llp filling 2015

[ ] LLP ANNUAL FILING REQUIREMENTS 2015 LLP ANNUAL FILING All the Limited Liability Partnership’s (LLP) Registered under the LLP Act 2008 are required to file yearly returns mandatorily whether the LLP do business or not. LLP Annual Return: Annual 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 Income Tax Return: An 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 or LLP Act, the last date for filing the Income Tax Return is 30th September every year. 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 of LLP (Form 8) within 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. Greetings from CompaniesInn. We wish to remind you about the Statutory Compliance filing requirements of your LLP for the financial year 2014 - 2015.

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[ ]LLP ANNUAL FILING REQUIREMENTS 2015

LLP ANNUAL FILINGAll the Limited Liability Partnership’s (LLP) Registered under the LLP Act 2008 are required to file yearly returns mandatorily whether the LLP do business or not.

LLP Annual Return:Annual 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 Income Tax Return:An 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 or LLP Act, the last date for filing the Income Tax Return is 30th September every year.

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 of LLP (Form 8) within 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.

Greetings from CompaniesInn. We wish to remind you about the Statutory Compliance filing requirements of your LLP for the financial year 2014 - 2015.

LLP Compliance Calendar 2015:Every LLP Registered on or before 31st March 2015 has to file returns for the year ending 31.03.2015. Filings of returns are mandatory whether the LLP has done any business or not.

Note: Annual Compliance Filing for LLP’s registered on or after 1st October 2014 will fall only in the year 2016.

CompaniesInn.comCall: +91 98452 13333Mail: [email protected]

Filing of returns is mandatory whether the LLP has done any business or not. In case of an LLP not carrying any business, it is required to file a NIL return.

Delay in filing the LLP Returns (Form 11 & Form 8) in time will attract a penalty of Rs.100 each per day.

If the LLP has incurred Loss during the period, the filing of IT Return in time is necessary to carry forward the Loss to set off against future profits

Form 11 and Form 8 Filing for LLPs registered on or after 1st October 2014 & before 31st March 2015 will fall only in the year 2016.

Important Notes

JAN

FEBRUARY

MARCH APRIL MAY JU

DECEM

BER NOVEMBER OCTOBER SEPTEMBER A

UGUST

LLP COMPLIANCE WHEEL 2015

REGISTRAR OF LLP**

INCOME TAX*

Annual Return (Form 11)