i t r s income tax robust system. introduction it is a web based application for the computation of...

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I T R S Income Tax Robust System

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Page 1: I T R S Income Tax Robust System. Introduction  It is a Web based application for the computation of Income Tax, Wealth Tax, FBT etc.  ITRS is able

I T R S

Income Tax Robust System

Page 2: I T R S Income Tax Robust System. Introduction  It is a Web based application for the computation of Income Tax, Wealth Tax, FBT etc.  ITRS is able

Introduction

It is a Web based application for the computation of Income Tax, Wealth Tax, FBT etc.

ITRS is able to store all documents (Notices, Assessment, Appeals Orders etc.) which is received from Department or prepared by Company.

Page 3: I T R S Income Tax Robust System. Introduction  It is a Web based application for the computation of Income Tax, Wealth Tax, FBT etc.  ITRS is able

Introduction

It automatically calculate tax and all interests as per different orders under Direct Tax.

ITRS is regarded as database in terms of Direct Tax records which supports overall internal controls procedures with respect to taxation matters.

Page 4: I T R S Income Tax Robust System. Introduction  It is a Web based application for the computation of Income Tax, Wealth Tax, FBT etc.  ITRS is able

Modules

Income Tax Wealth Tax Fringe Benefit Tax Transfer Pricing Dividend Distribution Tax Annual Information Return Reply to Other Notices TDS Appeal/TDS Matters TDS on Foreign Remittances Others

Page 5: I T R S Income Tax Robust System. Introduction  It is a Web based application for the computation of Income Tax, Wealth Tax, FBT etc.  ITRS is able

Features

Create new company or subsidiaries of company.

Able to create new users having different roles.

Updation of Tax Rate/Interest Rate as per changes for new Assessment Year.

Able to control on MAT credit available for set off with current tax.

Page 6: I T R S Income Tax Robust System. Introduction  It is a Web based application for the computation of Income Tax, Wealth Tax, FBT etc.  ITRS is able

Features

Automatic Tax Calculation Automatic Interest Calculation

u/s 234A u/s 234B u/s 234C u/s 234D u/s 244A u/s 220(2) u/s 215 u/s 214 u/s 216

Page 7: I T R S Income Tax Robust System. Introduction  It is a Web based application for the computation of Income Tax, Wealth Tax, FBT etc.  ITRS is able

Module:-Income Tax

Provision of Income Tax Taxes Paid Details TDS Details Return of Income Income Tax Intimation Refund/Adjustment Details Assessment Order passed by AO Reassessment Stay of Demand

Page 8: I T R S Income Tax Robust System. Introduction  It is a Web based application for the computation of Income Tax, Wealth Tax, FBT etc.  ITRS is able

Module:- Income Tax

Penalty Rectification CIT(A) DRP ITAT High Court Supreme Court Settlement Commission MIS Report

Page 9: I T R S Income Tax Robust System. Introduction  It is a Web based application for the computation of Income Tax, Wealth Tax, FBT etc.  ITRS is able

Module:- Wealth Tax

Provision for Wealth Tax Taxes Paid Wealth Tax Return Wealth Tax Revised Return Refund/Adjustment Details Assessment Reassessment

Page 10: I T R S Income Tax Robust System. Introduction  It is a Web based application for the computation of Income Tax, Wealth Tax, FBT etc.  ITRS is able

Module:- Wealth Tax

Rectification CIT(A) ITAT High Court Supreme Court MIS Report

Page 11: I T R S Income Tax Robust System. Introduction  It is a Web based application for the computation of Income Tax, Wealth Tax, FBT etc.  ITRS is able

Module:- Fringe Benefit Tax

Provision for Fringe Benefit Tax Taxes Paid FBT Return FBT Revised Return FBT Intimation Refund/Adjustment Details Assessment

Page 12: I T R S Income Tax Robust System. Introduction  It is a Web based application for the computation of Income Tax, Wealth Tax, FBT etc.  ITRS is able

Module:- Fringe Benefit Tax

Reassessment Stay of Demand Penalty Rectification CIT(A) ITAT MIS Report

Page 13: I T R S Income Tax Robust System. Introduction  It is a Web based application for the computation of Income Tax, Wealth Tax, FBT etc.  ITRS is able

Module:- Transfer Pricing

Transfer Pricing Transfer Pricing Assessment

Page 14: I T R S Income Tax Robust System. Introduction  It is a Web based application for the computation of Income Tax, Wealth Tax, FBT etc.  ITRS is able

Module:- Dividend Distribution Tax

Dividend Distribution Tax Dividend from Subsidiaries

Page 15: I T R S Income Tax Robust System. Introduction  It is a Web based application for the computation of Income Tax, Wealth Tax, FBT etc.  ITRS is able

Module:- Annual Information Return

Annual Information Return Notices

Page 16: I T R S Income Tax Robust System. Introduction  It is a Web based application for the computation of Income Tax, Wealth Tax, FBT etc.  ITRS is able

Module:- Reply to Other Notices

Page 17: I T R S Income Tax Robust System. Introduction  It is a Web based application for the computation of Income Tax, Wealth Tax, FBT etc.  ITRS is able

Module:- TDS Appeals/TDS Matters

Assessment CIT(A) ITAT High Court Misc/Others

Page 18: I T R S Income Tax Robust System. Introduction  It is a Web based application for the computation of Income Tax, Wealth Tax, FBT etc.  ITRS is able

Module:- TDS on Foreign Remittances

TDS Payment TDS Return TDS Notices TDS Certificate to Parties

Page 19: I T R S Income Tax Robust System. Introduction  It is a Web based application for the computation of Income Tax, Wealth Tax, FBT etc.  ITRS is able

Others

Certificate u/s 281 Form 15G/15H

Page 20: I T R S Income Tax Robust System. Introduction  It is a Web based application for the computation of Income Tax, Wealth Tax, FBT etc.  ITRS is able

Any Queries

?

Page 21: I T R S Income Tax Robust System. Introduction  It is a Web based application for the computation of Income Tax, Wealth Tax, FBT etc.  ITRS is able

Thank You