpg\" alt=\"hbtds-added-newsect-inform-27q-two\" class=\"wp-image\"><br \/>\n<\/figure>\n<figure class=\"wp-block-image\">\n\t<img decoding=\"async\" src=\"https:\/\/www.hostbooks.com\/in\/wp-content\/uploads\/2023\/10\/hbtds-added-newsect-inform-27q-three.jpg\" alt=\"hbtds-added-newsect-inform-27q-three\" class=\"wp-image\"><br \/>\n<\/figure>\n<p><strong>Added New Section &#8220;206CT (5%) &#8211; Remittance under LRS for medical and education purpose&#8221; in Form 27EQ<br \/>\n\t\tDeduction entry and Excel Template. <\/strong><\/p>\n<figure class=\"wp-block-image\">\n\t<img decoding=\"async\" src=\"https:\/\/www.hostbooks.com\/in\/wp-content\/uploads\/2023\/10\/hbtds-added-newsect-206ct-one.jpg\" alt=\"hbtds-added-newsect-206ct-one\" class=\"wp-image\"><br \/>\n<\/figure>\n<figure class=\"wp-block-image\">\n\t<img decoding=\"async\" src=\"https:\/\/www.hostbooks.com\/in\/wp-content\/uploads\/2023\/10\/hbtds-added-newsect-206ct-two.jpg\" alt=\"hbtds-added-newsect-206ct-two\" class=\"wp-image\"><br \/>\n<\/figure>\n<p>We&#8217;re always excited to hear from you! If you have any feedback, questions or concerns, please email us at: <a\n\t\thref=\"mailto:qa@hostbooks.com\" title=\"Email Us\">qa@hostbooks.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Incorporated the New FVU version 8.3 and added \u201cAdvance Tax\u201d option in Challan creation and added New Sections in Form 26Q, 27Q and 27EQ.<\/p>\n","protected":false},"author":1276,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9296,9291],"tags":[],"yst_prominent_words":[3223],"_links":{"self":[{"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/posts\/17377"}],"collection":[{"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/users\/1276"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/comments?post=17377"}],"version-history":[{"count":5,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/posts\/17377\/revisions"}],"predecessor-version":[{"id":17393,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/posts\/17377\/revisions\/17393"}],"wp:attachment":[{"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/media?parent=17377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/categories?post=17377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/tags?post=17377"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/yst_prominent_words?post=17377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}