AUTOMATIC CALCULATION AS PER RULES

• Repair and Collection Charges.
• Deduction for Newly Constructed House.
• Vacancy allowance.
• Depreciation u/s 32 and STCG u/s  50.
• Index Cost of Acquistion  and Improvement.
• Interest Calculation for NSC.
• Tax Rebate u/s 88B for Senior Citizens.
• Allowable Salary and Commission to the Partner`s  as per Book Profit of the firm.

FULLY MENU DRIVEN

KITRET package is fully menu driven. All options in the menu are self explanatory and also provided with On-Line Help.

ENTER REQUIRED ITEMS ONLY

KITRET provides the facility to enter the items in the required heads by selecting them from the menu instead of going into each and every heads.

USER DEFINABLE SETTINGS FOR RETURN FORMS & CHALLANS

KITRET package is provided with the facility by which, user himself can set any type of printed Return Forms and Challans.

INTESIVE HELP

Package is provided with various types of help. The first one is the help which always displayed along with the options of menu and the various data-entry fields. The Second help can be activated thru CONTROL-F1 key. This help is editable and user can put his own experiences in this help. This help explains the currently displayed fields etc. The Third help is the Manual of the package, which can be either Viewed on the Screen or Printed on to the Printer.

Format Computation can be set according to the  user`s requirement.

Only requred page can be printed by-passing other pages. This saves Time and avoids Wastage of Papers.

SINGLE EXE FILE FOR MANY ASSESSMENT YEARS

In KITRET package, Computation can be made for any Assessment Year from the single EXE file. You have to just select the required Assessment year and all the ruls and tax-slabs are set according to that year.

SALIENT FEATURES

• User friendly, Totally menu driven, and easy operate.
• Supported for all types of existing status catagories of assessee.
• Provision for Password for Data security.
• All Tax-Law provisions are incorporated.
• Fast processing in computation of Tax and submission of Returns.
• User definable formats for each reports.
• Selective Pages printing possible.
• Context Sensitive Help Provided at each level.
• Successfully  Running in the office of  leading Chartered Accountants/Tax Consultants in Western & Central India from last Four Years.
• A Most for Dynamic and Busy Tax Professionals.

KITRET is a premium Income-Tax Accounting Software providing Comprehesive Computerised Taxation Rports for any kind of status catagoroes of an assessee. It is specially designed to cater the need of the office of the Chartered Accountants and tax Practitioners. It is a userfriendly, totally menu driven and easy to operate software.

COMPUTATION OF INCOME AND TAX

This report can be generated from KITRET on the basis of entered in formation regarding Income form various Sources, deductions claimed and viwed on the Monitor Screen or Printed on Printer. The Printing can be done either on Cut-Sheet Paper or Continuos Stationary. The format of computation can be set as per the user`s requirement by setting certain parameters.

RETURN FORMS

The Income-Tax Return Forms 1,2,2D,2F,3 and 3A can be printed either on plain Paper as well as e-Filing is also possible for all forms.

INCOME TAX CHALLAN

The Income Tax Challans 280,281,283 can be printed on the Pre-Printed Challans provided by Government / Private party. The setting of Items on the Challans can be the  user himself as required.

OTHER REPORTS

• Advance Tax Installments can be calculated for any assessment year on the basis of Estimated Income from various sources and  / or calculated on the basis of Current year`s Tax paid by the assessee.
• Various Statements Like Capital A/c, Balance Sheet, P & L a/c etc.
• Separate Statements of long-term and Short-term Capital Gains, if required.
• List of Dividends received, Interest recceived separate pages, if  required.
• Forms 49A, 49B, 16,16A, 16AA, 12BA and 30.
• Income tax Registers - Return filed, Returns Not - filed & Refund Tax Register.
• Master List - Assessee, partners, Ward / Circle, Depreciation Table etc.
• Telephone List.
• List of Assessee falls in a particular ward / Circle.
• Assessee List having same due Date of Return Filing.
• Depreciation Chart- Horizontal / Vertical.

BUILT-IN UTILTIES

• Letter Drafting, Printing & Mail Merging.
• Mail Addresses on Envelope / Inland  / Postcard.
• Code Labels and Address Ledger.
• Appointment Diary, Calendar & Calculator.
• Billing, Receipts and Ledger.
• On-Line Help ( User can Edit the Help Text.)
• User Definable Assist at Every Entry Fields.
• Instant Referencer for easy storing and retrival of Assessee`s Case Laws and Other reference material.
• Facility for Income Tax Act. Rules and Tax Planning Hints, Which user can Enter, Edit or View as per his own requirement.

SYSTEMS REQUIREMENT

KITRET software package runs only IBM Compatible PC /AT or higher with atleast 1mb Main Memory and 20 MB Hard Disk running DOS 5.0 or above

PRICING STRUCTURE

• Current Assessment year Rs. 7,450/- Only (SINGLE USER)
• Yearly Updation Charges Rs. 1,500/- Only & eTDS Rs. 750/- extra
• KeTDS Module Rs. 1750/- extra & KeTCS Rs. 750/- extra
• USB Dongle Rs. 1000/- extra
• Extra Per User @ Rs. 500/-
• Life Time Updations  NOT AVAILABLE NOW