LLP needs to file two eForms every year. Form 11 for Annual Return of the LLP and Form 8 for the Statement of Accounts.
LLP Form-11 (Filing within the 60 days of closing of the financial year)
LLP Form-8 (on or before 30th October every year)
1. In Case Audit is not required: (Those LLPs whose annual turnover does not exceed Rs. 40 lakh or partner’s obligation of contribution exceeds Rs. 25 lakh are required to file their Income Tax. They are not required to get their accounts audited by their Auditor)
2. In Case Audit is required: (Those LLPs whose annual turnover exceeds Rs. 40 lakh or partner’s obligation of contribution exceeds Rs. 25 lakh are required to file their Income Tax. They are required to get their books audited under the Income Tax Act.)
3. LLPs Involved in International Transaction: (LLPs that entered into an international transaction with associated enterprises or undertook certain Specified Domestic Transactions are required to file Form 3CEB. Form 3CEB must be certified by a Chartered Accountant.)