Computax Software Price List
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What is Income Tax Software? Income tax software is specifically designed for filing income tax returns in a better and efficient way. The exquisite services made available in this particular software make it easy to use and provide quicker solutions to the ever increasing income tax demand in the current economic scenario.
This particular software was initially launched by the government before the development criteria was taken over by the corresponding third party private corporations, and subsequently modified for ensuring greater accuracy and ease up of complex procedures on a massive scale. Purpose Of The Income Tax Software • The basic purpose of the software is essentially to inherit the income details furnished by the corresponding applicant, assess all the slab rates and accordingly prepare the invoice details regarding the total amount of income tax that is to be paid duly to the corresponding authority. • The software also performs filing of the income tax returns for the taxpayers whose annual income is more than 5 lacs per annum, and with the applicable rate of return, the amount from the income is deducted for the same. • This service is marked differently as per whether the assessees are an individual applicant or a business organization corresponding to the tier of the outputs they generate.
Features Of The Income Tax Software • Offers auto generation and auto filling of the filing reports for better efficiency and greater time complexity reduction. • Covers all standard slab rates coupled with the corresponding NRI calculations. • Full-fledged comprehensive yet detailed listing of every minute segment of the calculation for better efficiency and greater ease of understanding purposes. • Deep integration availability into the various other softwares specifically designed to carry out the income tax filing returns, like balance sheet software, eTDS software and the like. • A fully equipped management information system (MIS) with automatic data generation facility and availability of different annexure levels. • Easy computation of taxes for the various levels of taxpayer assesses namely local bodies, trusts, firms, companies, BOI, individuals in a perfect modulated criterion. • Direct manipulation of the available data obtained from the various other modules of tax preparation softwares, for a better functionality and ease of access.
• Detailed statutory analysis for all the incomes tax returns of the corresponding taxpayers and assesses alike. • Easy generation and filing of ITR reports online • Effectively creating bills for online payment with the necessary deductions made as per the business requirements. • Verification and rectification criteria duly handled for greater efficiency. • Incorporation of various tax planning tools to facilitate the easy manipulation of the data for adjustment of the losses incurred on the same. • Facility to calculate advance tax payments. • Backup and restore facilities for the data for the corresponding clients. • Facility for online payments without the need for mainstream filing.
Advantages of Income Tax Software • Modular calculation of the income tax returns with the deduction of various allowances as per the requirements of the given assessee. • Updated software in compliance to the revised standard business rates intended towards various calculations. • Calculation of exemptions with respect to the corresponding phase of calculation in reference to gratuity and fund allowances. • Rebate applicability and availability of special rates for some taxes. • Automation of the software is a highly advantageous concept keeping in mind the kind of and the large amount of calculations done at various levels of authority for effective tax paying maintenance.
• Effective and accurate calculation of various depreciation factors as per the regulations for the given business and industrial organizations and corporations accordingly. • Online payment facilities with the necessary deductions make less paperwork and improved efficiency and ease of execution for the same. • Real time updation of data in the main database with abstraction features availed to facilitate client wise manipulation of the data accordingly.