In the current era, everyone wants to complete work easily, accurately and in less time. Even tax professionals need income tax software to easily file income tax returns, advance tax calculations and other compliances of law. Chartered accountants are working with effective software rather than completing work manually. There are various software available in the market with different capabilities. The selection should be based on the grounds of work needed to perform. Now let us discuss about the most beneficial software that CAs can use for their official tasks related to income tax

1. Saral tax

Saral tax office is a complete taxation software for a tax practitioner. It automates all activities related to tax compliance and back office. This is a recommended TDS software. Bulk return filing and bulk checking of status for the filed return can be done. Here are some key features of Saral tax which makes it a top priority-

• Tax forms

• Tax filing

• Client management

• Data import/export and upload large amount of data

Price- 8500 –9000 INR for multiuser

Rating- 4/5

2. Winman

This software is a bunch of tools such as balance sheet tool, Form 3CD filing utility, and billing tool etc. This software gives warning when data entry is incomplete, and any E-filing is due. Key features are as follows-

• Easy filing of returns and detailed MIS reports

• For security purpose this software has backup options

• All information related to tax for a business can be kept in a ledger

Price- monthly and yearly subscription available

Rating-4.6/5

3. Gen IT

This software can manage tax calculations, self-assessment tax, advance tax, interest calculations easily. The toll is made to meet success mantra “for those who cannot afford to make errors which elaborates Gen IT perpetually. More than 50000 clients have been using this for more than a decade. Key features are as follows-

• It has a facility to preview ITR forms schedule wise

• More bank options available for e-pay tax

• Mail facility for numerous clients in summarized report format

• Detailed calculations for tax and interest

Price-installation INR 6000 and Updation 3500 INR

Rating-4.9/5

4. Clear Tax

Their “TaxcloudIndia” software has experts' assistance which can simplify your return filing process and maximize your savings. It provides a service for preparing account summaries, P&L statements, and balance sheets, making sure that financial records are accurate and organized. Some of the best features of this software are as follows-

• You can file ITR with this software in a very short period of time.

• Automatically select suitable income tax form

• Quickly adjust advance tax payments

• Filing facility for three people at the same time.

Price- No Information

Rating-4/5

5. Webtel Income Tax Software

This software provides the facility to digitally sign income tax return forms and others. Webtel provides easier calculation of income tax, MAT etc. Also, this software helps easier computation of total income, interest under section 234A, 234B, 234C, late filing and deductions. Here are some of the key features of this software-

• Tax audit report creation in form 3CB, 3CD.

• Import form 26AS directly into the software.

• You can digitally sign ITR forms and other utilities.

• Data backup and restoration facilities are also available.

Price-3400-6800 per year

Rating-3.7/5

6. Hostbooks ITR Software

you can access income tax return filing software services anytime, anywhere. It also provides a validation facility. This software has the feature of income tax return upload and e-verification which makes you directly go to the e-filing website. It is easy to furnish return by easily logging into the e-filing of the website. Some of the best features of this software are-

• XML validation, generation and download process.

• Redirecting to the income tax e-filing website, uploading ITR and E-Verify.

• From one head auto mapping to another head.

• You can download ITR- V, acknowledgement and other ITR forms

Price-12499 INR

Rating-4.5/5

7. Compu tax ITR Filing Software

Compu tax is a well-known software among the CAs. It makes the preparation and furnishing of the returns simpler. You can execute PAN verification in a simple way. We can say that it is a full package for chartered accountants through the assistance of which they have to put lesser manual efforts and obtain automated environment. This software includes the following features-

• You can check status of bulk return

• DSC registration

• Automatically control notifications and other communications delivered to your mail • Generate EVC by linking Adhar with PAN

Price-INR 4500 per year

Rating-4.5/5

8. Taxraahi

“Taxraahi ITR is an online business companion for filing ITR in India for free.IT is one of the top portals for ITR filing. At taxraahi , you can file a business income return ITR 4, ITR 4S in less than 20 Mins. It is a complete Income tax software which is designed to serve startups, SMEs and agencies. It is compatible with desktop. Its key features are as follows-

• You can directly import form 16

• No storage space is required

• IT also has chat support

• You can get tax calculations easily.

Price- Starts at 1190 INR

Rating - 4.2/5

I hope the above discussion will help you to get information about software which can make your work easy, and every professional can do their work in minimum time with less manual effort.

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