FOR CHARTERED ACCOUNTANTS
Upload client documents. Finamize analyses and generates the return. You review and file.
Overview
ITR season concentrates work into a 90-day window. For a CA handling 80 to 200 clients, the bottleneck is rarely the filing itself — it is everything before the file button. Collecting Form 16s, reconciling 26AS and AIS against client declarations, computing the return correctly, comparing Old vs New regime per client, securing client approval, and tracking which return is at which stage across the entire book. The CAs who finish peak season cleanly are the ones whose pre-filing workflow is structured.
Finamize handles the preparation layer. Clients upload Form 16, 26AS, AIS, investment proofs, and rent receipts to a secure document vault. The system extracts data, classifies income heads against the appropriate ITR form (ITR-1 for simple salary, ITR-2 for capital gains, ITR-3 for business and profession, ITR-4 for presumptive taxation), and computes tax under both Old and New regimes. A client-facing comparison sheet makes the regime decision conversation faster. Practice-level dashboards show every client's status across documents, computation, review, approval, filing, and EVC stages. Notice tracking — including 143(1) intimations and 139(9) defective return flags — sits inside the same dashboard as a workflow tool, not a submission tool.
Finamize is not an Electronic Return Intermediary (ERI) registered with the Income Tax Department. Final submission to the e-filing portal happens through your existing setup — whether that is the Income Tax portal directly with your DSC, or your existing utility software. Finamize generates the data and computation; you file. This keeps your DSC, signing moment, and filing channel under your control while removing the manual prep work that consumes peak-season hours. CAs evaluating Finamize should know this upfront: the platform replaces document collection, reconciliation, and computation. It does not replace your filing utility.
Higher prep throughput per CA-hour translates to higher margin per filing or capacity to take on additional clients without proportional time cost. Clients pay you directly for filing services; Finamize charges a small platform fee on the subscription tier you choose, plus an optional commission share on clients you acquire through the Finamize marketplace. Clients you onboard outside Finamize — your existing book — are added directly without going through the marketplace and remain under your direct relationship.
ITR TYPES SUPPORTED
BUILT-IN CALCULATORS
ICAI VERIFIED CAS
REVIEW
Why Finamize
Clients upload Form 16, 26AS, and AIS to a secure vault. The system extracts and pre-fills ITR data, then auto-flags 26AS and AIS mismatches against client declarations before computation. You catch mismatches in your review, not after a 143(1) intimation arrives months later.
Income mix triggers the correct ITR form recommendation. Salary-only goes to ITR-1, capital gains routes to ITR-2, business income to ITR-3, presumptive taxation under Section 44AD or 44ADA to ITR-4. No manual classification per client. Edge cases (foreign income, Schedule FA disclosures) flagged for CA attention.
Single view of every client's stage: documents pending, computation ready, awaiting your review, awaiting client approval, ready to file, filed externally, EVC pending. Filter by ITR form, due date, or stage. Export status reports for partner reviews and internal practice tracking.
Per-client computation in both regimes with the rupee saving displayed clearly. Recommendation flagged automatically. Generates a client-shareable comparison sheet that turns a 30-minute regime conversation into a 5-minute approval, with the math visible to both sides.
Auto-generated computation sheets in the format you would present to a client or defend in scrutiny. Section-wise breakdown of total income, deductions under Sections 80C through 80U, tax payable, advance tax credit, and refund or balance payable. Includes audit-trail notes on every adjustment you made.
Every action logged: document upload, computation, edit, client approval, regime selection. Timestamped with member identity. Defensible documentation for ICAI peer review and CASS scrutiny support. Documents retained per client per year with role-based access control across your firm.
How It Works
Your client uploads Form 16, 26AS, AIS, investment proofs, and rent receipts to their secure document vault. Or you upload on their behalf in assisted mode for clients who prefer the hand-off. All documents tagged by financial year, reviewable in one place, and accessible to the team members you assign.
The system reconciles 26AS and AIS against the documents uploaded, classifies income heads, identifies the correct ITR form, computes tax under both Old and New regimes, and surfaces the recommendation. You review the computation, edit any adjustments needed, and add audit-trail notes on each. The generated computation sheet is ready to share with the client for approval.
The client approves the computation through their dashboard or via assisted approval. You download the pre-filled ITR data and computation sheet, and file via the Income Tax e-filing portal or your existing utility software. The acknowledgement and filing status update flows back to the client through their Finamize dashboard, closing the loop.
Platform Features
Clients receive a single onboarding link. They upload multiple documents at once via drag-and-drop, or forward them to a per-client secure email address. The system auto-categorises by document type — Form 16 separated from rent receipts separated from investment proofs.
Latest Finance Act provisions baked in. Section 80C, 80D, 80E, 80G, 80TTA, and 24(b) computed per client. HRA exemption calculated against actual rent paid, basic salary, and city status (metro / non-metro). LTCG and STCG with grandfathering rules for equity, debt, and property. Updated for the current assessment year.
Side-by-side compare what is in 26AS and AIS against what the client has declared. Mismatches flagged with severity — TDS shortfall, unreported income, foreign asset signal, dividend reconciliation, mutual fund redemption discrepancy. Reduces 143(1) intimation surprises.
Per-client computation in both regimes with all deduction interactions modelled. Recommendation displayed with the rupee saving. Client-shareable PDF comparison sheet for the regime decision conversation, which under Section 115BAC requires explicit opt-in for the Old Regime each year.
One-click PDF computation sheet in CA-readable format. Section-wise breakdown of total income, deductions, tax payable, advance tax credit, refund or payable. Audit-defensible structure suitable for client meetings, scrutiny defence, or ICAI peer review documentation.
Download computed return data in formats accepted by the Income Tax e-filing portal and major utility software. JSON for portal direct upload; XML for legacy utilities. Take the output to your filing channel of choice — Finamize does not file on your behalf.
Add associates and articled clerks to your practice. Assign clients to specific team members. Partner-level visibility across the firm's entire book. Role-based access controls for client data, computation review, and final approval.
Every interaction with the client logged in one thread — document request, approval prompt, computation share, follow-up. Email and WhatsApp delivery via integrated providers. Reduces context switching between Finamize and external messaging tools.
Regulatory Framework
Under Section 139(1) of the Income Tax Act, 1961, every individual whose gross total income exceeds Rs 2,50,000 (Rs 3,00,000 for senior citizens, Rs 5,00,000 for super senior citizens) must file an ITR.
Late filing under Section 234F attracts a penalty of Rs 5,000 (Rs 1,000 if total income is below Rs 5,00,000). Interest under Section 234A applies at 1% per month on outstanding tax.
The New Tax Regime (Section 115BAC) is the default from AY 2024-25 onwards. Taxpayers must explicitly opt for the Old Regime if they wish to claim deductions under 80C, 80D, HRA, etc.
Form 26AS and the Annual Information Statement (AIS) must be reconciled before filing to avoid mismatches that trigger notices under Section 143(1).
E-verification via Aadhaar OTP, net banking, or DSC must be completed within 30 days of filing, failing which the return is treated as invalid.
Updated returns under Section 139(8A) can be filed within 24 months from the end of the relevant assessment year, subject to additional tax of 25-50%.
FAQ
Run your ITR practice in three steps. Upload, analyse, file. Built for ICAI-registered Chartered Accountants who handle 50 to 500 clients per season.