Tuesday, April 23, 2013

TaxMantra:Personalized Online Tax Return Filing Platform, efiling of income tax return for individual

Taxmantra, a taxation, company law and regulatory service provider to individuals and businesses both online and off-line medium, announced the launch its one-for-all income tax return filing platform that will cover salaried individuals, self-employed, non-residents/person of Indian origin, companies and also LLPs.

The newly launched platform does not require the user to key in information on the fully automated system to file income tax return; instead users can email their income details/documents. Based on the details, tax experts at Taxmantra.com, would prepare and file online tax return on behalf of the users. The fees for tax returns on this platform start at Rs. 218 and have various packages and plans for users, based on their case scenarios and heads of incomes.

Alok Patnia, Founder of Taxmantra.com says, “We noted a need for more personalized tax filing service, wherein we actually interact with the users while filing their tax returns, since each user would have different set of needs and issues.” A large number of users make errors while manually entering their details.

Taxmantra.com suggests that you can file your tax returns through 3 steps:

Step 1 - E-mail the documents after choosing your plan based on your income and case scenario

Step 2 - Tax Computation prepared and emailed to you for discussion

Step 3 - ITR uploaded and ITR Form, Acknowledgement emailed to you for your records.

“Individuals find automated ITR filing system complicated, as they have to punch in all their income details and as a result of which individuals end up filing return of income incorrectly, especially if they are not from finance background. We have tried to solve this problem by offering personalized return filing service at the most considered fees, keeping users completely hassle free,” says Alok.

This income tax return filing platform should be handy, especially since 31 March 2013 is the last date to file tax returns for FY 2010-11 and FY 2011-12 (without penalty).
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