Top 15 Tax Agent Portals in India

If you are looking for a way to save time and make the process of filing your tax returns easier, then use an online tax software portal.

Navigating India's tax landscape requires careful consideration of the available options. Choosing the right tax consultant depends on individual needs and preferences. 

In this article, we'll delve into the world of tax agent portals, exploring their significance, key features, and benefits. 

Whether you're a seasoned taxpayer or a tax professional seeking to optimize your services, understanding the capabilities of these portals is essential in today's financial landscape.

Indian Tax Structure 

Navigating India's intricate tax landscape can be a daunting task. Ranked second in complexity globally, after China, as per the Deloitte Asia Pacific Tax Complexity Survey 2017, India's tax structure is known for its intricate regulations and reporting requirements.

India's tax system comprises several taxes, including Income Tax, Goods and Services Tax (GST), Corporate Tax, and more. Understanding and complying with these tax laws can be challenging for the average taxpayer.

Types Of Tax Consultants In India

1. Online Tax Agent Portals

In response to the increasing number of taxpayers, online tax agent portals have emerged as a convenient option. These portals offer a quick and cost-effective way to file tax returns. 

However, they typically follow a Do It Yourself (DIY) model, where taxpayers input their information and generate tax returns using software. While some portals provide access to tax experts, their qualifications and expertise can be unclear. 

Moreover, these experts may change frequently, making it challenging to establish a long-term relationship. In cases of tax notices or complex issues, the lack of a physical presence for consultation can be a drawback.

2. Local Tax Consultants

Traditional local tax consultants have been a go-to option for many taxpayers. They operate physical offices and assist taxpayers in filing their returns. 

However, they often struggle to keep up with ever-changing tax laws, and their online systems are not always organized. 

Communication issues and appointment-based consultations can also create inconveniences, especially in a post-COVID world.

How to Pay an Online Tax Return?

Filing your income tax return online can be a hassle-free process when you know the steps. Here's a simple guide to help you navigate the world of online tax filing with ease.

1. Prepare Your Documents

Before you begin, ensure you have all the necessary documents ready. This includes your PAN card, bank statements, and any other financial records relevant to your income and expenses.

2. Choose an Online Tax Agent Portal

Select a reliable online tax agent portal to facilitate your tax filing. Ensure that it offers the features and services you need.

3. Create an Account

Sign up or log in to the portal using your username and password. If you're a first-time user, you may need to register.

4. Start Filing

Navigate to the Income Tax Return section within the portal and begin the filing process.

5. Basic Details

Fill in your basic information, including your name, address, PAN, and other essential details. This step provides the foundation for your tax return.

6. Income Details

Enter your income details for the financial year. This includes your salary, earnings from investments, and any other sources of income.

7. Expenses and Deductions

In this section, record your expenses and deductions. Ensure you include all eligible deductions to reduce your taxable income.

8. Advanced Tax Details

If applicable, provide information about advanced paid tax, such as TDS (Tax Deducted at Source) or any tax credits.

9. Review and Verify

Thoroughly review your income tax return to ensure accuracy. Verify that all details are correct before proceeding.

10. File Your Return

Once you're satisfied with your tax return, submit it through the portal. You'll receive an acknowledgement of your filing.

Filing your income tax return online through a tax agent portal streamlines the process and saves time. By following these steps, you can complete your tax return efficiently and accurately. Remember to keep a copy of the acknowledgement for your records.

List of the Best Tax Agent Portals

Navigating the complex world of taxation is made easier with the help of the best tax agent portals available. Here's a comprehensive list of top tax agent portals to simplify your tax filing process:

1. EasyOffice

• Auto Generation of Income Statement
• Auto Set Off & Carry Forward of losses
• Previous Year Income Tax Summary view
• Auto generation & fill up of Return forms ITR -1, 2, 3, 4, 5, 6, 7 in both Paper & Electronic Format.
• Business Income for multiple businesses & working of deemed profit u/s 44AD, 44AE

2. Clear Tax

• Businesses save up to 2-7% of their net GST with us every month. Individuals can save up to ₹86,500 by filing their tax returns through us.
• Experience 3x faster GST filings, 5x faster invoice reconciliation, and 10x faster e-waybill generation. Individuals file their tax returns in under 3 min.
• Our products are designed and tested by in-house tax experts, ensuring every new clause, form, or feature is updated and sent to you over the cloud.
• Belated Returns
• Missed the deadline? File belated returns securely on our platform, guaranteeing 100% accuracy and ease for all filer's tax needs.

3. EZTax

• 100% Free Online Self Service ITR Filing
• Authorised ERI, Integrated with Indian IT Department to pre-fill, e-file your ITR
• Affordable Assisted Tax Expert Services
• Comprehensive Analytical PDF Report with every Filing
• Best Experience - IT Platform works on any PC, Smart Mobile
• Comprehensive end-end service provider in Taxation covering IT, GST through Software & Expert Services

4. Zoho Books

• Zoho Books is a tax-compliant accounting software that enables you to manage your account payables, receivables. It allows you to collaborate with the company employee.
• It automatically calculates GST and generates the report. You can follow up payment using automatic alerts. It enables you to integrate with numerous online payments.

Check this: 15 Best Client Portal Software for Accountants 

5. H&R Block

• H&R block e-filing service is one of the best in India. It offers a wide range of services from filing tax returns, investment advice to online HR software.
• H&R Block helps you to file your income tax return and provides valuable information on various deductions. You can utilize the service provided by H&R Block to get expert advice on tax-saving strategies.

6. Taxraahi

• Taxraahi is a software package that offers complete tax automation and accounting solution for individuals and businesses. It connects GST, ITR, TDS filing systems so that you can easily manage from one place.
• This income tax return software tool helps you to import all your important data from excel to tally.

7. Taxspanner

• Taxspanner is a portal that offers online preparation and filing of Income Tax Returns (ITR). It provides an easy way to e-file your tax. This tax calculation software allows you to upload multiple PDF or scanned papers.

8. MyITreturn

• MyITreturn is an application that makes your ITR filling works quicker and easier compared to other tools. It provides complete updates on income tax information. You can use this tool to calculate tax.

9. Wave

• Wave is an ideal accounting software platform for a service-based small business that sends simple invoices and doesn't need to track inventory or run payroll. 
• For many freelancers or service-based businesses, Wave's free features will cover all of their accounting needs and is the best free software in our review. 
• At year-end, accountants can pull the necessary reports from Wave to prepare a business's tax return.

10. FreshBooks

• FreshBooks is the simplest way to file your taxes. It has a user-friendly interface and provides real-time updates about all changes in tax rates, so you can track them accordingly.

11. Taxsmile

• Taxsmile is a web portal that is used to prepare and e-file income tax return online. It helps individuals to file their income tax returns in a convenient and secure way. It calculates the financial parameters that impact taxes.

12. TurboTax

• TurboTax offers 100% accuracy guaranteed calculations, ensuring your taxes are done right or they'll pay you any IRS penalties. 
• They search hundreds of tax deductions to find every tax deduction and credit you qualify for to get you the biggest tax refund, guaranteed.

13. Quicko

• Quicko allows you to file your tax return in just 5 minutes, with simple onboarding and easy Form 16 upload. It covers all deductions, claims TDS, and e-files online for all ITRs. 
• You can visualize your taxes as per New and Old Regimes to make informed financial decisions.

14. HostBooks

• HostBooks reduces paperwork and offers anytime, anywhere access for accounting. 
• It saves on IT costs, minimizes technology risks, and boosts productivity. 
• It provides continuous technical support and uses AI for bank statement reconciliation.

15. Taxmann One Solution

• Taxmann One Solution offers a simplified user interface with detailed computation and a concise approach for small assesses. 
• It provides customizable computation reports, horizontal financial statements, and comparisons of financial statements.

Read This: Top 5 Accounting Software for Design Agency in 2023

Conclusion

The realm of taxation is continually evolving, and staying on top of these changes is crucial for individuals and businesses alike. 

Tax agent portals have emerged as invaluable allies in this journey, offering a robust platform for efficient tax management. 

As we've explored throughout this article, these portals provide a range of benefits, from simplifying tax return filing and optimizing deductions to ensuring compliance with tax laws.

Whether you're an individual looking to simplify your tax journey or a tax professional seeking to enhance your services, the world of tax agent portals awaits, promising a more efficient and informed approach to taxation.