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YOUR ONLINE COMPANION FOR COMPANY, TAX AND LEGAL MATTERS. WWW.LEGALRAASTA.COM HOW TO FILE LLP ANNUAL RETURN

How to file llp annual return by Legalraasta

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Your online companion for company, tax and legal matters.

WWW.LEGALRAASTA.COMHOW TO FILE LLP ANNUAL RETURNHi, In this video the Legalraasta team will teach you all about the how to file LLP Annual Return its definition, requirement and filings.

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LLP Annual ReturnLLP Annual ReturnAnnual Return (Form 11) is a summary of details of Partners and Designated Partners and changes among them during the year. An LLP is required to file the Annual Return with the Registrar of LLP (Form 11) within 60 days of closure of its financial year. An LLP has to close its financial year on every 31st March . So, the Annual Return is to be filed on or before 30th May every year.

LLP Annual ReturnAnnual Return (Form 11) is a summary of details of Partners and Designated Partners and changes among them during the year. An LLP is required to file the Annual Return with the Registrar of LLP (Form 11) within 60 days of closure of its financial year. An LLP has to close its financial year on every 31st March . So, the Annual Return is to be filed on or before 30th May every year.

LLP Statement of Accounts LLP Statement of Accounts (Profit and Loss Account & Balance Sheet)LLP Statement of Accounts (Profit and Loss Account & Balance Sheet)The Statement of Accounts (Form 8) is the summary of Financial Transactions such as Assets/Liabilities and Income and Expenditure details of LLP. Every LLP has to close its books of accounts as on 31st March every year and prepare a statement of Accounts (Profit and Loss account and Balance sheet) and has to file the same with registrar of LLP and Income Tax Authorities.LLP has to file the Statement of Accounts to the Registrar(Form 8) with in 30 days from the end of 6 months of such financial year. So, the statement of accounts is to be filed on or before 30th October every year. An LLP whose annual turnover exceeds Rs.40 lakhs or whose contribution exceeds Rs.25 lakhs, shall get its accounts audited by a qualified Chartered Accountant.

LLP Income Tax ReturnLLP Income Tax Return

LLP Income Tax ReturnAn LLP has to close its financial year as on 31st March every year and has to file the returns with Income Tax Department. In case of LLP whose annual turnover is more than Rs.100 Lakhs, the accounts have to be audited as required under Income Tax Act as well. In case the LLPs accounts that are subject to audit, either under Income Tax Act as well. In case the LLPs accounts that are subject to audit, either under Income Tax Act or LLP Act, the last date for filing the Income Tax Return is 30th September every year.

Annual Filing of LLP

Annual Filing of LLPAll LLPs shall be under obligation to maintain annual accounts reflecting true and fair view of its state of affairs. Every Limited Liability Partnerships (LLPs) is required to file LLP Form 8 (Statement of Account and & Solvency) and LLP Form 11 (Annual Return) annually. Even if LLP does not do any business, it has to comply with statutory requirement such as Annual Return, Balance Sheet, Profit and Loss Account, Income tax return every year. The statutory fees will depend upon the capital contribution of LLP.

Annual Filing of LLPAll LLPs shall be under obligation to maintain annual accounts reflecting true and fair view of its state of affairs. Every Limited Liability Partnerships (LLPs) is required to file LLP Form 8 (Statement of Account and & Solvency) and LLP Form 11 (Annual Return) annually. Even if LLP does not do any business, it has to comply with statutory requirement such as Annual Return, Balance Sheet, Profit and Loss Account, Income tax return every year. The statutory fees will depend upon the capital contribution of LLP.

Audit Requirement Under LLP ActAudit Requirement under LLP ActOnly those LLP whose annual turnover exceeds Rs. 40 lakhs or whose contribution exceeds Rs. 25 lakhs are required to get their accounts audited by a qualified Chartered AccountantAudit Requirement under LLP Act Only those LLP whose annual turnover exceeds Rs. 40 lakhs or whose contribution exceeds Rs. 25 lakhs are required to get their accounts audited by a qualified Chartered Accountant.

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Our mission is to offer affordable, quick and automated professional services to clients. Through technology, we bring numerous government/ legal forms at one place and have simplified them to be fully understood by common man. Legalraasta.com is a one destination for your legal matters relating to:Forming any type of business entity (e.g., Pvt. Ltd Co, LLP etc)Filing individual and company returnHelping on company compliances such as ROC filings & minutesProtecting work through trademark & copyrightOur teamLegalRaasta.com has been founded by a team of Chartered Accountants and professional advisors. We currently have a network of 100+ professionals including experienced Chartered Accountants, Company Secretaries, Lawyers, Cost Accountants, Chartered Engineers and Bankers.Pulkit Jain, founder of Legalraasta, has over 5+years experience in CA and Legal domain. He has worked with the top CA firms in India and has served large corporate and MNCs

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