6 Chapter VI A If any assessee wants to claim deductions under Chapter VI A

6 chapter vi a if any assessee wants to claim

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6. Chapter VI A: If any assessee wants to claim deductions under Chapter VI A which are not claimed in his form16 by his employer then one can put the details of such deductions in this tab. 7. 80G (Donations): While filing IT returns in case of claiming deductions for donations made during the previous year one needs the details of the donnee like his name, address, and pincode, PAN, and type of donation (100%,50%,with qualifying limit, without qualifying limit) thus this all is entered in this tab. 8. Computation: After all the details are filled in the above tabs, INTAX calculates the tax liability of the assessee based on the above information and prepares a tax summary. Finally when this tax summary is ready the tax expert shares it with the clients. After viewing the summary the clients approve it and the summary automatically gets converted into the appropriate ITR and again shared with the clients. Once the ITR is shared, the clients verify their details and income statement and tax liability and approve the ITR and hence the tax experts file the returns at one click. H&R Block being a Government intermediary can file returns easily and without any further procedure. Advantages of INTAX: The INTAX application is far better than filing returns from the Income Tax website which is very tedious and time consuming. On the income tax website one needs to separately fill the ITR whereas in INTAX the tax summary directly gets converted to ITR form.
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INTAX automatically calculates tax according to the age and data filled by the clients. INTAX does not accept wrong amounts (80C limit more than 1,50,000) hence chances of error are nil in computation of tax liability. Q3. On which segment do you target your services more? Response: We target all the individuals who are liable to pay taxes. We not only focus on high end customers, our other customers with comparatively lower income level are equally important to us. We believe in retaining our current customers and then attracting new customers. We customize our services according to the needs of our customers. So that we can make the process convenient and delightful. Inference Market Specialization In market specialization we have different products or services for the customers. H&R Block has customized their services by identifying the needs and creating different packages and options for its customers to choose according to that need. They offer a plethora of services at different prices. The DIY and OA services are offered starting from free at charge to a nominal price, whereas the retail service charges slightly higher as this service provides personalized face to face assistance and it is best suited for individuals with capital gains, dual taxation, ESOP workings, global income, sale of foreign shares and many more similar complications.
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Q4. How do you position your brand “H&R Block”?
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  • Fall '17
  • Mahvish ali

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