Taxes are either paid in form of TDS i.e. tax is deducted when the income is earned or in form of Advance taxes wherein a person assumes his tax liability in advance and makes a quarterly payment on estimation basis. If any balance tax is unpaid at the time of filing of return then it is paid as Self-Assessment Tax.

Rather than displaying countless fields with an official looking Excel/Java utility of Govt. that contains limited descriptions - one has to keep looking for set of instructions to understand what is to be entered in each column our ITR Software is extremely intuitive and easy to understand.

Simplifying taxes for you: We have broken down the complex process of filing income tax return into a series of tabs/windows where you are asked questions in an interview style so that you do not miss out on important forms or schedules. Rather than flooding you with irrelevant and less common questions. TaxRaahi software makes sure that you are asked questions that are likely to be applicable to you. You can choose in the beginning which section you want to work on and eliminate the sections not applicable to you. Our software also places help tooltips against questions making it a less confusing and time saving solution for filing income tax return.

Fully Automated: While you are answering simple questions about your income and expenses our software automatically computes and prepares your tax return in the background. It is software well suited for both first time and experienced fillers who are looking for affordable options to file ITR Return. We offer plans suited for those as well who want to file ITRs in bulk.

Importing Feature: You can import Form 16 PDF format & automatically fill in the tax fields, eliminating the need to punch in data manually. You can also import form 26AS automatically from our software to match the tax credit entries and thus saving time in filing your return.

User Friendly: It has a clean interface with a step by step process also letting you easily navigate back and forth unlike the cluttered and confusing government utility. Questions are simply worded with tooltips and suggestions on how to answer.

Excellent Customer Service: To assist you we have a customer support team to provide assistance on both chat and phone, learn section with 100+ articles and guides. If you find that your financial information is too complex you can consult our tax professionals and Buy our CA-Assisted plans to file your Income Tax Return.

Return filing at TaxRaahi is free upto 10 returns. You can file return thereafter for a price as low as Rs. 19.

No you are not required to upload the xml manually on ITR e-filing website. Our software is fully integrated with efiling government portal. Hence your complete return filing process can be completed with our software.

Yes, you can import Form 16 in PDF format which automatically fills in the fields for you eliminating the need to punch in information manually. You can also import form 26AS automatically from our software to match the tax credit entries and thus saving time in filing your return.

While you are answering simple questions about your income and expenses our software automatically computes your taxes and prepares tax return in the background. You can review you income tax return in Review and Submit Tab. You can navigate back to add, delete or modify info.

The type of return form in which you should file your return varies as per the category of Assesse. For Individuals/HUF: ITR-1, ITR-2A, ITR-2, ITR-3, ITR-4S, and ITR-4

ITR 1: Salaried Individuals not having capital gain, income from Business or professions, income from more than one house property and income from maintaining and owning race horses.

ITR 2: Salaried individual not having income from business or profession.

ITR 3: An individual who is a partner in a firm not having income from sole proprietorship business.

ITR 4: An individual having income from business or profession.

ITR 4S: An individual opting for Presumptive Taxation Scheme.

For Company: ITR-6, ITR-7

For Other than Individuals and Company: ITR-5 (AOP, BOI, LLP, Co-Operative Society, LLP, Local Authority etc.) You can file ITR 1, ITR 2, ITR 3, ITR 4 and ITR 4S with Taxraahi income tax software. On the basis of incomes entered by you the type of ITR to be filed is automatically determined.

To give relief to small businessmen and professionals government introduced presumptive taxation scheme that exempts the assesse opting for it from the tedious task of maintaining book and accounts. Our software with few simple questions evaluates your eligibility for Presumptive Taxation scheme and shows you relevant forms only. On completing the questions your return will be filed in ITR-4S.

Gross turnover means amount received or due to be received for supplying goods or services before deducting any expenses.

Person who are carrying on business that is eligible for presumptive taxation scheme and whose turnover does not exceed 2 crore can opt for presumptive taxation scheme. Such persons will have to declare 8% or a higher percentage of gross turnover or gross receipts as taxable income. No expenses will be allowed further. This amount will be chargeable to tax under the head “Profits and gains of business or profession”. Assesse can declare profits higher profits but it cannot be less than 8% of gross turnover.

Section 44ADA has been introduced in Budget 2016 to give much awaited relief to professional from maintaining books and filing ITR-4. As per section 44ADA a person who is a Indian Resident and is engaged in the professions specified in section 44A(1) such that gross receipts during the financial year does not exceed 50 lakhs ( AY 2017-2018) can declare income under presumptive taxation scheme. Following is the list of eligible professions listed under section 44A (1):

Professionals who opt for presumptive scheme is not required to maintain books of accounts. If gross receipts of tax payer from profession exceed the prescribed limits then he is not eligible for this scheme.

Section 44AD: Taxpayers who are engaged in business (other than plying, hiring or leasing of goods carriage) and whose gross turnover/receipts during a financial year does not exceed 2 crore.

Section 44ADA: Taxpayers who are engaged in profession and whose gross receipts during a financial year do not exceed 50 lakhs.

Section 44AE: Taxpayers who are in the business of Plying, hiring or leasing of goods carriages not owing more than 10 vehicles.