ITR filing: Comparison of ITR filing charges across different websites: Cleartax, TaxBuddy, Tax2Win, KoinX, TaxNodes, TaxSpanner
Individuals who are not liable for income tax audit have to file their income tax return (ITR) by July 31, 2024, for FY 2023-24 (AY 2024-23). You can either file the income tax return (ITR) on your own by logging in to your account on the e-filing ITR portal or authorise a CA to file it on your behalf. You can also use the service of various third-party websites that can help you in filling up the ITR form and its schedules. Ultimately, all the filed and verified ITR forms are processed through the e-filing ITR portal, however, it is just that the road taken is different.#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;} The tax department's portal allows you to file an income tax return (ITR) for free, but if you need the assistance of a chartered accountant (CA) or specialised third-party websites, it may be chargeable.
The tax department offers a feature called co-browsing, which allows you to get assistance while filing the ITR form on the department's portal. However, if you need more specialized assistance such as data extraction, tax planning, or other services, you will need to either hire a Chartered Accountant or use the services provided by various websites like Clear, TaxBuddy, Tax2Win, etc., for which you may have to pay a fee.
Let us look at the various filing modes and the charges for filing income tax returns on popular portals like Clear, TaxBuddy, Tax2Win, Taxspanner, myITReturn, KoinX, TaxNodes and Quicko.
What are the types of plans most ITR filing websites offer?
Broadly speaking, there can be three types of plans which most ITR filing websites offer:You Might Also Like:
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Self-filing: In this plan, you upload the documents and file the ITR yourself. You only get assistance with data handling and processing.Computerised assisted filing: In plan, you upload the documents and then a computer algorithm designed with inputs from a CA will help you file the ITR.Consulting with a CA: Here, the website's platform will set up a call or video call with their in-house CA/tax expert for a defined time, say 45 minutes. You can clear your doubts in this call and then file the ITR.
ITR filing charges without any assistance
In the table below, we compare the charges for the self-filing option, which does not include a CA or computer assistance.Particulars
Clear (formerly Cleartax)
Tax2Win
TaxSpanner
myITreturn
Quicko
Salaried
Rs 349 to Rs 649
Rs 399 to Rs 1499
Rs 499
Rs 99 to Rs 199
Free
Capital gains
Rs 849 to Rs 1299
- No Exclusive pricing
- No Exclusive pricing
Rs 499
Rs 99/month
NRI/Foreign Income
Rs 1599
No Exclusive pricing
No Exclusive pricing
- No Exclusive pricing
- No Exclusive pricing
Source: Respective Website as of June 27, 2024
Notes: Tax2Win has a free plan if your income is up to Rs 1 lakh. All plans of Tax2Win have support for filing ITR if you have capital gains income. The Rs 499 plan of myITreturn can be used to file ITR if you have capital gains/NRI/Foreign income also. The term ‘No Exclusive pricing’ has been used to denote that the respective website has no exclusive price for filing ITR with the specifically mentioned income type.
ITR filing charges with computerised assistance
ParticularsClear (formerly Cleartax)
Tax2Win
TaxBuddy
TaxSpanner
KoinX
TaxNodes
Salaried
Rs 1,599
Rs 899
Rs 499
Rs 499
Rs 4,090.4
Rs 1299
Capital Gains
Rs 4,299
Rs 2,999
Rs 1,499
Rs 2,499
Rs 4,990.4
Rs 2,999
NRI/Foreign Income
Rs 6,999
Rs 5624 to Rs 7,499
Rs 3,799
Rs 3,999
- No Exclusive pricing
Rs 5,499
Future and Options (F&O)
Rs 5,499
- No Exclusive pricing
Rs 2,599
- No Exclusive pricing
- No Exclusive pricing
- No Exclusive pricing
Professionals and freelancers
Rs 4,998
- No Exclusive pricing
Rs 1,299
- No Exclusive pricing
- No Exclusive pricing
Rs 4,999
Crypto
Rs 5,799
-No Exclusive pricing
Rs 3,799
- No Exclusive pricing
Rs 1,840.8
Rs 3,999
Source: Respective Website as of June 27, 2024
Notes: Quicko's Rs 99 per month plan covers all the income heads mentioned above.
1. Some columns were left blank, because the respective website does not mention the price or if the facility is available.
2. All the assisted plans are being run with help of computer algorithms based on the data fed by an CA/ tax expert unless otherwise mentioned.
ITR filing charges with CA assistance
ParticularsClear (formerly Cleartax)
TaxSpanner
TaxBuddy
Quicko
45 minutes call with CA
Rs 2,599
-
-
-
20 minutes call with CA
-
Rs 2,499
-
-
180 minutes with CA and tax optimizer
-
Rs 6,999
-
-
Income tax audit
Rs 14,999
-
-
Income tax notice follow-up
-
- Rs 899 to Rs 25,399
-
Discussion with CA for 180 minutes about tax notice
-
Rs 8,999
-
-
Call with tax practitioners
-
-
-
Rs 1,699 to Rs 4,499
Source: Respective website as of June 27, 2024
We have taken this pricing information from respective websites which may change with time. You need to check the plans offered by these third-party websites before selecting a plan. For instance, if you purchase the top tier of any plan, you automatically get all the benefits offered in the lower tier plans. For example: Clear's Rs 4,299 capital gains plan includes the Rs 1,599 salary plan also.
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This story originally appeared on: India Times - Author:Faqs of Insurances
