LLP Annual Filing

What are LLP Annual Filing Compliances?

All you need to know

LLPs are separate legal entities; therefore, it is the responsibility of the Designated Partners to maintain a proper book of accounts and file an annual return with the MCA each financial year. LLP form 11, Form 8 & Income tax return are main compliances

 

LLP Annual Filing Forms:

Form 11:

Form 11 is a statement of annual return. Every LLP is required to file Annual Return in Form 11 to the Registrar within 60 days from the closure of financial year i.e. Annual Returns have to be filed on or before 30th May every year.

 

Form 8:

Form 8 is a statement of accounts. Every LLP is required to prepare and close its accounts until the 31st March every year. From 8 is to be filed by at least two Designated Partners with the Registrar within 30 days after completion of six months of Financial Year i.e. 30th October every year.

 

Late filing of such forms entail penalties of Rs. 100/- per day of default.

 

LLP Annual Filing Compliance Calendar for your quick reference: 

 

Form Type

Described

Due date

To be filed with

Form-8

Filing of Statement of Accounts

30th October

Registrar of Companies

Form-11

Filing of Annual Returns

30th May

Registrar of Companies

ITR -5

Income tax return

31st July (or 30th September, if tax audit is mandatory)

Income tax department

Audit

Tax Audit (only if applicable)

30th September

Income tax department

 

Late filing of such forms entail penalties of Rs. 100/- per day of default.

 

Suggested read: LLP Annual filing- All you need to know

 

Chithragupta is a group of intellectuals. The entire team of Chithragupta consists of Highly qualified CA, CS, Lawyers and business administrators. Chithragupta would be a one stop destination for LLP Annual Compliance and filing. We also provide services like Start up advisory, Secretarial compliance services, PAN / TAN application, DIN allotment, GST registration, Trademark registration, GST / Income tax return filing and many more. You may get in touch with our compliance manager on : 8074555580 or email at : caspl.social@gmail.com for free consultation and to know more about the services provided by us...