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Cleartax vs Tax2win: Comparison And Differences for ITR Filing

By Ektha Surana

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Updated on: Jul 12th, 2024

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3 min read

Filing taxes can be a daunting task, but online platforms like Cleartax and Tax2win have emerged to simplify the process. Users find it difficult to make a choice between the two and end up regretting their tax filing experience. They cater to different preferences. Understanding the notable differences between these platforms is crucial in selecting the most suitable income tax software for your specific needs. 
In this article, we present a detailed comparison of Cleartax vs Tax2win, enabling you to make an informed decision for your ITR requirements.

Comparison of Cleartax vs Tax2win

1. Self-filing plan

FeaturesCleartaxTax2win
Uploading Multiple Form-16s✔️✔️
Import annexure for Salary Break-up✔️✔️
Stock Brokers supported25+ brokersNo broker integrations (Only file upload)
Mutual Funds supportedBoth CAMS and KarvyNo broker integrations (Only file upload)
US Stockbrokers supported3 brokersSelf filing SaaS not available for individuals with foreign income
Crypto/VDA exchanges onboard20+ exchanges-
Standard Template for parsing✔️✔️
Tax Filing for Bonds and Debentures✔️✔️
Tax Filing for Deemed Capital Gains✔️-
Capital gains from Land, Buildings and Property✔️✔️
Tax Filing for RSUs and ESOPs✔️ -
Tax filing for Gaming and Lottery✔️ -
Section-54 to save tax on purchase of House✔️✔️
Prefill Freelancing and Business Income✔️Self Filing Platform (SaaS) not available for business professionals
Loss carry forward✔️-
24*7 Chat Support✔️✔️
Free Notice Management✔️-
Advanced Tax Insights ✔️✔️
Auto regime selection✔️✔️
Auto ITR type selection✔️✔️
Tax saving nudges✔️✔️

When it comes to self-filing plans, Cleartax and Tax2win offer several similar features, but there are notable differences. Cleartax provides a more comprehensive range of services, including support for foreign income, Crypto/VDA exchanges, deemed capital gains, and RSUs/ESOPs, free notice management. Tax2win, on the other hand, focuses primarily on self-filing for individuals with salary income and capital gains from shares. Cleartax supports integration with 25+ stockbrokers and supports both CAMS and Karvy mutual funds. On the other hand, Tax2win does not offer broker integrations but allows users to upload a template which users may find overwhelming.

2. Expert Assisted plan

Apart from the self-filing plan, both Cleartax and Tax2win offer expert-assisted plans with additional features and benefits. Here's a comparison of the expert-assisted plan features:

FeaturesCleartaxTax2win
Live chat support✔️-
Dedicated relationship manager✔️✔️
Response within an hour✔️-
Revised ITR return - ITR U filing✔️-
Live End to End filing over video call✔️Live filing not supported
Multi-channel document collection✔️✔️
Curated ITR plans for all kinds of income✔️✔️
Follow up emails✔️✔️
Follow up calls✔️✔️
Tax notice management✔️✔️
Advanced Tax Insights Report✔️-
Data security (User’s contact details not shared with CA)✔️-

Cleartax offers the convenience of live chat support, enabling users to receive immediate assistance in real-time. On the other hand, Tax2win does not have live chat support available. Cleartax is committed to providing timely support by ensuring a response within an hour for any queries or concerns, while Tax2win does not specify a specific response time. Additionally, Cleartax allows for the filing of revised ITR (Income Tax Return) using ITR U, whereas Tax2win does not specify anything about ITR-U filing in their expert-assisted plan.

Conclusion

Cleartax stands out as an all-encompassing income tax filing platform that caters to all filer and all types of income. Whether you are a salaried individual with multiple Form 16s or a freelancer with capital gains, Cleartax offers a seamless solution for your tax filing needs. Additionally, Cleartax provides detailed live demos on their YouTube channel, which can help you with your ITR filing. If you still find yourself unsure about your tax filing process, you have the option to seek assistance from a dedicated tax expert who can guide you through every step of filing your taxes, from start to finish.

About the Author

Multitasking between pouring myself coffees and poring over the ever-changing tax laws. Here, I've authored 100+ blogs on income tax and simplified complex income tax topics like the intimidating crypto tax rules, old vs new tax regime debate, changes in debt funds taxation, budget analysis and more. Some combinations I like- tax and content, finance & startups, technology & psychology, fitness & neuroscience. Read more

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Quick Summary

Filing taxes with Cleartax vs Tax2win, users find differences in self-filing and expert-assisted plans. Cleartax caters to a broader range, including foreign income support, while Tax2win focuses on salary and capital gains. Cleartax offers live chat support, response within an hour, and live demos, while Tax2win lacks live chat and specific response times. Cleartax's comprehensive services make it a preferred choice for various income types.

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Clear offers taxation & financial solutions to individuals, businesses, organizations & chartered accountants in India. Clear serves 1.5+ Million happy customers, 20000+ CAs & tax experts & 10000+ businesses across India.

Efiling Income Tax Returns(ITR) is made easy with Clear platform. Just upload your form 16, claim your deductions and get your acknowledgment number online. You can efile income tax return on your income from salary, house property, capital gains, business & profession and income from other sources. Further you can also file TDS returns, generate Form-16, use our Tax Calculator software, claim HRA, check refund status and generate rent receipts for Income Tax Filing.

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