eTDS Software: e TDS Return Filing Software Download Mumbai India

Professional Income Tax (IT) Returns eFiling Software

 

 Largest Selling IT Returns Software - eForm Expert

 
 
e tds software india, e tds software download, e-tcs, etcs, etds software download, etds return, etds payments, etds return filing
Download eForm Expert
Software Demo

File Size: 27.5 MB

 
Tax Forms, IT Returns Software, Professional Income Tax Software, eFiling taxes, efiling tax returns software, tax filing, efiling taxes
 
Key Features
  • eForm Expert is software designed for Preparing Income Tax Return [ITR] for e-Filing of ITR 1,2,3,4,5,6,7 & 8.
  • Prints acknowledgment & verification in Form - V
  • User friendly Input screens with field level validation
  • Automatic calculation based on user input
  • Different sheets for each part of the return with cross linking of values
  • Validates & prepares electronic return in XML format at one click
  • In-built validation, as per XML Schema of department
  • Print challan 280 & Challan 283
  • Prepares hard copy return
  • Supports unlimited companies
  • Auto update facility to accommodate any changes from time to time.
Tax Forms, IT Returns Software, Professional Income Tax Software, eFiling taxes, efiling tax returns software, tax filing, efiling taxes
I.T.R. - 1 I.T.R. - 2 I.T.R. - 3
I.T.R. - 4 I.T.R. - 5 I.T.R. - 6
I.T.R. - 7 I.T.R. - 8 I.T.R. - V
XML Format Income Tax Returns

Income Tax India

The Indian 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.

The government of India imposes an income tax on taxable income of individuals, Hindu Undivided Families (HUFs), companies, firms, co-operative societies and trusts(Identified as body of Individuals and Association of Persons) and any other artificial person. Levy of tax is separate on each of the persons. The levy is governed by the Indian Income Tax Act, 1961.

Charge to Income tax

Income tax is a tax payable, at the rate enacted by the Union Budget (Finance Act) for every Assessment Year, on the Total Income earned in the Previous Year by every Person.

The chargeability is based on the nature of income, i.e., whether it is revenue or capital. The principle of taxation of income is: -

1. All revenue incomes are chargeable to tax unless it is specifically exempt (declared as not taxable).
2. All capital profits are not chargeable to tax unless specifically made chargeable.

Residential Status

The inclusion of a particular income in the Total Income of a person for income-tax in India is based on his residential status. There are three residential status, viz., (i) Residents (or) Resident & Ordinarily Residents (ii) Resident but not Ordinarily Residents and Non Residents. There are several steps involved in determining the residential status of a person

All residents are taxable for all their income, including income outside India. Non residents are taxable only for income received in India or Income accrued in India. Not Ordinarily residents are taxable in relation to income received in India or income accrued in India and income from business or profession controlled from India.

Heads of Income

The total income of a person is divided into five heads, viz., taxable:

1. Income from Salary
2. Income from House Property
3. Income from Business and Profession
4. Income from Capital Gains
5. Income from Other sources