3

Software Requirements Specification (SRS) for Freelancer Income Tax Calculator

Introduction

Purpose:

The purpose of this document is to define the requirements for the development of a Freelancer Income Tax Calculator. This web-based application aims to help freelancers estimate their income tax liability, considering deductions and exemptions.

Scope:

The Freelancer Income Tax Calculator will provide freelancers with an interface to input details such as income sources, deductions, exemptions, and other relevant parameters. The application will calculate and display the estimated income tax liability.

System Overview

System Description:

The system will be a client-server application. Freelancers will access the Freelancer Income Tax Calculator through a web browser. The server will handle the logic for income tax calculations

System Architecture:

The application will follow a three-tier architecture: presentation layer (client-side browser), application layer (server-side processing), and data layer (storage and retrieval of data).

Functional Requirements

Use Cases:

Estimate Income Tax Liability:

  • Freelancers can input details such as income from different sources (services, projects, etc.), deductions (business expenses, eligible deductions), exemptions, and other relevant parameters.
  • The system will calculate and display the estimated income tax liability based on the entered details.

Functional Requirements:

Input:

The system shall allow freelancers to enter the following details:

  • Income from Freelancing Services (Decimal)
  • Income from Other Sources (Decimal)
  • Business Expenses (Decimal)
  • Eligible Deductions (Text or Structured Data)
  • Exemptions (Text or Structured Data)
  • Other Relevant Parameters (if applicable)

Calculation:

  • The system shall calculate the estimated income tax liability based on the entered details.

Output:

  • The system shall display the calculated estimated income tax liability to the freelancer.

External Interface Requirements

 User Interfaces:

  • The user interface shall consist of input fields for income details, deductions, exemptions, and a “Calculate” button.
  • The calculated estimated income tax liability shall be displayed prominently.

Hardware Interfaces:

The system should be compatible with standard computing hardware.

Software Interfaces:

  • The application will be developed using HTML, CSS, and JavaScript for the frontend.
  • The backend can be implemented using a server-side framework (e.g., Node.js, Django) with a database for data storage.

Communication Interfaces:

The application will communicate with the server for income tax calculations.

Performance Requirements

Response Time:

The system should provide a response time of under 3 seconds for a typical user input.

Throughput:

The application should handle at least 50 simultaneous users.

System Constraints

Regulatory Requirements:

The application should comply with relevant tax regulations and laws.

Hardware Limitations:

The system should be compatible with devices supporting standard web browsers.

Security Requirements

Authentication:

User authentication may be implemented for personalized features.

Data Protection:

User data, if stored, should be securely protected.

Quality Attributes

Reliability:

The application should provide accurate estimates of income tax liability based on the entered details.

Maintainability:

The code should be well-documented for ease of maintenance.

Usability:

The user interface should be intuitive, requiring minimal guidance.

Testing Requirements

Test Cases:

Test cases should cover various scenarios with different income details, deductions, exemptions, and other parameters to ensure accurate estimates of income tax liability.

  • Test Case 1:

    • Inputs: Income from Freelancing Services = $50,000, Income from Other Sources = $5,000, Business Expenses = $10,000, Eligible Deductions = $5,000, Exemptions = $2,000.
    • Expected Output: Calculate estimated income tax liability.

  • Test Case 2:

    • Inputs: Income from Freelancing Services = 3,00,000 INR, Income from Other Sources = 20,000 INR, Business Expenses = 50,000 INR, Eligible Deductions = 10,000 INR, Exemptions = 5,000 INR.
    • Expected Output: Calculate estimated income tax liabilit

Acceptance Criteria:

The application is considered successful if it produces correct estimates of income tax liability based on the provided details.

Project Timeline

Milestones:

Design, Development, Testing, Deploymen

Development Phases:

Frontend development, Backend development, Testing, Deployment.

Glossary

None

Database Structure

Tables:

FreelancerIncomeTax_Calculator_Records:

  • RecordID (Primary Key, Auto-increment)
  • UserID (Foreign Key, if user accounts are implemented)
  • IncomeFromFreelancing (Decimal)
  • IncomeFromOtherSources (Decimal)
  • BusinessExpenses (Decimal)
  • EligibleDeductions (Text or Structured Data)
  • Exemptions (Text or Structured Data)
  • EstimatedTaxLiability (Decimal)
  • CalculationDate (DateTime)

Conclusion

This SRS document outlines the requirements for the Freelancer Income Tax Calculator. It serves as a guide for the development team and ensures that the application meets the specified criteria. Review and approval by relevant stakeholders are essential before proceeding with the development phase.

274 comments

  4. After going over a number of the blog articles on your web page, I truly like your technique of blogging. I bookmarked it to my bookmark webpage list and will be checking back in the near future. Please visit my web site too and let me know how you feel.

  12. Can I simply say what a relief to discover somebody that really knows what they are discussing on the web. You definitely know how to bring a problem to light and make it important. More people ought to check this out and understand this side of the story. I can’t believe you are not more popular since you certainly have the gift.

  13. You are so cool! I do not suppose I’ve truly read anything like this before. So good to find another person with some unique thoughts on this issue. Seriously.. thank you for starting this up. This website is one thing that’s needed on the web, someone with some originality.

  16. An impressive share! I have just forwarded this onto a co-worker who was conducting a little homework on this. And he actually ordered me dinner because I stumbled upon it for him… lol. So let me reword this…. Thanks for the meal!! But yeah, thanks for spending time to discuss this issue here on your internet site.

  17. I’m amazed, I must say. Rarely do I come across a blog that’s both equally educative and engaging, and without a doubt, you have hit the nail on the head. The problem is something that too few folks are speaking intelligently about. I’m very happy that I stumbled across this in my search for something concerning this.

  18. You’re so interesting! I do not think I have read anything like that before. So wonderful to find another person with genuine thoughts on this subject matter. Really.. thank you for starting this up. This website is one thing that is needed on the web, someone with a bit of originality.

  20. After I originally left a comment I appear to have clicked on the -Notify me when new comments are added- checkbox and now every time a comment is added I get four emails with the same comment. There has to be a way you can remove me from that service? Kudos.

  22. Right here is the perfect website for anybody who hopes to understand this topic. You know a whole lot its almost hard to argue with you (not that I personally would want to…HaHa). You certainly put a fresh spin on a topic that’s been written about for decades. Excellent stuff, just great.

  23. That is a great tip especially to those new to the blogosphere. Simple but very precise info… Appreciate your sharing this one. A must read post!

  26. I must thank you for the efforts you have put in penning this site. I really hope to see the same high-grade content from you later on as well. In fact, your creative writing abilities has motivated me to get my own website now 😉

  31. I was pretty pleased to find this page. I want to to thank you for your time due to this wonderful read!! I definitely enjoyed every bit of it and I have you saved to fav to look at new things on your website.

  32. Right here is the perfect web site for everyone who wants to understand this topic. You realize a whole lot its almost tough to argue with you (not that I actually will need to…HaHa). You definitely put a brand new spin on a subject which has been discussed for many years. Great stuff, just wonderful.

  37. Hi, I believe your website could possibly be having browser compatibility problems. Whenever I look at your blog in Safari, it looks fine however, when opening in I.E., it’s got some overlapping issues. I simply wanted to provide you with a quick heads up! Apart from that, great website!

  40. A motivating discussion is definitely worth comment. I believe that you need to write more on this subject, it may not be a taboo subject but generally people don’t talk about such topics. To the next! All the best!

  42. An interesting discussion is definitely worth comment. I believe that you should publish more on this subject matter, it may not be a taboo subject but generally people do not speak about these subjects. To the next! All the best.

  46. You’re so awesome! I do not suppose I have read through anything like that before. So wonderful to find another person with a few unique thoughts on this subject matter. Seriously.. thank you for starting this up. This website is something that’s needed on the web, someone with some originality.

  48. Hi, I do think this is an excellent site. I stumbledupon it 😉 I am going to return yet again since I book-marked it. Money and freedom is the greatest way to change, may you be rich and continue to guide other people.

  49. An interesting discussion is definitely worth comment. I think that you ought to publish more on this subject, it might not be a taboo subject but typically folks don’t discuss such topics. To the next! All the best.

  50. After looking into a number of the blog articles on your blog, I seriously like your way of writing a blog. I saved it to my bookmark site list and will be checking back soon. Please check out my website too and let me know what you think.

  51. Can I simply just say what a relief to find somebody who genuinely knows what they are talking about on the web. You actually understand how to bring a problem to light and make it important. More people must read this and understand this side of your story. I can’t believe you aren’t more popular given that you most certainly have the gift.

  52. Hi, I do believe this is an excellent site. I stumbledupon it 😉 I will come back once again since I bookmarked it. Money and freedom is the greatest way to change, may you be rich and continue to guide other people.

  53. I have to thank you for the efforts you have put in writing this site. I’m hoping to view the same high-grade content by you in the future as well. In fact, your creative writing abilities has motivated me to get my very own blog now 😉

  54. Having read this I believed it was extremely enlightening. I appreciate you taking the time and effort to put this informative article together. I once again find myself personally spending a lot of time both reading and leaving comments. But so what, it was still worthwhile!

  56. I wanted to thank you for this very good read!! I definitely enjoyed every little bit of it. I have got you bookmarked to check out new stuff you post…

  57. After going over a number of the blog posts on your web site, I seriously appreciate your technique of blogging. I bookmarked it to my bookmark site list and will be checking back in the near future. Please visit my website as well and tell me your opinion.

  59. I’m more than happy to discover this website. I wanted to thank you for your time for this wonderful read!! I definitely savored every bit of it and i also have you saved as a favorite to see new things on your site.

  79. Good day! Do you know if they make any plugins to assist with Search Engine Optimization? I’m trying
    to get my website to rank for some targeted keywords but I’m
    not seeing very good gains. If you know of any please share.
    Cheers! I saw similar article here: Warm blankets

  81. Hi there! I could have sworn I’ve been to this blog before but after browsing through a few of the articles I realized it’s new to me. Nonetheless, I’m certainly happy I came across it and I’ll be bookmarking it and checking back frequently!

  84. Good post. I learn something new and challenging on sites I stumbleupon every day. It’s always useful to read content from other writers and practice something from their websites.

  90. Hello, I do think your site could be having internet browser compatibility problems. When I look at your web site in Safari, it looks fine but when opening in Internet Explorer, it has some overlapping issues. I merely wanted to give you a quick heads up! Aside from that, excellent website.

  92. I blog quite often and I truly thank you for your content. Your article has truly peaked my interest. I am going to bookmark your blog and keep checking for new details about once a week. I opted in for your Feed too.

  95. An outstanding share! I’ve just forwarded this onto a colleague who had been conducting a little homework on this. And he actually ordered me lunch simply because I found it for him… lol. So allow me to reword this…. Thanks for the meal!! But yeah, thanks for spending time to talk about this topic here on your site.

  96. May I simply say what a relief to discover someone who actually knows what they are discussing on the net. You certainly realize how to bring an issue to light and make it important. A lot more people really need to look at this and understand this side of your story. I was surprised you aren’t more popular given that you most certainly have the gift.

  97. You have made some decent points there. I checked on the internet for more info about the issue and found most people will go along with your views on this site.

  100. Hello there, I believe your website could be having web browser compatibility problems. Whenever I take a look at your website in Safari, it looks fine however when opening in Internet Explorer, it’s got some overlapping issues. I simply wanted to provide you with a quick heads up! Aside from that, fantastic website.

  102. Nice post. I learn something totally new and challenging on websites I stumbleupon on a daily basis. It’s always interesting to read through articles from other writers and practice something from other websites.

  104. When I initially commented I seem to have clicked the -Notify me when new comments are added- checkbox and now each time a comment is added I get four emails with the exact same comment. There has to be a way you can remove me from that service? Cheers.

  120. Hi, I think your website may be having web browser compatibility issues. Whenever I look at your blog in Safari, it looks fine however, when opening in IE, it’s got some overlapping issues. I just wanted to give you a quick heads up! Apart from that, wonderful site.

  123. Great site you’ve got here.. It’s difficult to find high-quality writing like yours these days. I seriously appreciate individuals like you! Take care!!

  124. This is a very good tip especially to those new to the blogosphere. Short but very accurate information… Thank you for sharing this one. A must read post.

  125. Hello there! I just would like to offer you a big thumbs up for the great information you’ve got right here on this post. I’ll be coming back to your blog for more soon.

  129. Aw, this was an incredibly nice post. Taking a few minutes and actual effort to produce a very good article… but what can I say… I procrastinate a lot and never manage to get nearly anything done.

  136. I have to thank you for the efforts you’ve put in writing this site. I am hoping to check out the same high-grade blog posts by you in the future as well. In fact, your creative writing abilities has inspired me to get my own, personal site now 😉

  145. You made some decent points there. I checked on the web for additional information about the issue and found most people will go along with your views on this web site.

  151. This is the right blog for anyone who really wants to find out about this topic. You realize so much its almost tough to argue with you (not that I personally would want to…HaHa). You definitely put a new spin on a subject that’s been discussed for ages. Excellent stuff, just excellent.

  168. Hi there! This post could not be written any better! Going through this post reminds me of my previous roommate! He continually kept preaching about this. I most certainly will send this article to him. Pretty sure he’ll have a very good read. Thank you for sharing!

  171. I’m amazed, I have to admit. Rarely do I encounter a blog that’s equally educative and entertaining, and without a doubt, you’ve hit the nail on the head. The problem is something which too few men and women are speaking intelligently about. Now i’m very happy I found this in my hunt for something regarding this.

  178. Hi there! This article could not be written any better! Looking at this article reminds me of my previous roommate! He continually kept preaching about this. I am going to forward this article to him. Pretty sure he’s going to have a good read. Thanks for sharing!

  182. An impressive share! I have just forwarded this onto a co-worker who has been conducting a little research on this. And he in fact bought me breakfast simply because I stumbled upon it for him… lol. So let me reword this…. Thanks for the meal!! But yeah, thanks for spending the time to talk about this topic here on your web page.

  185. Aw, this was an extremely good post. Spending some time and actual effort to produce a very good article… but what can I say… I hesitate a lot and never manage to get nearly anything done.

  186. I was pretty pleased to uncover this page. I want to to thank you for your time just for this wonderful read!! I definitely liked every part of it and I have you saved to fav to look at new things on your website.

  189. This is the right website for anyone who would like to find out about this topic. You know so much its almost tough to argue with you (not that I actually would want to…HaHa). You definitely put a fresh spin on a subject that’s been discussed for many years. Wonderful stuff, just great.

  190. A motivating discussion is definitely worth comment. I do believe that you ought to publish more about this subject, it might not be a taboo matter but typically people don’t speak about these issues. To the next! Kind regards.

  193. You’re so interesting! I do not suppose I’ve read anything like this before. So great to discover somebody with some unique thoughts on this subject. Really.. thanks for starting this up. This web site is one thing that is needed on the internet, someone with a bit of originality.

  195. Right here is the right site for anyone who wishes to understand this topic. You understand a whole lot its almost hard to argue with you (not that I personally would want to…HaHa). You definitely put a fresh spin on a topic that has been written about for decades. Wonderful stuff, just wonderful.

  200. Oh my goodness! Awesome article dude! Thank you, However I am having problems with your RSS. I don’t know the reason why I cannot join it. Is there anyone else getting the same RSS issues? Anyone who knows the answer will you kindly respond? Thanks!

  203. You are so cool! I do not believe I’ve truly read through anything like that before. So wonderful to find somebody with some genuine thoughts on this subject. Seriously.. thank you for starting this up. This site is one thing that is required on the internet, someone with a little originality.

  211. An impressive share! I have just forwarded this onto a colleague who has been doing a little research on this. And he actually bought me dinner due to the fact that I stumbled upon it for him… lol. So allow me to reword this…. Thanks for the meal!! But yeah, thanks for spending some time to talk about this topic here on your blog.

  213. Your style is unique in comparison to other folks I have read stuff from. I appreciate you for posting when you’ve got the opportunity, Guess I will just book mark this web site.

  216. Hi there, I do believe your site may be having internet browser compatibility problems. Whenever I look at your blog in Safari, it looks fine but when opening in Internet Explorer, it’s got some overlapping issues. I just wanted to give you a quick heads up! Other than that, fantastic website!

  220. Good post. I learn something totally new and challenging on sites I stumbleupon every day. It’s always interesting to read articles from other authors and practice something from their sites.

  222. Your style is unique compared to other people I’ve read stuff from. Many thanks for posting when you’ve got the opportunity, Guess I’ll just bookmark this page.

  227. Hi! I could have sworn I’ve visited your blog before but after browsing through a few of the articles I realized it’s new to me. Anyways, I’m definitely delighted I found it and I’ll be book-marking it and checking back frequently!

  228. Everything is very open with a really clear clarification of the challenges. It was really informative. Your website is extremely helpful. Thank you for sharing!

  231. Hello there! I could have sworn I’ve visited this blog before but after browsing through a few of the articles I realized it’s new to me. Anyhow, I’m certainly delighted I stumbled upon it and I’ll be book-marking it and checking back often!

  233. Having read this I believed it was extremely informative. I appreciate you finding the time and effort to put this article together. I once again find myself personally spending a significant amount of time both reading and leaving comments. But so what, it was still worth it.

  234. I’m impressed, I have to admit. Seldom do I encounter a blog that’s both equally educative and engaging, and without a doubt, you have hit the nail on the head. The problem is something which too few folks are speaking intelligently about. Now i’m very happy I stumbled across this during my search for something relating to this.

  239. I blog often and I seriously thank you for your information. This article has truly peaked my interest. I will bookmark your website and keep checking for new information about once a week. I opted in for your Feed too.

  242. This is the perfect web site for anyone who would like to find out about this topic. You know so much its almost hard to argue with you (not that I personally would want to…HaHa). You certainly put a new spin on a topic which has been discussed for a long time. Excellent stuff, just great.

  245. I seriously love your blog.. Excellent colors & theme. Did you create this amazing site yourself? Please reply back as I’m wanting to create my own site and would love to learn where you got this from or just what the theme is named. Many thanks.

  246. I have to thank you for the efforts you’ve put in penning this website. I really hope to check out the same high-grade blog posts from you in the future as well. In truth, your creative writing abilities has encouraged me to get my own, personal site now 😉

  249. Hello, There’s no doubt that your website may be having web browser compatibility issues. When I look at your blog in Safari, it looks fine however when opening in Internet Explorer, it has some overlapping issues. I just wanted to give you a quick heads up! Besides that, wonderful website.

  252. Right here is the perfect website for anyone who hopes to find out about this topic. You know so much its almost hard to argue with you (not that I actually will need to…HaHa). You certainly put a new spin on a topic that’s been discussed for ages. Great stuff, just wonderful.

  253. I’m impressed, I have to admit. Rarely do I come across a blog that’s both educative and entertaining, and without a doubt, you have hit the nail on the head. The problem is something that not enough men and women are speaking intelligently about. I am very happy that I stumbled across this in my hunt for something regarding this.

  257. Good day! I just want to give you a huge thumbs up for the excellent info you have right here on this post. I am returning to your blog for more soon.

  260. After checking out a handful of the articles on your blog, I really like your technique of writing a blog. I added it to my bookmark webpage list and will be checking back soon. Take a look at my website too and tell me what you think.

  263. I blog quite often and I genuinely thank you for your information. This article has really peaked my interest. I’m going to take a note of your website and keep checking for new information about once per week. I subscribed to your Feed as well.

  265. You’re so cool! I don’t suppose I’ve read something like this before. So wonderful to find someone with a few genuine thoughts on this topic. Really.. many thanks for starting this up. This website is something that is needed on the web, someone with some originality.

  266. Having read this I thought it was really enlightening. I appreciate you taking the time and effort to put this short article together. I once again find myself personally spending way too much time both reading and commenting. But so what, it was still worthwhile!

  268. The very next time I read a blog, Hopefully it doesn’t disappoint me just as much as this one. I mean, Yes, it was my choice to read through, however I genuinely thought you would have something useful to talk about. All I hear is a bunch of crying about something that you could fix if you were not too busy seeking attention.

  270. Aw, this was an extremely good post. Finding the time and actual effort to make a great article… but what can I say… I put things off a whole lot and don’t manage to get nearly anything done.

  271. I’m amazed, I must say. Rarely do I come across a blog that’s both educative and interesting, and let me tell you, you have hit the nail on the head. The issue is an issue that too few men and women are speaking intelligently about. I am very happy that I came across this in my search for something regarding this.

  272. I blog often and I really appreciate your information. Your article has really peaked my interest. I am going to take a note of your site and keep checking for new information about once per week. I subscribed to your RSS feed too.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like
46

Software Requirements Specification (SRS) for EMI Calculator

Software Requirements Specification (SRS) for EMI Calculator Introduction Purpose: The purpose of…
6

Software Requirements Specification (SRS) for Loan Tenure Calculator

Software Requirements Specification (SRS) for Loanecur Tenure Calculator Introduction Purpose: The purpose…
38 1

Software Requirements Specification (SRS) for Home Loan EMI Calculator

Software Requirements Specification (SRS) for Home Loan EMI Calculator Introduction Purpose: The…
38

Software Requirements Specification (SRS) for Car Loan EMI Calculator

Software Requirements Specification (SRS) for Car Loan EMI Calculator Introduction Purpose: The…