Income Tax Return is a Statutory obligation in India for the assesses, as defined in Indian Income Tax Act, 1961. From year 2006-07 AY, Filing IT-Returns have been made provision in electronic format [e-filing]. This efiling of IT Returns have been made compulsory from AY 2007-08 for Companies and all other assessees coming under audit [U/s 44AB] [Excluding Trusts]. For this reason department has prescribed new series of forms ITR-1 to ITR-8.
ITR Software of Saral TaxOffice makes the process of preparing ITR, simple. STO - ITR Software is linked with STO - Income Tax Software, Balance Sheet, etc to get the data directly from those. User can also directly make the entry over here and generate the Returns either on paper or in XML.
The software has been developed with continuous coordination with Directorate of Income Tax [DIT], New Delhi. It has been also tested and verified with Income Tax efiling website, www.incometaxindiaefiling.gov.in.
The software is made to handle unlimited number of Assessees for ITR generation, Including ITR-1 / ITR-2 / ITR-3 / ITR-4 [For Individuals and HUF], ITR-5 [For Firms, AOP, BOI, Local Authority, Artificial Juridical Person], ITR-6 [For Companies], ITR-7 [For Trusts] and ITR-8 [Return of FBT for Assessees not required to file IT Return].
It generates XML return of all ITR forms [except ITR-7] as per the DTD schema provided by Income Tax Department. It also generates Paper-Return [Hard Copy] of ITR for manual filing of Income Tax Returns as per formats specified. |