All relevant compliance related to LLP and registration

1. LIMITED LIABILITY
PARTNERSHIP (LLP)
COMPLIANCE
BY C A A N K U R L A K H I WA L
M O B 8 0 1 0 8 9 8 0 2 9

2. M A N D A T O R Y F O R M S T O B E
F I L E D
MINISTRY OF
COMPANY
AFFAIRS*
• STATEMENT
OF
ACCOUNT
AND
SOLVENCY
(FORM 8)
• ANNUAL
RETURN
(FORM 11)
INCOME TAX
• Income tax
Return
• TDS/TCS
Return
OTHER
COMPLIANCE
• GST Return
(GSTR 3B and GSTR 1)
• PF/ESIC
• Professional
Tax
AUDIT
• GST Audit
• Income tax
Audit
• Audit Under
LLP Act

3. MCA
A N A D D I T I O N A L F E E S O F R S 1 0 0 / - P E R D A Y O F D E L A Y
F I L I N G T I L L T H E A C T U A L D A T E O F F I L I N G
Statement of Account
and solvency (Form 8)
Annual Return (Form 11)
• Declaration of having
sufficient solvency to payoff
all their debts
• Statement of Accounts,
Income and Expenditure
statement
• Within 30 days from the end
of 6 months of financial year
• Total contribution received
by partner
• Detail of body corporate as
partner
• Within 60 days from closure
of financial year i.e. may 30
of the following financial
year

4. I N C O M E TA X
A N Y P E R S O N M A K I N G S P E C I F I E D P A Y M E N T S M E N T I O N E D
U N D E R T H E I N C O M E T A X A C T A R E R E Q U I R E D T O D E D U C T
T D S A T T H E T I M E O F M A K I N G S U C H S P E C I F I E D P A Y M E N T .
Return
of
Income
The deadline
to file the tax
return for an
LLP which is
required to
get his books
audited is
September 30
th
For LLPs where
tax audit is not
required
deadline, the
due date for
tax filing
is July 31st

5. AUDIT
AUDIT
Statutory Audit
• If turnover
exceeds Rs. 40
lakh Rupee or,
• Contribution
Exceeds Rs. 25
Lakh rupee
GST Audit
• If turnover
exceeds the
prescribed limit
during the
financial year.
Audit under IT Act
• If turnover
exceeds Rs. 1
crore during the
financial year