Every LLP which are registered with the Ministry of Corporate Affairs have to file the Annual Returns and Statement of Accounts. The annual returns and Statement of Account & Solvency should be file within 60 days from the end of closing of financial year and within 30 days from end of six months of close of financial year respectively. All LLPs shall be under compulsion to retain annual accounts showing true and fair outlook of its state of affairs.
There is confusion amongst many businessmen involved in a limited liability partnership that whether they have to file an annual return or not in case they aren’t doing business. It is important to note that whether one is doing business or not in a LLP they are supposed to file an annual tax report as government is not aware of the fact whether you are involved in the business or not.
Audit of accounts is an obligatory requirement under the Income Tax Act if an annual turnover of LLP crosses 1crore rupees. If the return of LLP is more than 5crore rupees in a financial year or contribution is higher than 50lakh rupees, the annual turnover shall be certified by a company secretary in practice.
We at LexOracle are happy to help you with the above provisions.
Also LLP has certain tax benefits which our Chartered Accountant and Tax-legal team is well experienced to guide you through.
It is important to know that tax filling in a LLP involves certain parts and it is mandatory for every LLP:
1. Annual Return
2. Statement of Accounts or Financial Statements of the LLP
3. Income Tax Returns Filings.
The charted accountant and tax legal team at LexOracle will handle this entire process for you! Just click here to know more!
Step1:- Receive expert counseling on Tax Assessment and filling by our Panel of CAs
Step2:- Pay 50% of the payment
Step3:- Provide all relevant Data for the purpose of Income Tax Assessment (We’ll guide you!)
Step4:- The application process will start within 24 hours of Document submission
Step5:- Make the Balance Payment at the time of Tax filling
Step6:- Receive your Original ITR (Income Tax Return) and ancillary documents
Click on apply now and get it done right away!!
|Packages Starting from||INR 7,499/-[ All inclusive ]|
Get the Annual filing along with Statement of Accounts or Financial Statements of your Limited Liability Partnership (LLP) done by our Tax-Legal team efficiently and hassle free within 7* Days. LexOracle offers you comprehensive, economic, All-inclusive packages starting from JUST INR 7,499/-.
Contact right now for free Consultation
Prices are inclusive of Taxes.
*Time period quoted is tentative and approximate
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