STO - Income Tax software is designed to fully automate the process of Tax Computation and Return preparation. It comes along with ITR software for Indian income tax returns [online filing].

The software is designed by professionals, developed by high technology programmers and tested by Practicing Chartered Accountants and Tax Consultants throughout the country. It automates all the income tax activities towards computation and reporting. It has been flexible enough through the usage to enable/disable automatic computations at several stages. This makes it fit for different cases in India.

The government of India imposes an income tax on taxable income of individuals, Hindu Undivided Families (HUFs), companies (firms), co-operative societies and trusts. The Income Tax department is governed by the Central Board for Direct Taxes (CBDT) and is part of the Department of Revenue under the Ministry of Finance.

1. Generate ITR forms directly from computation.
2. Tax Computation for all 9 Status of Assessees Such As, Individual, Firm, HUF, Company, Trust, AOP, BOI, Local Authority.
3. Coverage of NRI calculations
4. eReturns for all the forms specified by CBDT.
5. Statutory forms and Reports covering all requirements towards Income Tax Returns
6. Exhaustive MIS and additional reports, with optional annexure concept.
7. Automation in each and every stages of calculation, with descriptive listings.
8. Direct-Data-Reference from/to related modules such as Balance Sheet, Audit Reports, FBT, etc

1. What is the need for income tax Software?

The process of Income Tax Computation and Return preparation for filing income tax is tedious process. Income tax software makes this process easier.

2. What is Saral IncomeTax?

Saral IncomeTax is unique Taxation package. Saral IncomeTax is user friendly yet, an exclusive package for taxation solutions. The package also helps in generating various reports.

3. Why Saral IncomeTax?

There are many income tax software’s in the market today. Where, if the software is good in its compliance, it falls short in interface. As a result, it is hard to satisfy a customer in full. But then, it is difficult, but not impossible.
Relyon Softech Ltd has taken this great challenge and after a long research has come out with a rich domain experience in the fields of Taxation and has made this dream product possible. The major advantage in selecting Saral IncomeTax as the income tax solution is that the Income Tax Formalities etc. are updated to the customer periodically which is not done by many other taxatation firms. The software from Relyon has its continuity from its birth place periodically through Updation etc.

4. Is there a Trial version to feel the Saral IncomeTax? What would be the deadline for a Trial version?

The Trial version of the “Saral IncomeTax” can be used with all its features on a trial basis, but user cannot generate an e-return and also reports generated will have watermarks.

5. What is the Development Environment of Saral IncomeTax?

6. What are the Hardware and software Requirements to run Saral IncomeTax? 

Hardware Requirements

• RAM Minimum 128 MB. Recommended 256 and above
• VGA monitor, SVGA monitor recommended
• 2 GB or above free hard disk space
• CD/DVD-ROM drive or Internet connection for Software Installation
• Minimum Resolution 800 X 600. Recommended 1024 X 768

Software requirements

• Office 97 or later. (For Word and Excel Reports)
• Internet Explorer 5.1 or above
• Dot Net (.Net) framework 2.0
• Operating system - Microsoft Windows 98/2000/2003/NT/Me/Vista

7. What is the default backend of Saral IncomeTax?

Program comes with default Access Backend. If any other backend is required, user needs to install Licensed Version MS SQL 2005.

8. What are the Features of Saral IncomeTax? 

Income Tax Software comes with vast features for the varying requirements of Tax Practitioner.

• Generate ITR forms directly from computation.
• Tax Computation for all 9 Status of Assessees Such As, Individual, Firm, HUF, Company, Trust, AOP, BOI, Local Authority, and Artificial Judicial Person.
• Coverage of NRI calculations
• e-Returns for all the forms specified by CBDT.
• Statutory forms and Reports covering all requirements towards Income Tax Returns
• Exhaustive MIS and additional reports, with optional annexure concept.
• Automation in each and every stage of calculation, with descriptive listings.

9. What are the various income that are taxed

The various incomes that are taxed are

• Income from Salary
• Income from House property
• Income from business/profession
• Income from Capital Gains
• Income from other sources (interests, winning from games, lottery,
• Betting, crossword puzzles, gambling etc….) 

10. How do I receive the Latest Information?

Website and through dealers

11. How to use IncomeTax Software?

“Saral IncomeTax” software is user friendly. To know more details regarding how to use “Saral IncomeTax” please refer help files.

12. What are the different forms and reports provided in Saral IncomeTax?

Income Tax Software comes with vast features for the varying requirements of Tax Practitioner.

• Generate ITR forms directly from computation.
• Tax Computation for all 9 Status of Assessees Such As, Individual, Firm, HUF, Company, Trust, AOP, BOI, Local Authority.
• Coverage of NRI calculations
• e-Returns for all the forms specified by CBDT.
• Statutory forms and Reports covering all requirements towards Income Tax Returns
• Exhaustive MIS and additional reports, with optional annexure concept.
• Automation in each and every stage of calculation, with descriptive listings.

13. What are the different methods used in Saral IncomeTax to calculate the income tax under head “Salary”?

• Income tax under head “Salary” can be calculated in Saral tax office by following 4 methods:
  • Salary Certificate
  • Form 16
  • yearly type entry
  • Monthly type entry

14. If I want to do the calculation manually does your software supports this option?
    • “Saral IncomeTax” is very flexible and user friendly, user can do the calculation manually to compare the result with the automated result.
15. Is there any option for FBT?
• Yes

14. Can i generate the Bulk Challans?

• In “Saral IncomeTax” option is provided for bulk challan generation. User can enter all the challan details at a stretch, later they can generate all the challans.
15.  What are the benefits of Saral IncomeTax?

• Tax Calculation.
• Definitions and Allowances exemption calculations for all the allowances provided like, House Rent Allowance, Conveyance, etc.
• Definitions and Perquisites exemptions calculation for all the perquisites.
• Business Depreciation Calculations.
• All deductions under Chapter VI A, including 80C, 80G, 80GG, etc.
• Capital Gains automation with indexations, STT, etc.
• NSC Interest Calculations.
• Tax at special rates.
• Rebate U/s 88E [STT]
• Relief and Arrears with compensations, gratuity, etc.
• House Property GAV determination, Interest, etc.
• Presumptive incomes U/s 44AD, 44AE and 44AF.
• Partnership incomes and linking to their individual files.
• Interest Calculations for delayed Filing [234A], Advance Tax Payment [234C] and Self Assessment Tax Payment [234B] [With Editable options].
• Exemptions calculations for all the stages, such as for Capital Gains, P & L, Other Sources, etc.

• Tax Calculation.
• Definitions and Allowances exemption calculations for all the allownaces provided like, House Rent Allowance, Conveyance, etc.
• Definitions and Perquisites exemptions calculation for all the perquisites.
• Business Depreciation Calculations.
• All deductions under Chapter VI A, including 80C, 80G, 80GG, etc.
• Capital Gains automation with indexations, STT, etc.
• NSC Interest Calculations.
• Tax at special rates.
• Rebate U/s 88E [STT]
• Relief and Arrears with compensations, gratuity, etc.
• House Property GAV determination, Interest, etc.
• Presumptive incomes U/s 44AD, 44AE and 44AF.
• Partnership incomes and linking to their individual files.
• Interest Calculations for Delayed Filing [234A], Advance Tax Payment [234C] and Self Assessment Tax Payment [234B] [With Editable options].
• Exemptions calculations for all the stages, such as for Capital Gains, P & L, Other Sources, etc.

• Income Tax Returns [ITR] - Paper Return as well as XML
• Form 10E, Form 16, etc for specific cases.
• Tax Computation Report [in both Annexure and Annexure-less format]
• Capital Account and Statement of Affairs.
• Refund Status Report.
• Return Filing Report.
• Payment of Taxes Report [Advance Tax, Self Assessment Tax, etc].
• Report on Shares and other Securities under Capital Gains.
• Report on TDS/TCS
• Relief Calculation Report
• Interest Calculation Report
• NSC Calculation Report
• Report on Total Income, Tax Liability, Taxes Paid, Interest and Balance Payable.
• Exemptions Claimed Rreport.
• Various additional MIS reports