Genius: Top Tax Return Filing Software for Tax Professionals

Gen Bal (Balance Sheet)

Depreciation Chart
• Preparation of depreciation chart as per Income Tax Act & Schedule II of Companies Act 2013.
• Import -Export Facility is available in Depreciation Chart under Genius software.

Final Accounts
• Preparation of final accounts as per Schedule III of Companies Act 2013.
• Preparation of Trading A/c, Profit & Loss A/c, Balance Sheet (Vertical, Horizontal or Schedule VI Format) by Transferring Data from Tally, MS-Excel and much other software like Busy, NAC, TATA.
• Profit & Loss and notes on accounts are available as per new amended Schedule VI.
• Preparation of Schedules and Lists is easily possible with the Genius.

CARO
• It generates new CARO (2016) Report for Companies to help them further.

Audit Report
• New Audit Report has been is generated by software according to available ICAI Guidelines.
• Tax audit report is updated according to the assessment year 2017-18.

Reports
• All the Reports generated under the Genius are customizable as per the requirements.
• With the Genius help, one can utilize the Quick report generation feature.

Miscellaneous
• The features list extends with Ratio calculations, 3CA/3CB/3CD reports, CARO, Director's report.
• Characteristics such as MIS certificates, B/S Abstract, Annual returns etc. are included as well.

Gen IT (Income Tax)

ITR Upload
• Quick upload facility is available along with ITD Web Services.
• E-Filing of Form ITR-1,2,3,4,5,6,8 7 is available in XML Format under Genius software.
• Return filing under section 142, 148, 139(5), 139(9), 153A and rectification u/s 154 is also available.

Computation
• Computation of Income (From A.Y. 2000-01) is possible as well.

Reverse tax calculator & Billing
• Includes Billing as well it also includes unique features of reverse tax calculator.

Challan Payments
• Online challan e-Payments directly through the software.

PAN application/correction
• Facility to generate an online submission of Form 49A/PAN Correction.

ITR upload through ERI login
• ERI Facility is available for Bulk E-Filing and this makes the process easy.

Miscellaneous
• Bulk contact detail verification ITD portal is also available to help the owner.
• Search [ITR ACK.No] - You can view returns filing details of any person by inserting acknowledgment no. through this option.
• Online PAN verification is available, so step-by-step it can be authorized.
• CPC intimation register - It is helpful to view all intimations of the department directly from your mail-id.

Gen CMA/EMI (Credit Monitoring Analysis)

CMA Data
• Prepares CMA data as per percentage and ratio basis
• Calculation of MPBF as per Tandon & Nayar Committee.

EMI Calculation
• EMI Calculations
• Present value & Maturity value calculations.

Interest Calculation
• Interest calculations on FD’s etc as per given data.

Gen TDS (Tax Deducted At Source)

• Bulk contact verification - This utility gives you the solution to verify PIN directly from software by reading PIN from mail id. You can create alias and forward mail on a single mail id by mail set up.
• Preparation of e-TDS Return File (From A.Y. 2003-04) & maintain correction statement with the original.
• Forms 24,26,27,27E,24Q,26Q, 26QA,27Q,27EQ,16,16A,16AA,22,27D by giving Single Input.
• Salary Calculation.
• Rebate.
• Relief u/s 89.
• Data can be Imported from MS-Excel Files/Text Files and FVU Files.
• Generation of TDS/TCS Certificates (Form 16, 16A, 27D) in PDF Format signed with Digital Signature.
• Preparation of TDS/TCS Book Adjustment Form (TBAF).
• Online request for consolidated TDS file/16/16A.
• Error locator.
• Online PAN/TAN verification.
• Apply correction on all entries of a deductee with single click.
• Request [email protected] TRACE login – You can easily download all requests which you had done on TRACES website like consolidated file, Justification Report, 16 & 16A forms etc.
• Online TDS/TCS E-return upload - Register your DSC and upload your TDS/TCS returns and consolidated statement online directly by using this option in our software.
• Online TDS/TCS e-return uploads (TIN-NSDL).
• Online requested download @ trace login.

Gen Form Manager

Templates and Samples
• About 1000 Forms Including Agreements, Company Law, Gift, Partnership, Power of Attorney, Companies Minutes, Resolutions.
Customization
• Facility to make changes in Original Forms and Create New Forms is also available.

Gen e- AIR (Annual Information Report)/SFT (Statement of Financial Transaction)

SFT Form
• Facility to Prepare Statement of Financial Transactions (SFT) and Filing thereof is possible for an annual information report.
Form 60/61A
• Preparation of Form No. 60, 61.
ST Return Upload
• Generation of package (zip/tar) with the help of generic submission utility.

Import Client Master Data

• We have added a new facility in the list of facilities provided to our genius users and now user can import their master data in our certain software.

Other Utilities with Genius Only

• Telephone cum Address Book and Complete Client information as desired can be obtained.
• Two sizes of Label Printing are available.
• Document manager for keeping client's important document in various formats viz. Word, Excel, PDF, Scanned documents(Picture Format)
• File manager for maintaining client wise records of documents filled with relevant authority.
• Miscellaneous useful information like all India Pin Codes, STD Codes, ISD Codes, List of TIN FCs, TAN/PAN AO Codes, Bank Branches BSR Codes, MICR Codes, IFSC Codes.
• Online PAN/TAN verification.
• DSC manager.
• Keeps the user updated with latest software updates and news available on our website.