NEW DELHI:
Taxmann, one of the recognised Goods and Service Tax Suvidha Providers (GSPs) launches One Solution – an automated solution for efficient compliances ITR, Audit and TDS.
This new tax compliance software will allow tax professionals to do multiple compliances of income Tax, TDS as well as Audit from a single dashboard with numerous user-friendly features. Talking about the software, Ansh Bhargava, Director, Taxmann said “One Solution has an artificial intelligence tool that compares all inputs with the provisions of the Income-tax Act. The Tax Intelligence Tool has been created to validate the details filed in returns or audit forms. This tool also enables users to choose the applicable ITR and relevant schedules through ‘Auto-ITR’ functionality. All errors in the ITR and Audit forms are displayed in one page with an option to rectify them at one go without resorting back to list of errors.”
Discussing the features of the software, he said “Some of the winning features of the One Solution software include data validity, data security, encryption; decryption, etc. As per the feedback provided by the current users, fast uploading of invoices, reconciliation, seamless filing of all types of returns without any interjection of JSON or different type of files, ability to view and track status, facility to check real time status of cash, credit and liability. All these features bundled into single software make One Solution unique.”
Through this software, Taxmann has blended its domain knowledge in taxation with technology to cater to the needs of the tax professionals. This will facilitate the process of doing compliance with utmost efficiency, i.e. without any technical glitches and further allows a tax professional to manage his client’s business perfectly.
Taxmann has earlier launched One Solution for GST compliance. It is a single software incorporating both the features to prepare (ASP) as well as file (GSP) functions; manages details of your entire client list for all tax periods in just one place; easy and simple navigation from one tab to another.
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