Ensure your annual tax and VAT filings are submitted before the upcoming deadline to avoid penalties and interest.
A reminder to all clients that the annual income tax filing deadline is approaching.
Entities that miss the deadline face interest on unpaid balances and penalties under the prevailing Tax Act, and late filing can also affect participation in future government tenders. Our team recommends reconciling TDS, VAT credits, and advance tax payments before preparing the final return.
If you would like MGC Associates to review or file your annual return, please share your records with our tax desk as early as possible so filings are not rushed at the deadline.
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