Every company registered in India must file the annual reportto the income tax department every year. This is one of the mandatory compliances for the companies registered in India. Irrespective of the turnover or the capital of the company, it is a mandatory procedure to follow and comply with all the rules.

Besides, the annual filing itself is a taxing process. So, it is better to take professional help to manage and comply with all the legal regulations in India. We, SV Consultant can assist you with income tax filing in Kollam and simplify the process for you. We are professionals acquiring several years of experience in Income tax filing.

Which companies are required to file annual return?

All companies ranging from Private limited, limited company, one-person company and Section 8 company aka Non-profit Organisation should report the annual filing in Kollam with the income tax offices in Kollam.

Before the annual filing in Kollam, the companies should audit the compliances and check whether all the information provided are accurate by examining the bank balance sheets, financial statements and bookkeeping records. The companies should hold board meetings to discuss and prepare the financial statements.