Info-tech

Now, a portal that helps you file returns easily

 Our Bureau Kolkata | Updated on January 22, 2018

Filing through cloud (from left) Bharat Berlia, CIO, Indus Net Technologies, Abhishek Rungta, Founder & CEO, and Alok Patnia, CEO, Taxmantra, at the launch of makeyourtax.com, a cloud-based tax filing application, in Kolkata - Photo: ASHOKE CHAKRABARTY   -  Business Line

Kolkata start-up goes for collaborative technology platform

A Kolkata-based start-up announced launch of its portal — Taxmantra.com — that helps preparing income tax returns and their filing.

Alok Patnia, one of the three co-founders of the partnership firm Make Your Tax Technologies said the portal was driven by in-house developed software that processed individual income and tax liability for the purpose of filing the individual’s or family’s tax returns.

Attractive packages

“The online application is supported by cloud computing for allowing multi-users, including tax consultants,” said Patnia, who is also CEO of Taxmantra.com. “As tax consultants, we found the need for a collaborative technology platform that would help process and advise on large-scale returns simultaneously.”

Abhishek Rungta, another co-Founder of the portal and CEO of Indus Net Technologies, claimed that the new platform allowed tax consultants to join in, if allowed by the tax assessees, in a bulk service providing exercise.     

The portal — makeyourtax.com would provide the do-it-yourself tax-filing service package at a competitive rate of ₹100. The firm has offered a promotional incentive too. “Users subscribing to this package would have an option of sharing the application on social media platforms such as Facebook or Twitter for a cash back of ₹100,” Patnia said.

Tax synopsis report

For self-filing, an individual filer has to enter his or her data related to income. The software would select the applicable I-T return form (1-6) and after processing the data including adjustments for deductions would generate ready tax synopsis report. Based on this report, the individual can file the return on I-T department’s website or get it filed by the portal without any additional cost.

For tax consultants, the introductory subscription price is ₹6,500 for a year for unlimited number of filings for their clients.

The portal targets to have subscriptions from one lakh return filers next year and rope in around 200 tax consultants. The portal would also use Taxmantra.com and Indus Technologies’ network of consultants and offices in other metros for marketing its services.

Published on September 27, 2015

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