ICAI launches Software on Web based ITR & TDS Return Preparation for Practising Chartered Accountants & CA Firms

The Committee for Capacity Building of Members in Practice (CCBMP) of the Institute of Chartered Accountants of India ( ICAI ) has arranged the ‘Tax Cloud’ software on Web based ITR & TDS Return Preparation for Practised Chartered Accountants & CA Firms of ICAI. The aforesaid software is free of cost for 2 financial years to the Practitioners & CA Firms. Please visit the website http://taxcloudindia.com, for web based IT return & e-TDS return.

The aforesaid software enables Income Tax Return and TDS Return preparation, provides all types of assesses support including Individuals, HUFs, Firms and Companies, calculates Income Tax under all heads such as Salary, House Property, Capital Gain, Business and Profession, Other and Exempt Income Heads, generates detailed computation of Income Tax Returns, PDF for paper filing and XML for e-Filing, automatic data backup every night for CAs for cloud servers

Features

• Onboarding clients – You can onboard all your clients by uploading single XML file
• Updated according to Government schema – The platform has been updated with the option to provide full salary break up details according to the Government schema.
• Automatic import of Form 26AS – The software is built for efficiency. To lessen workload for you, it automatically imports all data from Form 26AS.
• Automatic capital gains calculation – You need not manually calculate capital gains for every client. Once you upload the software identifies under which ITR every client should be filed and automatically calculates capital gains.
• Multiple users under one login – More than one user can use the software simultaneously at any given point of time.

TaxCloud software uses bank grade security – 128-bit SSL.