Gen Income Tax
GenIT, the simplest and opportune software for computing Income tax ,Advance tax, Self assessment Tax, Interest calculation u/s 234 A,234 b,234 C. The tool is developed to meet with our success mantra “For those who can't afford to make errors” which elaborates GenIT perpetually. The software is made with perfection to prepare return and has the capability of e-filling to upload returns directly from the software.
- We provide facility to our users for calculating Income Tax from Assessment Year 2000-01 onwards, with taking care of Chapter VI A-Deductions, Relevant Rebates on arrears, adjustment of brought forward Losses, Unabsorbed Depreciation, and Clubbing of Minor's Income and Income of Spouse.
- Automatically prepare Return Forms ITR-1 to 7 with Auto selection of ITR as per the status and head of Income of Assessee along with selecting ITR Filling Sections according to period.
- Easy Online processing facilities including Log-in like update contact details, View and download return forms, with Acknowledgment and XML files, Revise and rectification upload and View their Status.
- Bulk contact detail verification @ITD portal. By which you can verified the detail for income tax.
- Various Reports are also generated by software like Assessee whose PAN /TAN is Pending, Whose Returns are pending, Refund Status, date-wise Report of return filing is Pending.
- Preparation of Form 49A & Correction Form of 49A as well as online submission of the same.
- Transfer the Master Data of Client from any software through XML and Excel format.
- Auto carry forward facility of Losses, NSC, KVP data to next Assessment Year(s) from previous years.
- Facility to Calculate Advance Tax as per previous year figures or data inserted in Current Year.
- In case of Arrear Received, software provides facility to calculate relief on it and Form 10E will be prepared by it automatically.
- Search [ITR ACK.No] - To view the return filling of any person you can use this option by simply inserting its acknowledgment number.
- Easy preparation and e-Payment of Tax Challans-280,281,282 with Verification.
- To see bulk transactions and impact of them on income, there are separate Statement of Capital Gain is provided in Tabular Format.
- Auto calculation of Interest u/s 234A, 234B & 234C.
- Reverse Tax Calculator.
- Auto Import of 26AS Statement so that user doesn't need to enter manual entries of TDS and TCS.
- Adjustment of losses according to head of Incomes.
- Maintaince of Depreciation Chart in both ways as per Income Tax and books.
- MAT Credit, AMT calculations and auto utilization of credit.
- Our software provides linking to the Income Tax Department official Goverment Website and you can download ITR( Income Tax Return) in xml and pdf Format and acknowledgement of ITR, receipt of ITR
- Upload E-return by using web Services - It is an easy way to upload ITR without inserting Captcha each time and waiting for log in.
Gen Balance Sheet / 3CD
Our Balance Sheet Software is perfect for those who want to save time. Trial Balance can be imported from different accounting software’s like Tally, Busy etc. and automatically Profit and Loss Account and Balance Sheet get prepared. 3CA/CB can be filled from here and uploaded online. All other audit forms are also available. Specimen of Fund Flow and Cash Flow Statements can avail. Annual Return of Companies can be prepared. There is a facility to calculate Depreciation as per IT Act, Companies Act & Fixed Asset Chart and registers can also be prepared.
- Facility to Import Data Directly from Tally 4.5 / 5.4 / 6.3 / 7.2 / 9.0, MS-Excel and many other Softwares like Busy, NAC, TATA Ex, Focus.
- Enter Trial Balance and Get Balance Sheet, Profit & Loss Account, Trading Account, Schedules and Lists.
- Preparation of Balance Sheet, P & L and Notes to Account as per amended Schedule VI of Company Law & ICAI Guidance Notes.
- Facility to Import Data Directly from Tally.
- Tax audit report is as updated according to ass.year 2014-2015. You can import the data of tds directly in our software. Or if you not using our tds software you can import data through our( import/export) excel sheet option.
- User can input data of two years in Balance sheet & P & L at a same time.
- User can change the format of the items of the Notes on Accounts.
- Facility of Horizontal & Vertical (As per Schedule VI) formats of Balance Sheet and Profit & Loss account.
- Facility to draw Trading Account in Columnar Format with Quantitative Details.
- Preparation of Reports viz. 3CA, 3CB, 3CD with Annexures, Company Auditors Report, CARO, Notice, Director Report, Notes on Accounts. Miscellaneous Certificates.
- User can input 2 years Trial Balance data at a time.
- Facility to Calculate Defer Tax Liability / Assets as per AS-22.
- Specimen of Qualification in Auditor Report, Notes on Accounts and Accounting Policies. Cash flow and Fund flow (as per AS-3).
- Preparation of Balance Sheet Abstract.
- Preparation of Annual Return of Companies.
- Merge different Trial Balance to single Balance Sheet.
- Facility to Calculate Depreciation as per IT Act and Companies Act & also prepares Fixed Asset Chart and Register.
Gen CMA / EMI
Prepares CMA Data, Calculation of MPBF as per Tondon and Nyar Committee, EMI and Rate of Interest Calculations. Present Value & Maturity Value Calculations.
- Facility to Calculate day to day and simple interest. It is useful for calculation of Partner Interest, OD and CC A/c Interest.
- Calculations of MPBF as per Tondon and Nyar Committee.
- EMI and rate of Interest calculations. present value & maturity value calculations, FDR & Panel Interest Calculation and Converter Tool for various measurement units.
100% acceptance of TDS Correction Statements during 1st & 2nd Quarter of F.Y. 2012-2013! Make your e- TDS/TCS return filing easy by using our GEN e- TDS. Direct login to Traces CPC and NSDL. A quick view of intimation is provided. Our software is included in the list of software provided by NSDL. All the forms of lower deduction are available. All India PIN Codes, ISD Codes, TIN FCs, TAN/PAN AO Codes, Bank BSR Codes, Service Tax Ranges, MICR & IFSC Codes are available.
- Bulk contact verification - One can use this facility to directly verify PIN from reading it by accessing mail id.Or one can create alias and forward mail on a single mail id by mail set up.
- Online TDS/TCS e-return uploads (TIN-NSDL).
- e-TDS return and Calculation of Tax can also be prepared
- Generating e-filling of Returns by single input 24Q, 26Q, 27Q, 27EQ with proper validations.
- Prepare Correction Statement of Returns.
- Online Filing of TDS/TCS Return are available for Assessment Year 2003-04.
- User can Prepare Annual Return in Form 24, 26, 27, 27E, Quarterly Return in Form 24Q, 26Q, 26QA, 27Q, 27EQ, Certificates in Form 12BA, 16, 16AA, 27D & 27A, 27B.
- Generation of TDS/TCS Certificates (Form 16, 16A, 27D) for all the Employees/Deductee in PDF Format, signed with Digital Signature (optional) with facility of Email.
- Preparation of TDS/TCS Book Adjustment Form (TBAF) and through Challan.
- Calculation of annual taxable salary after giving effect of deduction under Chapter VIA.
- Request download - One can easily download all requests which had done on TRACES website like consolidated file, Justification Report, 16& 16A forms etc.
- Facility to calculate amount of monthly TDS, to be deducted in case of Salary.
- Forms are available like 13, 15C, 15D, 15G, 15H, 15I, 15J in case of Lower Tax Deduction or no deduction.
- Online filing of 15CA/15CB according to new Schema with both XML generation facility and direct upload.
- Education Cess and Secondary and higher education Cess will be auto calculated according to TDS amount.
- Import / Export data from MS-Excel Files / Text File/ FVU File.
- Various reports can be generated by the software in single or bulk mode like Continuous Printing of Certificates, Challan wise Details, Deductee wise Payment (Summarized and Detailed), Certificate Issue Register, List of Clients not having PAN and Address.
- Included in the list of “Software Providers” by NSDL. ( “SAG published its excellence on 100% acceptance of TDS correction statements filed using our software Genius and Gen e-TDS during I and II Quarter of F.Y. 2012-2013”).
- Online Filing of fresh PAN application and correction statements for residents and non-residents
- Online e-Payment of tax Challans direct through software and Challan Verification as well.
- Bulk PAN Verification Facility.
- Request and download facility of justification Report.
- Auto downloading of form 16/16A from Traces.
- Auto calculation of Interest and late fees.
- Online TDS/TCS E-return upload - Firstly Register your DSC andthen upload your TDS/TCS returns and consolidated statement online by easily using this option in our software.
- Online requested download @ trace login.
- We provide you the option requested download @ trace login.
- 1) This option provides you the simple way of download the all those request you put on trace website.
- 2) Online TDS/TCS e-return upload (TIN-NSDL) This option gives you the facility to login as a admin or as a user and also apply for the registration.
Gen Service Tax
Preparation of Form St-1,3,3A,4,5,6,7,TR-6,ASTR-1,2. Service Tax Credit Return, Auto Interest Calculation. All India Range Codes. Auto Calculation of service Tax Credit on Input Services, Input Service Distributor and Capital Goods. User can Billwise Details and maintain CANVAT Credit Register as per required by Law. Online challan ePayments.
- Preparation of Form ST-1,3,3A,4,5,6,7, ASTR-1,2.
- Report of Pending or Filed ST-3 Return.
- Preparation of Service Tax Credit Return.
- Auto Interest Calculation.
- Auto Service Tax Calculation.
- Service Category Master with Accounting Codes.
- All India Range AO Code with Commissionarate, Division and Bank & Nodal Bank BSR Codes.
- Form of Permission to File ST-3 Electronically.
- Printing of Challan GAR-7 as well as ePayment online.
- User can prepare ST-3 Service wise of a Client.
- Preparation of Additional Information to be submitted with Service Tax Return.
- Auto Calculation of Service Tax Credit on Input Services as well as Capital Goods.
- User can input Billwise detail and maintain credit register as per required by Law.
Gen Form Manager
Here about one thousand forms, including Affidavits, Agreements, Arbitration, Bonds, Company Law, Compromise and Settlements, FEMA, Foreign Collaboration, Gift, Hire Purchase, Income Tax, Indemnity, Lease and License, Mortgage and Pledge, Notices, Partition, Partnership, Power of Attorney, Sale, Service Tax, Wealth tax, Will, Excise is available. Along with these, specimen of Companies including minutes, resolutions, notices, facility to make changes in original forms and create new forms, facility of automatic picking of master data in Forms is also available.
- Affidavits :: Agreements :: Arbitration :: Bonds :: Company Law :: Compromise and Settlements :: FEMA :: Foreign Collaboration :: Gift :: Hire Purchase :: Income Tax :: Indemnity :: Lease and License :: Mortgage and Pledge :: Notices :: Partition :: Partnership ::Power of Attorney ::Sale :: Service Tax :: Wealth Tax :: Will :: Excise.
Specimen of Companies
- Minutes :: Resolutions :: Notices :: Facility to Make changes in Original Forms and Create New Forms :: Facility of Automatic Picking of Master Data in Forms