Create and modify documents for income tax submissions with different parameters by importing relevant data into the program supporting different forms with options for preparation of the ITR 1 to ITR 8 return files, P&L, and Balance Sheets, etc. Automated MAT calculation is also possible.
Direct E-filing facility has been provided through Zen Income Tax. User can directly upload the xml file on the Income Tax Department's site through this software.
Main features:
- Computation of Income and tax thereon taking care of statutory deductions, Set off of losses, Clubbing of Minor's income, Rebates etc.
- Computation of Foreign Company and Non Residents and Trust has been provided with detailed provisions.
Automatic as well as manual calculation of interest u/s 234A, 234B & 234C.
- Automatic Preparation of Return Forms viz. ITR 1 to ITR 8.
- P&L and Balance Sheet Items Import facility From Zen Balance Sheet Software.
- Automatic Calculation of Relief u/s 89(1) and Preparation of Form 10E.
- Automatic Calculation of MAT and Preparation of Form 29B.
- Preparation of Trading, P&L Account, Balance Sheet, Multiple Capital Account, and Statement of Affairs.
- MIS Reports viz. assesses register, Filed Return List, Pending Return List, Returns to be Prepared, Refund
- Cases List, Advance Tax Register, Advance Tax Estimation Report, and Assesses without PAN etc.
- Client-wise backup and restore facility.
