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    Llp Compliances - Filing Of Annual Return

    Llp Compliances - Filing Of Annual Return

    As part of the Financial Disclosures, pursuant to Section 35 of the LLP Act, 2008, read withRule 25 of the LLP Rules, 2009, every LLP shall file Annual Return with the concerned Registrar of LLP within Sixty (60) days of closure of its financial year.

    1. Due Date: 

    The Annual Return is to be filed within Sixty (60) days of closure of the financial year. i.e., 30th May of every year.

    1. Form in which Annual Return to be filed with Registrar of LLP: 

    The Annual Return is to be filed inLLP Form No.11, mentioning the details as to:

    è the Partners;

    è Contribution received from them against their obligation;

    è Details of any penalties imposed on the LLP/Partner/ Designated Partners, and details of interests of the Partners/Designated Partners in other entities.

    C. Certification of Annual Return:

    (i) By the Designated Partners themselves:

    The Annual Return of an LLP having turnover of upto Rs.5 Crores, during the corresponding Financial Year or contribution of upto Rs. 50 Lakhs, shall be accompanied with a certificate from a Designated Partner, other than the signatory to the annual return, to the effect that annual return contains true and correct information.

    (ii) By a Company Secretary in Practice:

    In all other cases, the annual return shall be certified by a Company Secretary in practice to the effect that he has verified the particulars from the books and records of the LLP and found them to be true and correct.

    D. Penalty:

    If LLP fails to comply with the requirement, then: the LLP shall be punishable with fine : Not less than Rs.25,000/-, which may extend to Rs.5,00,000/-[Sec.35 (2)].

    Every Designated Partner shall be punishable with fine: Not less than Rs.10,000/- which may extend to Rs.1,00,000/- [Sec.35(2)].

    In addition to the above, additional fees of Rs.100/- for each day of delay in filing the return, after 30 days.

    This article is contributed by Partners of SBS and Company LLP - Chartered Accountant Company. You can be reached at This email address is being protected from spambots. You need JavaScript enabled to view it.

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