📋Service Overview
👥Who Should Buy This Service?
⚙️Filing Process
📄Documents to Submit
⭐Service Benefits
LLP annual compliance involves multiple statutory deadlines: Form 11 by 30 May, Form 8 by 30 October, and ITR-5 by 31 August. Each missed deadline attracts penalties. Our expert coordination ensures all documents are ready on time, tax audit is completed if required, and all filings reach ROC before deadlines.
❓Frequently Asked Questions
What is ITR-5 and who must file it?
ITR-5 is the income tax return form for partnerships, LLPs, and associations. All LLPs with taxable income or gross total income exceeding the exemption limit must file ITR-5.
What is the deadline for Form 11 and Form 8 filing with ROC?
Form 11 (Annual Return) is due by 30 May. Form 8 (Statement of Accounts) is due by 30 October. Late filing attracts penalties of ₹100 per day.
When is tax audit required for LLP?
Tax audit is required if gross total income exceeds ₹1 crore. It results in an audit certificate (3CA for ITR-5, 3CD if required) which must be filed with ITR-5.
Can an LLP file ITR-5 without accounts?
No, proper accounting records and financial statements (balance sheet and P&L) are mandatory for ITR-5. If turnover exceeds ₹1 crore, audit certificate is also required.
What happens if Form 11 or Form 8 is filed late?
Late filing of ROC forms attracts penalty of ₹10 per day from the due date. Multiple years of non-compliance can result in LLP strike-off. Our service ensures timely filing to avoid penalties.
Does your bundle include tax audit if required?
Our bundle provides tax audit coordination and guidance. If tax audit is required (turnover > ₹1 crore), we will file tax audit along with ITR-5.