MC Associates provides comprehensive taxation services with expert guidance, timely compliance, and maximum tax savings. Whether you need income tax filing, GST compliance, tax planning, or international taxation services, we're here to simplify taxes for you with accuracy and expertise.
Explore Tax ServicesTrusted taxation solutions provider delivering accurate, timely, and compliant tax services to individuals and businesses.
We identify all eligible deductions and exemptions to minimize your tax liability legally and ethically.
Ensure full compliance with tax laws, regulations, and deadlines to avoid penalties and legal issues.
Our team of Chartered Accountants and tax experts provide personalized guidance for your unique situation.
We ensure all tax returns and compliances are filed well before deadlines to avoid late fees.
Choose from our wide range of taxation services designed to meet all your tax compliance and planning needs.
Complete income tax return filing for individuals, HUF, partnership firms, companies, and other entities with maximum deduction claims.
End-to-end GST compliance including registration, return filing, refund processing, audit, and litigation support for businesses.
Strategic tax planning for individuals and businesses to optimize tax liability through legal deductions, exemptions, and investments.
Tax compliance for NRIs, foreign companies, expatriates, and cross-border transactions including DTAA and transfer pricing.
Representation during tax assessments, audits, and appeals before income tax authorities and appellate tribunals.
Complete TDS compliance including deduction, deposit, return filing, and issuance of certificates for various types of payments.
Specialized tax services for startups including tax holiday planning, angel tax exemption, and SEBI compliance.
Tax compliance for trusts, societies, Section 8 companies, and NGOs including registration under Section 12A/12AA/80G.
Tax compliance for e-commerce, digital businesses, crypto transactions, and online service providers under new tax regulations.
Calculate your approximate tax liability for FY 2024-25 (AY 2025-26) with our interactive tax calculator
Stay updated with crucial tax deadlines for FY 2024-25 to avoid penalties and interest
Due date for filing belated/revised return for FY 2023-24 (AY 2024-25)
First installment of advance tax for FY 2024-25 (15% of total tax liability)
Due date for income tax return filing for FY 2024-25 (non-audit cases)
Second installment of advance tax for FY 2024-25 (45% of total tax liability)
Third installment of advance tax for FY 2024-25 (75% of total tax liability)
Fourth installment of advance tax for FY 2024-25 (100% of total tax liability)
Due date for income tax return filing for FY 2024-25 (audit cases)
Get your tax compliance done in just 4 simple steps with our systematic approach
We understand your financial situation, income sources, and tax compliance requirements.
We collect and organize all necessary documents and financial statements for tax filing.
We calculate your tax liability, identify deductions, and file your returns accurately.
We provide acknowledgment, assessment support, and year-round tax advisory services.
Find answers to common questions about taxation services and compliance requirements
Basic documents include: PAN card, Aadhaar card, Form 16 (if salaried), bank statements (April-March), investment proofs (PPF, ELSS, insurance premiums), home loan interest certificate, rent receipts (if HRA claimed), capital gains statements, and previous year's ITR acknowledgment. For business/profession: Profit & loss statement, balance sheet, audit reports if applicable.
For individuals (non-audit cases): July 31 of the assessment year. For businesses/professions requiring audit: October 31 of the assessment year. Belated returns can be filed by December 31 of the assessment year with penalty. Revised returns can be filed within the end of the assessment year or before completion of assessment, whichever is earlier.
Late filing fee under Section 234F: ₹5,000 if filed after due date but before December 31. ₹10,000 if filed after December 31. Reduced to ₹1,000 if total income doesn't exceed ₹5 lakh. Interest under Section 234A: 1% per month on unpaid tax from due date to filing date. We help you file returns on time to avoid these penalties.
Yes, you can file a revised return under Section 139(5) if you discover any omission or wrong statement in the original return. Revised return can be filed anytime before the end of the relevant assessment year or before completion of assessment, whichever is earlier. We help identify errors and file revised returns to correct mistakes.
Old regime allows various deductions (80C, 80D, HRA, etc.) with higher tax rates. New regime offers lower tax rates but very limited deductions (only standard deduction of ₹50,000). Salaried individuals can choose between regimes each year, while business/profession must continue with chosen regime. We analyze which regime benefits you more based on your investments and deductions.
