Hyderabad, Jan 9: A special software TAXBASE, designed specifically for filing IT returns and doing Income Tax computation, was launched today.
The software is developed by Sinewave Computer Services Pvt. Ltd, a company that has been providing specialised software for Indian Taxation and HR management solutions for over two decades, Sinewave MD and promoter Anil Moolani said in a statement.
''TAXBASE has been designed to be every CA and Tax Consultant's right hand, and has already proven to be an indispensable tool! In fact, our 5000 customers across the country have found that TAXBASE cuts computation time by 50 per cent! What's more, being fully compatible with popular Accounting software, TAXBASE is easy to install and run. There's no need for duplication of data entry; just import the figures and directly compute tax,'' he said.
TAXBASE covers all chapters of Income Tax for all types of assessees, and includes a complete TDS software absolutely free. It also provides for important reports and forms (ITR 1-8, 15H, Form 16, 16A, 24Q, 26Q and 27A, and challans (Advance Tax, TDS, FBT, etc.) along with e-filing facility.
Another important aspect of TAXBASE is the nation-wide support every customer gets. The software itself is flexible enough to adapt to everchanging laws and requirements ensuring that users get regular and prompt updates to keep abreast with new developments.
TAXBASE is supported by a sales and service network that spans the country, besides an online helpdesk that ensures customers get assistance whenever and wherever they need it.