Best Income Tax Software in 2025

Best income tax software includes Easyoffice, TaxCloud, CompuTax, EZTax, KDK Income Tax, and HostBooks. This income tax calculation software eases the tax of filing taxes and returns under the income tax rules of the particular region.

Pratiiek Mavani
Researched and Written by Pratiiek Mavani
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Supriya Bajaj
Reviewed and Edited by Supriya Bajaj
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Most Popular Income Tax Software

This listing showcases software based on user recommendations and popularity. It also highlights products from our valued client partnerships.

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List of 20 Best Income Tax Software

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Emergents | 2025

Product Description

TaxCycle is a comprehensive tax software designed to make filing and managing taxes easier for Canadian tax professionals. It offers a full suite of tools to handle personal, corporate, and trust returns, all with streamlined workflows and intuitive features. Read More About TaxCycle

TaxCycle Is Tailored For

StartUps

SMBs

Mid-Market

Enterprises

Features

  • Express Noa
  • Client Manager
  • Data Monitor
  • Client Letter Templates
  • T5 Slips
  • T5018 Contractor Payments
  • Pdf Import
  • T5013 Partnership
  • View all Features

Complete Tax Suite

$ 2440

Per User

TaxCycle Features and Usability-Based User Satisfaction Score

Freshness Score 10.0

Freshness Score

Out of 10

Social Score 5.0

Social Score

Out of 10

Visitor Score 4.0

Visitor Score

Out of 10

Category Champions | 2025

Product Description

Xero is award-winning, web-based accounting software for small business owners and their accountants. It is beautifully designed and easy-to-use online bookkeeping for expense management. Read More About Xero Accounting

Xero Accounting Is Tailored For

StartUps

SMBs

Mid-Market

Enterprises

Features

  • Customizable Dashboards
  • Time Tracking
  • Purchase Orders
  • Project Management
  • Multi Currency
  • Third Party Integrations
  • Data Import And Export
  • Payroll Management
  • View all Features

Starter

$ 29

Per Month

Standard

$ 46

Per Month

Premium

$ 69

Per Month

4.7
out of 5 (15 Reviews)
Features
4.7
Ease of Use
4.8
Value for Money
4.9
Customer Support
4.4
Abhishek Bisht
Account Executive

As a small organization of fewer than 10 employees, Xero proves to be a cost-effective solution for our company's requirements. It is a very easy-to-use accounting tool for anyone who is a new user. Xero provides real-time insights, which overall help in making immediate actions with up-to-date financial data. The security and compliance standards ensure up-to-date accounting standards are used.

Read all 15 Reviews

Xero Accounting Features and Usability-Based User Satisfaction Score

Rating Score 9.4

Rating Score

Out of 10

Review Score 3.0

Review Score

Out of 10

Freshness Score 10.0

Freshness Score

Out of 10

Social Score 9.5

Social Score

Out of 10

Visitor Score 6.0

Visitor Score

Out of 10

Category Champions | 2025

Product Description

This information is provided by vendor.

EasyOffice is India's best taxation software to file your income tax returns, TDS returns, and audit reports e-filing easily, and prepares CMA data reports. Trusted by thousands of chartered accountants, tax professionals, and corporate users. Read More About EASYOFFICE - A Complete Taxation Software

EASYOFFICE - A Complete Taxation Software Is Tailored For

StartUps

SMBs

Mid-Market

Enterprises

Features

  • Client Management
  • Form 16 Generation
  • Tax Payment Tracking
  • Regular Updates
  • Balance Sheet Preparation
  • Tax Planning
  • Data Backup And Restore
  • Multi User Access
  • View all Features

EASYOFFICE - Income Tax Software (Light)

$ 40

Per Year

Get Offer

EASYOFFICE - Income Tax + TDS + Audit Software

$ 138

Per Year

Get Offer

EASYOFFICE (popular) - Income Tax +TDS+Audit

$ 110

Per Year

Get Offer

EASYOFFICE - Income Tax Software

$ 68

Per Year

Get Offer
4.8
out of 5 (13 Reviews)
Features
4.9
Ease of Use
4.9
Value for Money
5.0
Customer Support
4.8
Pratha Patel
Self

Easyoffice software is one of the best in taxation. I have been using this software for 2 years. This software is really easy to use and very convenient. The best part is the customer support.

Read all 13 Reviews

EASYOFFICE - A Complete Taxation Software Features and Usability-Based User Satisfaction Score

Rating Score 9.6

Rating Score

Out of 10

Review Score 3.0

Review Score

Out of 10

Freshness Score 10.0

Freshness Score

Out of 10

Social Score 8.5

Social Score

Out of 10

Visitor Score 8.0

Visitor Score

Out of 10

Category Champions | 2025

Product Description

This information is provided by vendor.

TallyPrime is India’s leading business management software for GST, accounting, inventory, banking, and payroll. TallyPrime is affordable and is one of the most popular business management software used by nearly 20 lakh businesses worldwide. Read More About TallyPrime

TallyPrime Is Tailored For

StartUps

SMBs

Mid-Market

Enterprises

Features

  • Reporting And Analytics
  • Gst Compliance
  • Tds Management
  • Order Processing
  • Invoicing And Billing
  • Remote Access
  • Banking
  • Mis Reports
  • View all Features

TallyPrime Single User

$ 10

Monthly Subscription

Get Offer
4.6
out of 5 (398 Reviews)
Features
4.6
Ease of Use
4.6
Value for Money
4.6
Customer Support
4.5
Shailaja
Accountant

TallyPrime is best and well-suited for small to medium-sized businesses. They offer the best accounting tool for the price and are most economical and accessible for all.

Read all 398 Reviews

TallyPrime Features and Usability-Based User Satisfaction Score

Rating Score 9.2

Rating Score

Out of 10

Review Score 10.0

Review Score

Out of 10

Freshness Score 9.5

Freshness Score

Out of 10

Social Score 8.6

Social Score

Out of 10

Visitor Score 8.0

Visitor Score

Out of 10

Most Reviewed

Contenders | 2025

Powerful Income Tax Software by Relyon Softech Limited

Product Description

This information is provided by vendor.

Saral TaxOffice is a complete taxation software solution for a Chartered Accountant (CA) or any tax practitioner. It automates all the activities related to tax compliance and back office. This TDS software is recommended for individual as well as business tax practice. Read More About Saral TaxOffice

Saral TaxOffice Is Tailored For

StartUps

SMBs

Mid-Market

Enterprises

Features

  • Document Management
  • Advance Tax Calculation
  • Form 16 Generation
  • Challan Management
  • Regular Updates
  • User Friendly Interface
  • Form 26as Import
  • Balance Sheet Preparation
  • View all Features

Saral Taxoffice

$ 122

Single User

Get Offer

Saral Income Tax

$ 76

Single User

Get Offer
5.0
out of 5 (4 Reviews)
Features
5.0
Ease of Use
5.0
Value for Money
5.0
Customer Support
5.0
Anindya Mitra
OWNER

Filing made easy and super-fast, all clients in a seamless dashboard, no fear of missed cases, all data from previous years readily available, statutory deductions and exemptions automatically built-in, 0% error in computation.

Read all 4 Reviews

Saral TaxOffice Features and Usability-Based User Satisfaction Score

Rating Score 10.0

Rating Score

Out of 10

Review Score 1.0

Review Score

Out of 10

Freshness Score 7.0

Freshness Score

Out of 10

Social Score 9.0

Social Score

Out of 10

Visitor Score 8.0

Visitor Score

Out of 10

Contenders | 2025

Product Description

This information is provided by vendor.

The easiest and most comprehensive ITR filing software portal in India to plan, file, and save on taxes. 7 minutes to complete e-filing, available on both the income tax app and web. Indias 1st Form 16 photo reader and tax optimizer. Most recommended online income... Read More About EZTax Self Service IT Filing

EZTax Self Service IT Filing Is Tailored For

StartUps

SMBs

Mid-Market

Enterprises

Features

  • Investment Tracking
  • Multi Language Support
  • Mobile App
  • Data Security
  • Error Detection
  • Income Tax Return Forms
  • Customer Support
  • Refund Tracking
  • View all Features

Free Self Service IT Return Filing

$ 0

Per Month

Get Offer
5.0
out of 5 (5 Reviews)
Features
5.0
Ease of Use
5.0
Value for Money
5.0
Customer Support
5.0
Amit
Engineer

Great product, excellent service, and free. They really pay attention to building top-notch products and services. I would recommend it to all who need to file their taxes in India.

Read all 5 Reviews

EZTax Self Service IT Filing Features and Usability-Based User Satisfaction Score

Rating Score 10.0

Rating Score

Out of 10

Review Score 1.0

Review Score

Out of 10

Freshness Score 7.5

Freshness Score

Out of 10

Social Score 9.7

Social Score

Out of 10

Visitor Score 6.0

Visitor Score

Out of 10

Easy Income Tax Return App

Product Description

This information is provided by vendor.

TaxRaahi is online ITR software & a business companion for filing ITR returns in India for free. TaxRaahi is Indias top income tax return app for ITR filing. At TaxRaahi, you can file a business income return - ITR4, ITR4S in less than 20 mins.... Read More About TaxRaahi ITR

TaxRaahi ITR Is Tailored For

StartUps

SMBs

Mid-Market

Enterprises

Features

  • Error Detection
  • Automated Data Import
  • User Friendly Interface
  • Customizable Reports
  • Customer Support
  • Real Time Updates
  • Document Management
  • Investment Tracking
  • View all Features

Best Income Tax Preparation Software

Product Description

This information is provided by vendor.

TurboTax is the best-selling tax software. Free Edition includes free IRS e-file. Easily prepare your tax return and file income taxes online. Its also the best federal income tax software that allows you to file federal income tax easily & 100% accurately. Read More About TurboTax

TurboTax Is Tailored For

StartUps

SMBs

Mid-Market

Enterprises

Features

  • Easy W 2 Import
  • Step By Step Guidance
  • Multi State Filing
  • Charitable Donations
  • Mortgage Interest Deduction
  • Cryptocurrency Transactions
  • Customer Support
  • Self Employed Support
  • View all Features
4.0
out of 5 (1 Review)
Features
4.0
Ease of Use
4.0
Value for Money
4.0
Customer Support
4.0
Sarah Joseph

It has many features that you may not use, but the provider includes them at a great price point. It is recommended and helps manage your taxation, saving you time.

Read Review

End to End Income Tax Calculation Software

Product Description

This information is provided by vendor.

Zen Easy Tax Software is a great solution for the computation needs of Tax, Self Assessment Tax, Advance Tax, and Interest calculation. Its also one of the best TDS return software that makes IT return e-filing hassle-free. Whether you are an individual or a business,... Read More About Zen Income Tax

Zen Income Tax Is Tailored For

StartUps

SMBs

Mid-Market

Enterprises

Features

  • Audit Trail
  • Real Time Updates
  • Document Management
  • Compliance Tracking
  • Tax Calculation
  • Data Backup
  • Multi User Access
  • Help And Support
  • View all Features
5.0
out of 5 (1 Review)
Features
5.0
Ease of Use
5.0
Value for Money
5.0
Customer Support
5.0
Venkatesh
chartered accountant

I have had a good experience with this Zen income tax software. It helps me file my clients' returns within due dates and ensures accuracy. I recommend every professional use this software.

Read Review

Contenders | 2025

Income Tax Software for Quick It Return E Filing

Product Description

This information is provided by vendor.

Gen IT tax software provides a direct option to file a Quick Income Tax Return. Users can directly upload the XML file on the income tax departments site through the software. It manages tax calculation, self-assessment tax, advance tax, and interest calculation easily. Get a... Read More About Gen IT

Gen IT Is Tailored For

StartUps

SMBs

Mid-Market

Enterprises

Features

  • Capital Gain Calculation
  • Client Management
  • Income Tax Computation
  • E Filing
  • Refund Status Tracking
  • Bulk Pan Verification
  • Compliance Management
  • Advance Tax Calculation
  • View all Features

Gen IT Desktop Version

$ 97

Per Year

Get Offer
4.6
out of 5 (5 Reviews)
Features
4.4
Ease of Use
4.6
Value for Money
4.6
Customer Support
4.8
SHASHIKANT J. SHAH
Chartered Accountant

Gen IT is a user-friendly e-filing software that makes it simple to file your income tax quickly. It helps you calculate various tax amounts, including advance payments and self-assessments. I have been using this software for five years and highly recommend it to anyone looking for an easy way to manage their taxes.

Read all 5 Reviews

Gen IT Features and Usability-Based User Satisfaction Score

Rating Score 9.2

Rating Score

Out of 10

Review Score 1.0

Review Score

Out of 10

Freshness Score 7.5

Freshness Score

Out of 10

Social Score 9.0

Social Score

Out of 10

Visitor Score 6.0

Visitor Score

Out of 10

Contenders | 2025

Product Description

This information is provided by vendor.

TaxCloud India is web-based online income tax software that allows CAs, accountants, and tax practitioners companies to file IT returns online quickly. Its one of the most used free income tax filing software in India. Manage your salary tax, assessments, and tax calculations right from... Read More About TaxCloudIndia

TaxCloudIndia Is Tailored For

StartUps

SMBs

Mid-Market

Enterprises

Features

  • Tds Return Filing
  • Audit Report Generation
  • Tax Computation
  • Compliance Alerts
  • E Verification
  • Customer Support
  • Financial Year Comparison
  • Multi User Access
  • View all Features
5.0
out of 5 (2 Reviews)
Features
5.0
Ease of Use
5.0
Value for Money
5.0
Customer Support
5.0
Sohan madrecha

Tax Cloud Desktop is best for e-filing. It is simple to use for ClearTax GST and ITR e-filing. It is easy to use for all CAs, accountants, and businessmen. It also provides job opportunities for unemployed individuals.

Read all 2 Reviews

TaxCloudIndia Features and Usability-Based User Satisfaction Score

Rating Score 10.0

Rating Score

Out of 10

Review Score 1.0

Review Score

Out of 10

Freshness Score 6.0

Freshness Score

Out of 10

Social Score 5.0

Social Score

Out of 10

Visitor Score 8.0

Visitor Score

Out of 10

Contenders | 2025

Product Description

This information is provided by vendor.

CompuTax Income Tax software provides an excellent module for preparing tax returns and uploading them to the department website right away. This is an all-round TDS software that makes IT return and TDS return e-filing really quick and easy. It is suitable for individual tax... Read More About CompuTax

CompuTax Is Tailored For

StartUps

SMBs

Mid-Market

Enterprises

Features

  • Customizable Reports
  • Backup And Restore
  • Mobile Access
  • Error Checking
  • Tax Computation
  • Tax Planning
  • Gst Integration
  • Document Management
  • View all Features
4.5
out of 5 (19 Reviews)
Features
4.4
Ease of Use
4.6
Value for Money
4.4
Customer Support
4.4
Tarun Jain
Consultant

The software is very user-friendly and easy to navigate. It has good features and simplifies the process with bulk imports. Billing and invoicing are also included, making it comprehensive.

Read all 19 Reviews

CompuTax Features and Usability-Based User Satisfaction Score

Rating Score 9.0

Rating Score

Out of 10

Review Score 4.0

Review Score

Out of 10

Freshness Score 9.0

Freshness Score

Out of 10

Social Score 9.0

Social Score

Out of 10

Visitor Score 6.0

Visitor Score

Out of 10

Best Income Tax App for ITR E Filing

Product Description

TaxAct is a leading provider of affordable digital and downloadable ITR preparation software for individuals, business owners, and tax professionals. Its flagship product, TaxAct, provides the highest degree of accuracy and is designed by in-house programmers and tax accountants. Also, its the most used free... Read More About TaxAct

TaxAct Is Tailored For

StartUps

SMBs

Mid-Market

Enterprises

Features

  • W 2 Import
  • Import Previous Returns
  • Accuracy Guarantee
  • Mobile App
  • Data Security
  • Deduction Maximizer
  • Multiple Device Access
  • Audit Support
  • View all Features

A Complete Income Tax Filing Software

Product Description

TaxPoint Tax software is easy to use online tax preparation software. It’ll help you file and prepare your tax return quickly. With over 350 tax deductions and credits It’ll make sure you get the most out of your money. Read More About TaxPoint

TaxPoint Is Tailored For

StartUps

SMBs

Mid-Market

Enterprises

Features

  • Tax Planning Tools
  • User Friendly Interface
  • Payment Processing
  • Real Time Calculations
  • Mobile Access
  • Document Management
  • Secure Data Storage
  • Error Checking
  • View all Features

Contenders | 2025

Product Description

This information is provided by vendor.

An Automated Solution for All Your Tax Compliance. Simplify your ITR Return & TDS return-related compliance through a single income tax return software. It provides accurate tax calculations for your income, assessment, and interests. Whether you are a CA, Accountant, or an individual tax practitioner,... Read More About Taxmanns One Solution

Taxmanns One Solution Is Tailored For

StartUps

SMBs

Mid-Market

Enterprises

Features

  • Gst Return Filing
  • Gstr 3b Preparation
  • Input Tax Credit Reconciliation
  • Gstr 9c Preparation
  • Gstr 1 Preparation
  • Gst Audit Trail
  • Real Time Notifications
  • Data Import/export
  • View all Features

Income-Tax Computation and Returns Module (2018-19)

$ 63

One Time

Get Offer

TDS Computation and Returns Module (2018-19)

$ 58

One Time

Get Offer
5.0
out of 5 (2 Reviews)
Features
5.0
Ease of Use
5.0
Value for Money
5.0
Customer Support
5.0
Murlidharan Mutthu
Senior Associate

User-friendly interface. I really like the convenience of direct upload/download to/from GSTN using GSP Services. Filing of GSTR 1 and 2 is made easy with this software.

Read all 2 Reviews

Taxmanns One Solution Features and Usability-Based User Satisfaction Score

Rating Score 10.0

Rating Score

Out of 10

Review Score 1.0

Review Score

Out of 10

Freshness Score 6.5

Freshness Score

Out of 10

Social Score 5.0

Social Score

Out of 10

Visitor Score 8.0

Visitor Score

Out of 10

Contenders | 2025

Product Description

Drake Tax is comprehensive, all-in-one professional tax software. With Drake, you can prepare any tax return, personal or business, federal or state. Drake Tax helps you do everything quicker and speeds you through every step of preparing a tax or TDS return. Read More About Drake Tax

Drake Tax Is Tailored For

StartUps

SMBs

Mid-Market

Enterprises

Features

  • Audit Support
  • Tax Law Updates
  • Reporting
  • Integration With Accounting Software
  • Document Management
  • Forms Library
  • State Returns
  • Tax Planning
  • View all Features
5.0
out of 5 (2 Reviews)
Features
5.0
Ease of Use
5.0
Value for Money
5.0
Customer Support
5.0
Boule Najm
Administrative Assistant

We can recommend Drake Tax to any tax firm looking for a solid and stable computer program for tax preparation and filing. We have used them for over 12 years. The customer support is absolutely amazing, especially when the season is very busy. They always answer in a matter of 1 or 2 rings and are quick to solve any situation that may arise with updates, networking, and even with tax form questions. Recommended and approved. Go for it.

Read all 2 Reviews

Drake Tax Features and Usability-Based User Satisfaction Score

Rating Score 10.0

Rating Score

Out of 10

Review Score 1.0

Review Score

Out of 10

Freshness Score 6.0

Freshness Score

Out of 10

Social Score 10.0

Social Score

Out of 10

Visitor Score 4.0

Visitor Score

Out of 10

An Ultimate Income Tax Software for Return E Filing

Product Description

This information is provided by vendor.

Reach-Tax is the best tax computation software for chartered accountants, tax consultants, and other tax professionals. This is a comprehensive tax software solution that offers various computation and calculation facilities for income tax, TDS, wealth tax, advance tax register, billing management, AIR modules, office management, and... Read More About Reach-Tax

Reach-Tax Is Tailored For

StartUps

SMBs

Mid-Market

Enterprises

Features

  • E Filing Integration
  • Customizable Templates
  • Data Import/export
  • Client Management
  • Expense Tracking
  • Bank Reconciliation
  • Income Tax Return Preparation
  • Audit Trail
  • View all Features

Contenders | 2025

Product Description

This information is provided by vendor.

Its an a easy to use and affordable web-based income tax return app platform for small businesses to outsource the tax and Accounting function to people who are good at it. This income tax return app enables your prepare and e file IT return and... Read More About TaxbasePro

TaxbasePro Is Tailored For

StartUps

SMBs

Mid-Market

Enterprises

Features

  • Financial Statements
  • Compliance Tracking
  • Audit Reports
  • Data Import/export
  • User Friendly Interface
  • Mobile Access
  • Document Management
  • Client Management
  • View all Features

Income Tax and TDS Single User

$ 115

Per Year

Get Offer
5.0
out of 5 (2 Reviews)
Features
5.0
Ease of Use
5.0
Value for Money
5.0
Customer Support
5.0
Parita
User/Proprietor

It's good. A complete solution for IT and TDS. Would like it if it were on the cloud.

Read all 2 Reviews

TaxbasePro Features and Usability-Based User Satisfaction Score

Rating Score 10.0

Rating Score

Out of 10

Review Score 1.0

Review Score

Out of 10

Freshness Score 6.5

Freshness Score

Out of 10

Social Score 7.0

Social Score

Out of 10

Visitor Score 8.0

Visitor Score

Out of 10

Software by Mercia Group Ltd

Product Description

Mercia Income Tax software range covers CIS Contractor Returns, CT600 Corporation Tax Returns, and Income and Partnership Tax Returns.   Read More About Mercia

Mercia Is Tailored For

StartUps

SMBs

Mid-Market

Enterprises

Features

  • Multi User Access
  • Mobile Access
  • Income Tracking
  • Document Management
  • Real Time Tax Updates
  • User Friendly Interface
  • Automated Tax Calculations
  • Multi Currency Support
  • View all Features

Category Champions | 2025

Product Description

This information is provided by vendor.

greytHR is the preferred income tax software for businesses. Declare income tax right from the HR dashboard. It automates key areas of HR, payroll management, leave, and attendance tracking. With more than 3,800 highly satisfied customers and managing 3 lakh employee records daily, we understand... Read More About greytHR

greytHR Is Tailored For

StartUps

SMBs

Mid-Market

Enterprises

Features

  • Payslip Generation
  • Employee Self Service
  • Payroll Processing
  • Document Management
  • Leave Management
  • Time Tracking
  • Hr Analytics
  • Expense Management
  • View all Features

Starter

$ 0

Per Month for maximum 25 Employees

Get Offer

Essential

$ 49

Per Month for 50 Employees, INR 30 PEPM

Get Offer

Growth

$ 76

Per Month for 50 Employees, INR 60 PEPM

Get Offer

Enterprise

$ 104

Per Month

Get Offer
4.6
out of 5 (102 Reviews)
Features
4.5
Ease of Use
4.7
Value for Money
4.6
Customer Support
4.7
Arthi
HR Executive

Greythr is an awesome solution. It works on HR portions like data management, attendance, employee leaves, onboarding, etc. The mobile app is so good. The reports and alerts are helpful. Overall, it is a great relief to the HR team. Recommended to all forward-looking organizations.

Read all 102 Reviews

greytHR Features and Usability-Based User Satisfaction Score

Rating Score 9.2

Rating Score

Out of 10

Review Score 10.0

Review Score

Out of 10

Freshness Score 9.5

Freshness Score

Out of 10

Social Score 9.0

Social Score

Out of 10

Visitor Score 8.0

Visitor Score

Out of 10

Income Tax Software Guide

What is Income Tax Software?

Income tax software is specifically designed for filing income tax returns in a better and more efficient way. The exquisite services made available in this particular income tax software make it easy to use and provide quick solutions to the ever-increasing income tax demand in the current economic scenario. The government initially launched this particular ITR preparation software before the development criteria were taken over by the corresponding third-party private corporations and subsequently modified to ensure greater accuracy and ease up of complex procedures on a massive scale.

What are the Benefits of Income Tax Software?

  1. Modular calculation of the income tax returns with the deduction of various allowances per the requirements of the given assessee.

  2. Updated ITR preparation software in compliance with the revised standard business rates intended for various calculations.

  3. Calculating exemptions concerning the corresponding phase of calculation about gratuity and fund allowances.

  4. Rebate applicability and availability of special rates for some taxes.

  5. Automating the Income tax software is a highly advantageous concept keeping in mind the kind of and large number of calculations done at various levels of authority for effective tax-paying maintenance.

  6. Effective and accurate calculation of various depreciation factors per the regulations for the given business, industrial organizations, and corporations accordingly.

  7. Online payment facilities with the necessary deductions do less paperwork and improve efficiency and ease of execution.

  8. Real-time updation of data in the main database with abstraction features availed to facilitate client-wise manipulation of the data accordingly.

What are the Key Features of The Income Tax Software?

  1. Offers auto-generation and auto-filling of the filing reports for better efficiency and greater time complexity reduction.

  2. Covers all standard slab rates coupled with the corresponding NRI calculations.

  3. A full-fledged comprehensive yet detailed listing of every minute segment of the calculation for better efficiency and greater ease of understanding purposes.

  4. Deep integration availability into the various other income tax software specifically designed to carry out the income tax filing returns, like balance sheet software, TDS software, and the like.

  5. A fully-equipped management information system (MIS) with an automatic data generation facility and availability of different annexure levels.

  6. Easy computation of taxes for the various levels of taxpayer assesses, namely local bodies, trusts, firms, companies, BOI, and individuals in a perfectly modulated criterion.

  7. Direct manipulation of the available data obtained from the various other income tax preparation software modules for better functionality and ease of access.

  8. Detailed statutory analysis for all the income tax returns of the corresponding taxpayers and assesses alike.

  9. Easy generation and filing of ITR reports online.

  10. Effectively creating bills for online payment with the necessary deductions made as per the business requirements.

  11. Verification and rectification criteria are duly handled for greater efficiency.

  12. Incorporating various tax planning tools to facilitate the easy manipulation of the data to adjust the losses incurred on the same.

  13. Facility to calculate advance tax payments.

  14. Backup and restore facilities for the data for the corresponding clients.

  15. Facility for online payments without the need for mainstream filing.?

What is the Purpose of the Income Tax Software?

  1. The basic purpose of the income tax software is essentially to inherit the income details furnished by the corresponding applicant, assess all the slab rates, and accordingly prepare the invoice details regarding the total amount of income tax that is to be paid duly to the corresponding authority.

  2. The ITR preparation software also performs the filing of income tax returns for taxpayers whose annual income is more than 5 lacs per annum. With the applicable rate of return, the amount from the income is deducted for the same.

  3. This service is marked differently as per whether the assessees are individual applicants or a business organization corresponding to the tier of the outputs they generate.

Reports Available Under ITR Preparation Software

  1. Report on Income Tax Returns.

  2. Total income, the total payment of taxes, pending payments, etc.

  3. Report on Claim of Exemptions.

  4. Status of Refund.

  5. Amount of shares held and payment of security deposits.

  6. Capital gains and the corresponding descriptions.

  7. Filing of Returns.

  8. Tax computation and payment report in terms of both annexure wise and without the requirement of annexure.

  9. TDS Reports.

  10. Calculation of interest and relief statements.

  11. The availability of the various forms as per the regulatory standards.

  12. MIS reports for effective maintenance details.

  13. Tax Audit Reports.

Essentials to Look For While Buying Income Tax Software

  1. Before buying this income tax software, it is highly recommended to have a brief insight into the user interface. The availability of this ITR preparation software in both government and privatized models enables it to have different variations; thus, the interface is of the most important concern.

  2. The income tax return software should comply with the income tax standards and the corresponding regulatory requirements for a better and more effective generation of income tax returns.

  3. Another aspect of significant importance that one should definitely ensure is the availability of the different modules under this specific type of TDS return software. Any lack on that part is crucial to the database and thus causes an error in calculating the same.

  4. The ITR preparation software under consideration should also be quick in generating reports and other filings of returns with greater efficacy. This is important when dealing with the generation of income tax returns and payments on a comparatively larger scale.

  5. Also, for crypto investors, you are liable to pay taxes on your crypto gains as well, as per the newly introduced crypto tax in India. But as crypto taxation can get a bit complicated to understand and calculate your tax liabilities, it's advisable to take the help of a crypto tax software for that.   

  6. Detailed reports maintenance should be of prime importance in this Tax return software, each and every aspect is highly essential towards future generation and verification of bills and payments otherwise.

The incorporation of income tax software and its corresponding digitization has played a major role in easing the workflow of various business organizations, thus keeping them in compliance with the regulatory standards of income tax requirements. The ITR software has inadvertently advanced with better functionality features incorporated due to advanced technologies. It is predicted to influence the trending economic standards on a larger scale significantly.

It is the end of the financial year, and the daunting task of filing taxes and returns looms large. Calculating and filing income tax returns can be a tasking job, requires a lot of patience, and is dreaded by most. Worry not, for there is income tax return filing software that makes your life easier.

How to Prepare an ITR Using ITR Preparation Software?

There are several Income-tax return filing software available to make life easier. There is software that caters to individuals, CA specialists, and businesses. Thus, the income tax return filing software can be used by everyone with a financial background from various income levels.

The software usually comes in a package of income tax computation software, income tax returns software, and e-filing of income tax software. The ITR filing software allows you to;

  1. Directly upload the details from Form-16 by parsing, thus saving time manually punching all details.

  2. Enables automatic tax computation from all five major heads - Salary, Property, Capital gain, other sources, and PGBP.

  3. Long-term capital gain, holding period, short-term gain calculation, indexed costs & eligible exemptions are automatically calculated with the help of income tax filing software.

  4. One can prepare and file returns in ITR1, ITR2, ITR3, and ITR4 as applicable, according to the Income-tax department of India.

  5. You can view your or your client’s previous year’s data and store them in one place if required.

  6. It is human to err, and if any error occurs while filing a tax return, worry not because most ITR software enables you to revise your returns.

Top Income Tax Software Available in the Market

1. Cleartax

ClearTax software caters to the needs of all income tax payees such as individuals, CA’s, or businesses. It has several innovative features, such as an automatic tax calculator, business tax filing, and refund status.

2. Saral TaxOffice

Saral TaxOffice is a one-stop shop for all taxation-related solutions, especially for Chartered Accountants or other Tax practitioners. Saral TaxOffice automates all tax-related solutions and compliances.

3. EZTax

EZTax takes pride in saying that it is India’s 1st tax optimizer, which helps save taxes. EZTax is tailor-made for the Indian tax system. This tax filer can also generate an analytical PDF report along with filing.

4. Tax Raahi

Tax Raahi helps in tax accounting for businesses, helps to calculate GST, and helps file ITR and TDS. Having several solutions can be cumbersome. Tax Raahi ITR helps to manage all types of taxes using only one IT return software.

5. Winman

Winman is India’s No. 1 free income tax software suite. The Winman software suite is a flagship product with modules such as income tax, balance sheet, and audit report. This income tax return software has been rated the “Best income tax return software for chartered accountants.”

6. EasyOFFICE

EasyOFFICE is Electrocom’s solution for taxes. It offers a complete range of taxing solutions which includes modules of ITR filing software, auditing, and eTDS return software. EasyOFFICE has made return filing easy and less tedious.

7. TaxTron

TaxTron is an income tax return filing software that aims to offer solutions to make income tax return filing as easy and flexible as possible. TaxTron has different versions for individuals, tax professionals, and corporations.

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Last Updated: August 14, 2025