About Clear MAX ITC
Clear MAX ITC is a tax filing software from Defmacro Software that assists users in filing Income Tax Returns (ITR) for FY 2024-25 (AY 2025-26) online. It provides features like fast processing, secure data handling, and an easy-to-use interface so users can efficiently complete their tax submissions. The software includes a Frequently Asked Questions section to address common queries, ensuring users have the support they need throughout the filing process. Designed for individuals and businesses alike, Clear MAX ITC simplifies the complexities of tax filing while adhering to regulatory requirements. Key capabilities: user-friendly interface secure data encryption access to FAQs online submission support comprehensive tax guidelines Best for: individuals and businesses that need to file their income tax returns accurately and efficiently.
Clear's MaxITC, an AI-powered, cloud-based solution, highlights its core strength in maximizing Input Tax Credit (ITC) claims, essential for unblocking working capital and increasing profitability (up to 7% increase reported). The system addresses the gap where 95% of Indian businesses underclaim ITC by offering 100% automation and compliance. Key features include an industry-leading AI-based matching engine that runs auto-reconciliations between ERP data and GSTR-2B, minimizing manual effort and ensuring accurate capture of eligible credits. Deployment is simplified through a two-way integration with major ERPs via certified add-ons or API, enabling real-time data sync, scheduling auto-recons, and directly feeding payment decisions back into the accounting system. As a cloud service, it guarantees continuous updates to comply with evolving GST law, such as the GSTR-3B hard-locking. It also manages vendor compliance via automated, one-click communication across email and WhatsApp, thereby reducing follow-up efforts and cash flow impact. While specific, fixed pricing is not disclosed in the materials, the value is proven by the ₹9,000 crores unblocked for 3,000+ businesses.
Pros & Cons
- +Significantly reduces manual effort in reconciling GST invoices and ITC claims.
- +Helps unblock working capital by ensuring all eligible ITC is claimed.
- +Integrates seamlessly with major ERP systems for large enterprises.
- +Provides enterprise-grade security and compliance with SOC 2 and ISO 27001.
- +Offers intelligent dashboards and analytics for strategic decision-making.
- −Best value requires ERP readiness, which can increase implementation time and cost.
- −Smaller businesses with low invoice volume may not benefit fully from all features.
- −Dependence on accurate vendor data; incorrect vendor inputs can reduce effectiveness.
- −Implementation may require change management for procurement and AP teams.
Features
Key features
- AI-based matching engine
- Automatically reconciles purchase invoices against GST returns to maximize eligible ITC claims.
- Two-way ERP integration
- Pulls purchase register data and syncs payment decisions back to ERP systems.
- Vendor risk management
- Monitors vendor compliance and links filing behavior to payment terms.
- Automated vendor communication
- Sends emails and WhatsApp reminders to non-compliant vendors.
- Intelligent dashboards and reports
- Provides analytics for finance and tax teams to identify ITC leakage.
- Compliance-grade infrastructure
- SOC 2 and ISO 27001 certified for secure data handling.
- Working capital optimization
- Helps unblock capital by ensuring timely ITC claims.
Additional features
- Purchase invoice ingestion from ERP, Excel, or other sources
- Allows seamless data import for reconciliation.
- Auto-schedule reconciliation of purchase register vs GSTR-2A/2B
- Runs automatic checks for ITC eligibility.
- Match invoices to vendor filings at GSTIN/PAN level
- Ensures data accuracy for each vendor.
- Identify missing or non-compliant invoices/vendors
- Highlights potential ITC losses and compliance gaps.
- Automate vendor communications via email and WhatsApp
- Reduces manual follow-up and improves compliance.
- Vendor payment conditional on compliance
- Enables organizations to enforce vendor filing requirements.
- Real-time ERP sync / two-way integration
- Supports both ingestion of data and posting results back to ERP.
- Intelligent dashboards & reporting
- Provides views by vendor, reconciliation status, and ITC summary.
- Compliance with evolving GST/ITC regulations
- Keeps the software updated with Indian GST law changes.
- Cloud-based deployment
- Ensures data is accessible and secure from ISO 27001 certified data centers.
Pricing
Countries & Languages
Available in
Interface languages
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About Clear MAX ITC
Clear MAX ITC is a tax filing software from Defmacro Software that assists users in filing Income Tax Returns (ITR) for FY 2024-25 (AY 2025-26) online. It provides features like fast processing, secure data handling, and an easy-to-use interface so users can efficiently complete their tax submissions. The software includes a Frequently Asked Questions section to address common queries, ensuring users have the support they need throughout the filing process. Designed for individuals and businesses alike, Clear MAX ITC simplifies the complexities of tax filing while adhering to regulatory requirements. Key capabilities: user-friendly interface secure data encryption access to FAQs online submission support comprehensive tax guidelines Best for: individuals and businesses that need to file their income tax returns accurately and efficiently.
Clear MAX ITC Details
Clear MAX ITC's In-App Market Place
Does Clear MAX ITC have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
INR (₹)
Pros & Cons
- Significantly reduces manual effort in reconciling GST invoices and ITC claims.
- Helps unblock working capital by ensuring all eligible ITC is claimed.
- Integrates seamlessly with major ERP systems for large enterprises.
- Provides enterprise-grade security and compliance with SOC 2 and ISO 27001.
- Offers intelligent dashboards and analytics for strategic decision-making.
- Best value requires ERP readiness, which can increase implementation time and cost.
- Smaller businesses with low invoice volume may not benefit fully from all features.
- Dependence on accurate vendor data; incorrect vendor inputs can reduce effectiveness.
- Implementation may require change management for procurement and AP teams.
Clear MAX ITC's Support Options
Email Address
enquiries@cleartax.inContact
+91 80674 58777Clear MAX ITC's Alternatives
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