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Oracle Fusion Cloud HCM for India: Payroll Legislative Announcement on Form 138 (Q1 to Q3)

Summary:

This announcement summarises the changes introduced in version 1.2 of the Form No. 138 file format for Q1 to Q3 and outlines the actions customers must take before filing their Q2 returns using Oracle Fusion HCM Cloud.

Content (please ensure you mask any confidential information):

The Tax Information Network (TIN) has published version 1.2 of the file format for Form No. 138 for Q1 to Q3. The key changes from the previous version are outlined below.

1. File Header Record

  • File sequence number. File Sequence No. now has a specified size of 9; the size was previously blank.

2. Challan Detail Record

  • Interest Allocation. Filler 1 is now ‘Interest Allocation’, a mandatory integer field with a size of 15. Whole amounts must include two decimal zeros, for example 1000.00. The value must match ‘Total Interest’ in challan detail record.
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