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Annual Return of LLP

  • Annual Return to the ROC and Income Tax Department is mandatory for all the LLP. Get Started with us now!
  • Quickly get your paperwork done here. It takes less than a minute!
  • 100% Fast and Secure Online Process

Required Documents

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Copy of LLP agreement

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DSC of all designated partner

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Certificate of Incorporation

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PAN Card of LLP

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Finalized books of accounts

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Copies of GST and TDS returns

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Last ITR with Computation

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Aadhar card of designated partners

What we will deliver

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Form-8 Filing

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Form-11 filing

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Filing of Income Tax Return

Required Documents

Copy of LLP agreement

DSC of all designated partner

Certificate of Incorporation

PAN Card of LLP

Finalized books of accounts

Copies of GST and TDS returns

Last ITR with Computation

Aadhar card of designated partners

What we will deliver

Form-8 Filing

Form-11 filing

Filing of Income Tax Return

Frequently Asked Question

Whether Annual filing of Form-8 and Form-11 necessary?

Yes, filing of Form-11 and Form-8 to ROC is compulsory for every LLP irrespective of the turnover made during the financial year

What is the penalty for non filing or delayed filing of annual returns of LLP?

Government levies a late fee of Rs. 100 per day for each form for delay in filing till the delay continues. For continuous failure to file annual returns, ROC can remove the name of LLP from its register

Whether the audit of accounts compulsory in case of a LLP?

  • Audit under LLP Act is compulsory for LLPs only where
    • Turnover exceeds Rs. 40 Lakhs or
    • Capital contribution exceeds Rs. 25 Lakhs
  • Tax Audit u/s 44AB of the Income Tax Act is compulsory if the turnover exceeds Rs. 1 crores in case of a business or Rs. 50 Lakhs in case of a profession. Last date of filing Tax Audit Report is 30th September

What is the last date of filing income tax return in case of a LLP?

Case

Last date of Filing ITR

In case the accounts are audited

On or before 30th September

In case the accounts are not audited

On or before 31st July

In case LLP entered into international transaction with associated enterprises or specified domestic transactions & required to file Form 3CEB duly certified by a Chartered Accountant

On or before 30th November

What are the tax rates under Income Tax Rates in respect of LLPs?

  • Tax rate for LLPs:- 30%
  • Additional Surcharge:- 12% where total income exceeds Rs. 1 crore
  • Health & Education Cess:- 4% of Income Tax + Surcharge

What are the privileges enjoyed by LLP as compared to private limited companies?

Privileges available to LLPs:-

  1. No maximum limit of partners
  2. No requirement of holding Board Meetings
  3. No AGM required
  4. No requirement to maintain minute books

When does the financial year of LLP end?

Financial year of LLPs closes on 31st March of every year. But in the first year of incorporation, such period may vary.

  • If LLP is registered between 1st April and 30th September: LLP shall close its financial year on 31st March of next calendar year
  • If LLP is registered between 1st October and 31st March: LLP has an option to choose the end of its financial year. For example, if the LLP is registered on 17th November 2018, it may close its financial year on 31st March 2019 or 31st March 2020