Annual Filings for LLP


A Limited Liability Partnership has just two annual compliances. The two are – (i) declaration of statement of accounts and solvency (ii) annual returns detailing the management affairs, such as number of partners and their details. The filings have to be done in prescribed forms. On time filing is to be ensured to avoid huge penalties. Apart from the above two, Income Tax return is to be filed on or before September 30th of every year.
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