Cleartax is very user friendly and convenient tool to upload and file income tax returns.
Is clear tax trustable?
With bank grade network security (128- bit SSL), security audits and industry- wide best practices in security, we keep your data safe. We take your privacy seriously, ClearTax does not use or share your data with anyone. All your data is private and belongs to you.
Is ClearTax safe for tax filing?
It is safe to file itr thru third party transactions like cleartax, bankbazaar Etc. This type of sites specifically target individuals who are unable to deal with complexities of income tax. Their interface are user friendly. They make available services of CAs to complete itr filings in case of complexity.
Is clear tax good for ITR?
ClearTax app allows taxpayers to simply upload their Form 16 and then it auto-populates their ITR form. … Taxpayers can also add income details manually on the app and ClearTax will automatically compute any tax liability. Taxpayers who need help may opt for expert assistance to file their ITR.
Is clear tax free?
You can e-file up to three tax returns in the first three records for free on ClearTax from a single account. From the fourth record, it is chargeable at Rs. 299 per return.
Who is owner of clear tax?
Archit Gupta – Founder & CEO – Clear | LinkedIn.
Is clear tax profitable?
Though ClearTax started as an online income tax filing platform for individuals, it diversified to cater to professionals and enterprises. The growth has been astonishing (see box). … The consumer side of the business, he informs, is at a breakeven level. “We aspire to become a profitable company.
How do I file my tax return with ClearTax?
Go to the “e-file” tab and open the “income tax return” link from the drop-down. Fill the relevant details and select “prepare and submit online” as the submission mode. Fill the details in the ITR form opened online. Click on “save as draft” to save the filled return online.
Where do I file my income tax return online?
Online: Enter the relevant data directly online at e-filing portal and submit it. Taxpayer can file ITR 1 and ITR 4 online. Login to e-Filing portal by entering user ID (PAN), Password, Captcha code and click ‘Login’. Click on the ‘e-File’ menu and click ‘Income Tax Return’ link.
What is ITR penalty?
Late filing or filing your returns after the due date attracts a penalty under section 234F. If you file your ITR on or after January 1, 2021, then you would have to pay a late fee of Rs 10,000. The penalty will be decided on the earning of the individual and also between the window in which ITR has been filed.
Who controls income tax department?
It functions under the Department of Revenue of the Ministry of Finance. Income Tax Department is headed by the apex body Central Board of Direct Taxes (CBDT).
Are you filing return of income under seventh?
The Central Board of Direct Taxes mandates everyone to file the income tax return if one’s income exceeds the basic exemption limit. Filing an income tax return every year on time has many benefits even if your annual income is below the minimum taxable limit.
Which software is best for income tax return?
- EASYOFFICE. Best Income Tax, TDS, Audit, CMA Taxation software. …
- ClearTax. Best Income Tax Software by Defmacro Software. …
- Saral TaxOffice. Powerful Income Tax Software by Relyon Softech Limited. …
- EZTax Income Tax Filing Software. All in One Online TDS Software. …
- TaxRaahi ITR. …
- TurboTax. …
- Zen Income Tax Software. …
- Gen IT.
Is it easy to file your own taxes?
IRS Free File lets you prepare and file your federal income tax online for free. File at an IRS partner site with the IRS Free File Program or use Free File Fillable Forms. It’s safe, easy and no cost to you.
Which online tax filing is the best?
There are plenty of tax preparation software packages that will make the filing process easier. If you’re looking for tax software with the best live personal support, we recommend TurboTax by Intuit. H&R Block will help you get your taxes done in person or online, via its app or by downloading its software.
How much does it cost to file a tax return?
If you’re wondering what the average costs for filing common forms are, here’s the breakdown: $273 for a Form 1040 with a Schedule A and state return. $176 for a Form 1040 (non-itemized) and state return. $184 for a Form 1040 Schedule C (business)