What is a Tax Cloud?
A Tax Cloud is nothing complex but a cloud-based accounting software. This software basically runs on remote servers. The Institute of Chartered Accountants of India (ICAI) has categorized it as web-based software. It is a TDS return and an ITR compiling application software that chartered accountants and the CA organizations use for practice.
Tax Cloud is also updated with all the essential terms and the necessary conditions related to the system of accounting principles in India. It also helps in making all the tax and accounting related jobs really easy to undertake. The practitioners and the enterprises can take the benefits of this application without paying a penny. They just need to register on the website for a time period of two financial years. Also, this software helps the users to save a lot of time and money.
Features of Tax Cloud India
There are a lot of important features of Tax Cloud India that help the users to enhance the efficiency as well as the productivity of their organisation. Some of the important features are listed below:-
- Calculation:- The tax cloud software is really efficient as it helps the users in tallying the data at the right time. This further helps in maximizing the report of clients. It can also alter the data at any time and can also replace it with new data. It is helpful in updating the records of the clients.
- Auto-Filling:- This software also holds the ability to fill in the data when required for the ITR filing and TDS return. Therefore, the whole procedure becomes much easier with the help of this software. It also helps in making the process quicker as it does not require the need to give all of the data and information individually. Thus, it saves a remarkable amount of time and also offers an efficient working experience.
- Multiple-Login:- The next important feature of this software is that it lets different employees of the firm log in at the same time and that too by using different devices. Therefore, one can carry out all the essential operations at any place and at any time. It also helps in providing consistent workflow as it allows the employees to work without any interruption irrespective of the place they are in and what device they are using.
- Backup:- As this software is cloud-based, the backups automatically get saved on the servers seamlessly and it subsequently renders more authentic data introspection. It also helps in producing a better and efficient performance for the business and the company.
- Safe and Secure: – It is authentic software and has been designed with the security of 128-bit encryption. It lets the data and payments of the clients pass through a secured channel. Therefore, there is barely any chance of data leakage.
How To Register On This App?
It is a really simple process. You just have to give your email ID and then have to confirm it with the login credentials. The process of registration is as under: –
- Firstly, log in to TaxCloudindia.com and create a login with your Email Id.
- After that, enter the details such as your name, contact number, profession, etc.
- You will receive a confirmation mail.
- After confirming, you will be registered.
Advantages of Using Tax Cloud
The advantages of this software are summed up as below: –
- It renders an easy data population. You do not have to enter the details of your client manually.
- There is no need to install this on your laptop or PC, it can be used from anywhere remotely.
- It also provides multiple login facilities.
- It also provides the option of uploading capital gain reports from Zerodha, CAMS, etc.
FAQs
✅ Is Tax Cloud safe?
Yes, it offers 100% confidentiality and it neither uses nor shares your data with anyone.
✅ What is ITR-1?
ITR-1 is also called Sahaj From and is for a person who has an income up to Rs. 50 lakhs.
✅ Who are the users of Tax Cloud?
Tax Cloud is used by CA firms and by the Chartered Accountants.