ClearTax
 | |
| Type | Private |
|---|---|
| Founded | 2011 |
| Headquarters | New Delhi, India |
| Area served | India |
| Founder(s) | Archit Gupta |
| Key people |
Srivatsan Chari Ankit Solanki |
| Industry | Income tax in India |
| Parent | ClearSharp Pvt. Ltd |
| Website |
www |
ClearTax is an Indian Income Tax Return e-filing website. ClearTax helps Individuals file their Tax returns online via their website- all a user has to do is upload their Form-16 PDF and the ClearTax software prepares the tax return instantly and automatically. ClearTax processed tax return e-filings for 300,000 individuals in assessment year 2014-15.[1] An estimated 1 million users filed their returns using the site for the assessment year 2015-16 [reference needed].
History
ClearTax was founded in 2011 by Archit Gupta along with his father Raja Ram Gupta, a Chartered Accountant; Srivatsan Chari; and Ankit Solanki. Archit is an IIT Guwahati alumnus who went on pursue a master in computer science from the University of Wisconsin-Madison.
ClearTax was selected for Y Combinator Summer batch of 2014 (YCS14) as one of 47 startups.[1] It was only the fourth Indian startup to be ever funded by Y Combinator and the first one to be focused on the Indian market.[2]
Product and Business
ClearTax helps people e-file I-T returns by parsing the uploaded Form-16 as compared to Income Tax department’s excel/Java based software.[1]
The company offers the following products in the 'taxes' domain:
- ClearTax (https://cleartax.in/) - It helps to prepare & file the Income Tax Return online. It is simple to use and offers quick support when you need help.
- ClearTDS (https://cleartds.com/) - Prepare TDS (FVU) without installing any software. FVU stands for File Validation Utility.
- TaxCloud (https://taxcloudindia.com/) - Web based IT Return and e-TDS Software for CAs, Accountants and Companies.
All the services on the website are free of cost, however for special assistance there are paid CA plans.
Key Partnerships
- Government of Karnataka partnered with ClearTax for their m-governance platform — Karnataka Mobile One to provide e-filing services to all Karnataka citizens.[3]
- Institute of Chartered Accountants of India (ICAI) launched TaxCloudIndia in partnership with ClearTax as an initiative for capacity building of CA firms and small & medium practitioners.[4]
