Filing Income Tax Returns (ITR) in India for FY 2024-25 has been simplified with AI-powered tools like ClearTax AI, EZTax AI, and TaxBuddy SmartBot. These platforms offer automated, user-friendly experiences, ideal for salaried individuals using ITR-1. By automating form selection, data entry, and verification, they minimize manual errors and help save time. However, users must review all details for accuracy and meet filing deadlines.
1. ClearTax AI: Automatically computes tax and suggests deductions by uploading Form-16 and PAN, providing charts and real-time tracking.
2. EZTax AI: Recognizes Form-16 images, fetches data from the IT Department, and guides users through filing processes.
3. TaxBuddy SmartBot: Offers AI-based guidance and the option to consult tax experts, covering various income types.
While these tools enhance efficiency, users must ensure verification and retain records for compliance. Always consult tax professionals for complex scenarios.