CompuTax 2012 :: Update v1.2

CompuTax 2012 v1.2

• e-TDS FVU v3.4 implemented

CompuTax 2011 v21.3

• e-TDS FVU v3.4 implemented

CompuTax 2012 Launched

Instructions for Updations:

For instructions on Installation and Migration of CompuTax 2012, refer to:
http://support1112.cubicsys.in/home/chapters/computax-2012

Changes in new Versions:

• CompuTax 2012-13 # 1.1
• Income Tax
• New Income Tax slabs
• Senior Citizen age changed to 60
• Very Senior Citizen slab introduced
• Alternative Minimum Tax for LLP u/s 115JC
• Business & Profession: Section 35 (2AA) benefit changed to 200%
• Pension u/s 80CCD changed for Employer's contribution
• e-TDS
• support for FVU 3.3 for Financial Year 2010-11 onwards (FY2010-11 to FY2012-13)
• CompuTax 2011-12 # 21.2
• Changes to enable Migration with CompuTax 2012-13
• Other House Property included in Migration
• NSC Accrued Interest details included in Migration
• XBRL Current Year information included in Migration
• Wealth Tax included in Migration
• CompuTax 2010-11 # 35.7
• PAN of Minor/Spouse stored when clubbing income
• Share in Profit of Firms Negative Value handled.

New Contact Information for Support to Mumbai Clients

Kindly note that phone support for Mumbai based clients will be available on 09655062649 from Tuesday, Feb 21, 2012.