The document outlines various compliance deadlines and penalties for Limited Liability Partnerships (LLPs) in India. It notes that Form 8 detailing account solvency is due by October 30 each year, with penalties of Rs. 100 per day for late filing. Form 11, the annual return, is due by May 30 each year with penalties of up to Rs. 25,000 plus Rs. 100 per day for late filing. It also lists compliance deadlines and penalties for income tax returns, accounting and audits, taxes, and TDS with penalties of Rs. 200 per day. Compliance benefits image, loan access, avoids penalties and maintains active company status.

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.