Limited Liability Partnership Compliances

1. DUE DATES & PENALTIES WITH ROC
Form 8 (Solvency of Accounts): Statement of
Account & Solvency is due on October 30th
of each financial year.If the LLP fails to file
Form 8: The additional fees of Rs.100/- per
day (unlimited/no upper limit) shall be paid
till the date of filing of the form.
LLP ANNUAL
COMPLIANCES
Form 11 (Annual Return): May 30th every
financial year. LLP fails to file Form-11: The
fine which shall not be less than Rs. 25000/-
but which may extend to five lakh rupees
and the additional fees of Rs.100/- per day
(unlimited/no upper limit) shall be paid till
the date of filing of the form.
OTHER COMPLIANCES
Income Tax Return of LLP : 30th Sep, If fail
to file LLP Income Tax Return Penalty of
Rs. 5000/- levy under Income Tax Act.
Accounting & Audit: LLPs are required to
have its accounts Audited by a chartered
accountant if its annual turnover more
then 40 lakhs or contribution 25 lakhs.
Service Tax, VAT/CST/GST Compliances: if
Applicable then LLPs required to register
Service tax Act or VAT/CST/GST or both,
failing which attract heavy penalties.
TDS Compliances: LLPs compulsorily
required to deduct TDS on listed
payments & filing returns on time, failing
which attract Penalty of Rs. 200/- Per Day.

2. BENEFITS OF COMPLIANCES
Neusource Startup Minds India
Limited
+91-9540003546 (Rashi)
info@neusourcestartupminds.com
www.neusourcestartupminds.com
GET IN TOUCH TODAY FOR LLP
COMPLIANCES:
Image Building as a Compliant Company
Easy access to the Loans.
Avoiding Financial Penalties & Interest
Active Company status on MCA database.