Bangalore, India - The Income Tax Department has scrapped Saral
2D, the most popular income tax return filing form for all types of income
tax payers for the assessment year 2007-08. Income tax return for
Individual, HUF, Firms, Companies and Trust for the year ended 31 st March
2007, which will be filed now has to be filed in the new forms. The forms
are based on the Types of Incomes an assessee has as well as their
composition - individual, firms, companies etc.,

While the return has done away with annexures to the income tax return, the
changes introduced in the forms require much information to be filled up.
Also, the no of pages of the return has gone up and many validations to be
done before filing.

The return filing, barring individuals having salary income only, are
generally done by Chartered Accountants. They handle not only income tax
returns, but also other Tax Deducted at Source (TDS) filing, Wealth Tax,
Service Tax, Fringe Benefit Tax, prepare Balance sheet, provide Audit Report
(where applicable) and other services. Invariably, they work against
deadlines.

To enable the professionals handle these changes in the return filing and
also to provide the Chartered Accountants fraternity a total solution Relyon
Softech Ltd has come out with Software named 'Saral Tax Office'. *This
software is total solution to the CA's. It is bound to become the '
Compliance Partner to the CA's. It comprises of two segments viz Compliance
Software's and back office automation.

Compliance module covers Income Tax Computation, FBT, Balance Sheet
Preparation, Audit Report, Service Tax, Wealth Tax, TDS, ROC Filing Data and
Project Reports. The Back office automation covers Billing and receipts,
Client Management, Document Management, Library for Books and Journals,
Inward and Outward Registers (of letters, files etc.,) petty cash accounting
and forms & templates management.

The software permits generation of Income Tax Return (ITR forms 1 to 8) both
on detailed computation basis and on summary entry. Returns can be printed
and submitted to the Department. It can also be submitted online through the
Internet. Host of other reports can be generated.

FOR MORE INFORMATION CONTACT :

Mr. MAHESH / Mr. BHARATH
M/s. Imprimis LIfe PR Pvt. Ltd.,
Bangalore, India
E-Mail : imprimisbangalore@gmail.com