Gen IT Vs Others: Which Income Tax Software is Best for You?

Taxpayers, like professionals and tax practitioners, with the beginning of the new fiscal year, are seeking appropriate and reliable income tax filing software. Gen IT Software by SAG Infotech is the trusted software available in the market. It is recognised for its comprehensive features and a user-friendly interface. 

There are some other software providers providing services in the same domain that propose competitive features, unique user experiences, and diverse pricing models. This blog provides a comparison of Gen IT with other popular income tax software uses in India. The description includes distinctive features, advantages, and drawbacks. The motive of the blog is to equip users with information on tax filing needs so that they can make an informed and confident decision.

User Interface and Ease of Use

Gen IT software proposes a comprehensive system for tax professionals and chartered accountancy firms. It secures various features. With a clear procedure, these alternatives are made that are simpler for the individual taxpayers to navigate. 

• GenIT: Online ITR filing tax professional software for individuals and companies

• ClearTax/TaxBuddy: Clean UI for salaried individuals

Features and Functional Coverage

SAG Infotech Gen I-T Software provides various features for financial management and compliance. It proposes an appropriate income tax calculation, permitting the users to navigate their tax obligations. The preparation of various ITR forms, from ITR-1 to 7, ensures that every tax return gets completed meticulously.

Users can maintain accurate financial records and gain insights into their financial health with the use of this software that generates detailed computation sheets, profit and loss accounts, and balance sheets.

Comprehensive tax filing tools are been furnished by other software like ClearTax, Winman and Saral TaxOffice, though there may be a variation in the scope. 

• Winman: Offline tax computation and audit reports

• ClearTax: Fast ITR filing and document integration, Cloud-based

Also Read: ITR 2 Form: e-Filing Guide, Required Details & Deadline

Pricing

The major deciding factor is the cost, especially for freelancers and small firms. 

• Gen IT: Lower cost with different features 

• Winman: One-time license model, which can be economical in the long term

• Saral: Budget-friendly

• ClearTax: Free plans for basic individual filings, with premium plans

Help and Updates

Users are been notified by Gen IT of the updates to the Indian tax laws. On any issues or questions, it provides customer support.

• ClearTax and TaxSpanner: They offer real-time chat support and automated updates

• Winman: Updates are provided promptly

Cloud Vs. Desktop

Gen IT is mainly desktop-based software for e-filing online income tax returns and generating a challan.

• Zoho Tax and ClearTax: Fully cloud-based, enabling anytime, anywhere access.

• Winman and Saral: Mostly desktop-based with limited cloud features.

Closure: For Chartered Accountants (CAs) and tax professionals who desire to proceed with complex tax filings requires a stronger solution like Gen IT is required. 

For individuals or smaller businesses looking for affordable and easy-to-use options, cloud-based platforms like ClearTax and TaxBuddy could be great choices. They provide simple interfaces and budget-friendly solutions that make managing taxes easier.