KDK Softwares

Last updated

KDK Softwares Pvt. Ltd.
Company type Private
Industry Tax compliance software
Founded2003;22 years ago (2003)
FounderKapil Goyal
Headquarters
Jaipur
,
India
Area served
India
Products
  • ExpressGST
  • ExpressITR
  • ExpressTDS
  • ExpressRECO
  • KDK Spectrum
Website www.kdksoftware.com

KDK Softwares (India) Private Limited, commonly referred to as KDK Software, is an Indian company that develops tax compliance software. Founded in 2003 and headquartered in Jaipur, Rajasthan, the company creates software for Chartered Accountant, tax professionals, and small-to-medium-sized enterprises (SMEs). [1]

Contents

History

In 2010, the company made its debut at ICAI’s Annual Corporate Forum in Mumbai to showcase the use of technology in compliance. [2] In later years, it became an active participant in national forums on taxation including National Conference on GST organized by ASSOCHAM [3] , and several taxation summits [4] [5] .

In 2014, the company was acquired by Intuit Inc., a US-based financial software company. [6] [7] [8] [9] The acquisition resulted in the integration of KDK’s tax compliance solutions with Intuit’s QuickBooks accounting software for the Indian market. [10] In 2017, the company launched a nationwide helpline to address GST-related queries, [11] responding to the uncertainty surrounding the introduction of the new tax system in India. [12] Later, in 2021, the company launched a software for GST compliance. [13]

Partnerships and collaborations

KDK Software has entered into a few collaborations and partnerships, including a 2020 empanelment with ICAI to offer a Tax Deducted at Source compliance software to its members, [14] [15] and a 2022 Memorandum of Understanding (MoU) with All India Federation of Tax Practitioners (AIFTP) to provide a GST compliance software. [16] That same year, the company also participated in ICAI’s benefit schemes, offering GST, and annual return filing solutions. [17]

References

  1. ↑ "K.d.k. Softwares (india) Private Limited Information - K.d.k. Softwares (india) Private Limited Company Profile, K.d.k. Softwares (india) Private Limited News on The Economic Times". The Economic Times. Retrieved 13 January 2025.
  2. ↑ Government of India (29 September 2010). Union Government, Extraordinary, 2010-09-29, Part III-Section 4, Ref. No. 1-CA(5)/61/2010.
  3. ↑ "ASSOCHAM | Knowledge Architect of India". www.assocham.org. Retrieved 6 February 2025.
  4. ↑ "Home | 11th Edition Tax Strategy & Planning Summit & Awards 2025". taxationsummit.in. Retrieved 6 February 2025.
  5. ↑ "Home | Smart Future Of Tax And Finance Summit & Awards 2024". tnfsummit.empiricbusinessmedia.com. Retrieved 6 February 2025.
  6. ↑ "Intuit acquires tax filing startup KDK Softwares". The Hindu. 30 July 2014. ISSN   0971-751X . Retrieved 30 December 2024.
  7. ↑ "Intuit buys Jaipur-based KDK Softwares". The Times of India. 1 August 2014. ISSN   0971-8257 . Retrieved 6 February 2025.
  8. ↑ "Intuit of US buys out Jaipur-based tax solutions firm KDK Software". Firstpost. 30 July 2014. Retrieved 27 January 2025.
  9. ↑ "Intuit acquires Jaipur-based taxation software development firm KDK Softwares". VCCircle. Retrieved 27 January 2025.
  10. ↑ Press Trust of India. "Intuit to acquire tax solutions firm KDK Software". Archived from the original on 2 May 2018. Retrieved 13 January 2025.
  11. ↑ "Jaipur firm creates helpline for GST queries". BusinessLine. 4 January 2017. Retrieved 20 January 2025.
  12. ↑ Video | April 1 Rollout Of GST Reforms? Not Going To Happen, Warn Some States . Retrieved 20 January 2025– via www.ndtv.com.
  13. ↑ Release, ANI Press (17 September 2021). "KDK Software launches one of the most advanced GSTR-2A/2B tool for reconciliation - Express GST". Archived from the original on 1 December 2022. Retrieved 20 January 2025.
  14. ↑ "ICAI Lists GST software by KDK Software". Dainik Navajyoti.
  15. ↑ "ICAI empanels Jaipur co's GST software". Times Of India.
  16. ↑ "KDK Software announces MoU with All India Federation of Tax Practitioners (AIFTP)". ANI News. Retrieved 30 December 2024.
  17. ↑ Institute of Chartered Accountants of India. Annual Report 2022–23, p. 77. Available online. Archived at Wayback Machine.
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