Annual Filings questions, answered.

Form 8 deals with statement of account and solvency and relevant charge-filing purposes. Form 11 is the annual return. They contain different information and one does not replace the other.

No. Check bank charges, contribution, expenses, loans, balances and other transactions. No sales does not automatically mean that every account figure is nil.

No. Income-tax and MCA filings serve different purposes. Prepare a separate checklist for each and reconcile the underlying figures before submission.

Provide bank statements, invoices, expenses, contribution records, loan details, prior accounts, tax records and partner-change documents. Include every account and relevant transaction for the period.

Reconcile them with the agreement, partner records and books, considering what each field asks and the relevant reporting date. Investigate differences rather than copying a number blindly.

No. Audit applicability and maintaining accurate books are separate matters. Keep records sufficient to prepare correct accounts and required filings.

Check the current financial year, the LLP’s circumstances and any official extension. An old article or social-media message is not proof that a deadline has been extended.

A reliable estimate needs the form, applicable due date, filing date, contribution and relevant LLP classification. Confirm the actual payment amount in the current MCA workflow.

Keep the final filed form, signed attachments, SRN, fee receipt and status evidence. A payment receipt alone may not establish that the form has been approved or fully processed.

SRN means Service Request Number. It identifies the MCA transaction. Use it to follow the application or filing status and match the correct payment and documents.

No. Prepare the current period’s figures and update partner and contribution information. Reconcile opening balances and comparatives with the previous signed records.

For an LLP financial year ending 31 March 2026, the normal Form 8 deadline is 30 October 2026. Check any official relaxation applicable to that form and period before filing. A first-year LLP using a permitted extended financial year needs a separate reporting-period check.

For an LLP financial year ending 31 March 2026, the normal Form 11 deadline is 30 May 2026, being 60 days after year end. Check any applicable official relaxation. Do not use Form 8’s October deadline for Form 11.

Use the actual incorporation date as the start of the first reporting period, not 1 April before the LLP existed. Match the year end with the signed accounts and eligible first-year treatment. Subsequent normal years generally run from 1 April to 31 March.

Section 2(1)(l) permits an LLP incorporated after 30 September to end its first financial year on 31 March of the next following year. Establish and document the actual reporting period before filing. The option does not postpone initial Form 3, tax or event-based obligations.

No. The statutory wording is after 30 September. Incorporation on 30 September itself does not satisfy that condition. For example, an LLP incorporated on 30 September 2025 has its first normal year end on 31 March 2026.

No. The permitted first MCA financial year and income-tax reporting are governed separately. Have the accountant determine the tax period, return and due date independently, and reconcile the accounts used for both sets of filings.

No. They are tests under two different laws, and an LLP can need one without the other. The LLP Rules test (Rule 24(8) of the LLP Rules, 2009) looks at turnover of ₹40 lakh and contribution of ₹25 lakh. The income-tax test ignores contribution entirely and looks only at turnover or gross receipts, with much higher limits: ₹1 crore for a business, rising to ₹10 crore where cash receipts and cash payments are each 5 per cent or less of the respective totals, and ₹50 lakh for a profession. Note that the law here has changed. From 1 April 2026 the Income-tax Act, 2025 replaced the 1961 Act, so the tax audit provision is now Section 63 rather than the familiar Section 44AB, and the report is filed in Form 26 under the Income-tax Rules, 2026 instead of Form 3CA or 3CB with Form 3CD. The thresholds themselves were carried over unchanged. For FY 2025-26 the old Act still governs, so that year's report stays in the old forms even though it is filed after April 2026. In practice a small LLP that crosses ₹40 lakh of turnover will often need the LLP audit while remaining well below the tax audit limit, so one exemption never proves the other.

The MCA V3 instruction kit calls for practising Company Secretary certification at contribution of ₹50 lakh or more, or turnover of ₹5 crore or more. Rule 25(2) and the kit contain overlapping wording. At the exact boundary or mixed-threshold cases, check current portal validation and obtain professional advice; do not assume designated-partner certification alone is enough.

Only above a threshold. Under Rule 24(8) of the LLP Rules, 2009, an LLP must have its accounts audited by a Chartered Accountant in practice if its turnover in the financial year exceeds ₹40 lakh, or its contribution exceeds ₹25 lakh. Note that it is 'or', not 'and' — crossing either figure on its own triggers the audit. An LLP below both is exempt, though partners can still choose a voluntary audit, which lenders and investors often ask for. The exemption only removes the audit; the LLP must still keep proper books and file Form 8 and Form 11.

The same two figures that have applied for years: turnover above ₹40 lakh, or contribution above ₹25 lakh. They are tested separately for each financial year, so an LLP can need an audit one year and not the next. Contribution here means the amount the partners have committed under the LLP agreement, not the LLP's net worth. If you cross either figure, appoint a Chartered Accountant in practice, and remember the auditor also has to certify that year's Form 8.