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    Form 8 LLP Additional Fees Event Date

    Posted By : SHALU / Published on : 24-Mar-2022 11:23 AM / View : 1023 / Comment : 1

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    Hello,

    An LLP has been incorporated in Jan 2021, LLP has filed their FORM 11 but not filed their FORM 8.

    If LLP wants to file their FORM 8 in that case what would be the date of the event to calculate additional fees it should be 31/03/2021 or 30/10/2021.
    Read more on : date event fees additional form

    • There are two forms required to file annually for all LLP:

      filing of Annual Return of LLP in Form -11

      Every LLP registered under the LLP Act 2008 is required to file annual return in Form-11 pursuant to Section 35(1) of the LLP Act, 2008 within 60 days of end the respective financial year i.e. 30th May.

      Filing of Annual Accounts of LLP in Form -8

      Every LLP registered under the act is required to prepare books of accounts file financials in Form-8 pursuant to Section 34(2) of the LLP Act, 2008 within 30 days of end six months of the closure of the financial year i.e. 30th October.

      Form -8 is filed to report the statement of solvency and statement of accounts and Income and Expenditure for the year and disclosure under MSMED Act, 2006.

      Form-8 needs to be attested by the CS-Company Secretary, CA-Charted Accountant, and Cost Accountant, who are practising.

      Applicability for filing LLP Form 8 for 2022

      Every LLP existing or incorporated on or before 30th September 2021 should mandatorily to file the Form-8 before 30th October 2022.

      COMPLIANCES REQUIRED TO COMPLIED BY YOUR LLP THROUGH DESIGNATED PARTNERS

      COMPLIANCE REQUIRED UNDER ACT AND COMPLIANCE NATURE

      FORM TO BE FILED

      FINANCIAL YEAR ENDED ON

      COMPLIANCE DUE DATE

      1.

      ANNUAL RETURN AS PRESCRIBED BY LLP ACT, 2008

      Form 11

      (Within 60 days)

      31.03.2022

      30th May, 2022

      Extended by 30.06.2022

      2.

      STATEMENT OF ACCOUNT AND SOLVENCY AS PRESCRIBED BY LLPACT, 2008

      Form 8

      (within 30 days from the end of 6 months of such financial year)

      31.03.2022

      30th October, 2022

      3.

      AUDIT OF FINANCIAL STATEMENT AS PRESCRIBED BY LLP ACT, 2008

      If applicable

      31.03.2022

      If Authorised capital exceed Rs.25 Lakhs or Turnover exceed Rs.40 Lakhs

      4.

      INCOME TAX RETURN – INCOME TAX ACT, 1961

      ITR 5

      31.03.2022

      31st July, 2022 Or (30th Sept, 2022 If Tax Audit Is Required)

      5.

      TAX AUDIT REPORT BY CHARTERED ACCOUNTANT

      FORM 3CD

      31.03.2022

      If The Turnover Exceed Rs.1Cr. or Receipts of Professional exceed Rs.25 lakhs in FY 2021-22

      6.

      MAINTAINACE OF BOOKS OF ACCOUNT - INCOME TAX ACT, 1961

      If applicable

      31.03.2022

      As Prescribed Under Section44AA of Income Tax Act, 1961

      7.

      ANY OTHER COMPLIANCE DEPEND UPON NATURE OF BUSINESS ACTIVITIES PERFORMED BY LLP & REQUIRED BY APPLICABLE ACT

      If applicable

       

      For Example – Service Tax Compliance for Service Provider subject to applicability etc.

      REQUIREMENTS FOR RETURN FORM 11:

      1. Limited Liability Partnership identification number (LLPIN)
      2. Business Classification
      3. Principal business activities of the LLP

       

      ​REQUIREMENTS FOR RETURN FORM 8:

      1. Certificate of disclosure duly signed & stamped
      2. Auditors report duly signed & stamped
      3. Audited balance sheet along with schedule duly signed & stamped
      06-06-2022 / 11:08:43 AM
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