SAG Infotech Official Tax Blog Huge Discount for Tax Experts

Simple Tips to File LLP Form 11 Annual Return with Due Date

Annual Return LLP Form 11
https://blog.saginfotech.com/wp-content/uploads/2022/08/File-LLP-Form-11-Annual-Return.mp3

What is The Term LLP Form 11?

Form 11 comprises an annual return i.e to be furnished by all LLPs no matter what the turnover is in that year. Also, Limited Liability Partnership (LLP) does not have any operations or business in the fiscal year, Form 11 is required to be furnished. Apart from the basic details about the Name, and Address of LLP, details of Partners/ Designated Partners the additional information is to be shown are:

Total contribution by/to partners of the LLP

Information of the notices obtained for the penalties levied, and compounding offences happened in the fiscal year. 

The same should be e-filed on the MCA portal. The e-form needs to be downloaded and furnished in an offline mode. The pre-fill option is open for reducing the hardship and also the pre-scrutiny button is available to verify the data furnished. The same is being done prior to submitting the form online.

Download Free Trial of LLP 11 Filing Software on V3 Portal

    Guaranteed Discount for Tax Experts*

    Latest Update

    What is the Method to File LLP Form 11?

    Initial Submission: Option 1

    Step 1: Open MCA homepage

    Step 2: Login to MCA portal with genuine credentials1

    Step 3: Click “MCA services” and then choose “E-Filing”

    Step 4: Click “LLP Forms Download”

    Step 5: Open “Annual Return of Limited Liability Partnership (LLP)”

    Step 6: Input LLP Information2

    STEP 7: Find LLPIN by the search option (optional)3

    Step 8: Click LLPIN form the dropdown option (optional)4

    Step 9: Complete the application

    Step 10: Download the webform as a draft (optional)5

    Step 11: Present the webform

    Step 12: SRN is developed upon the advice of webform (The SRN can be operated by the user for any forthcoming resemblance with MCA.)

    Step 13: Connect the DSC

    Step 14: Upload the DSC-connected pdf document to MCA portal

    Step 15: Bear Fees (In point the user does not successfully upload the DSC connected PDF within 15 days of SRN generation and finish the charge within 7 days of successful upload of DSC affixed document or due date of filing of the form + 2 days, whichever is earlier, the SRN will be revoked.)

    Step 16: Acknowledgement is rendered

    Initial Submission: Option 2

    Step 1: Open MCA homepage

    Step 2: Access LLP Form No. 11 through search bar on MCA homepage (website search)6

    Step 3: Login to MCA portal with valid credentials

    Step 4: Enter LLP Information2

    Step 5: Search LLPIN using the search option (optional)3

    Step 6: Select LLPIN form the dropdown option (optional)4

    Step 7: Fill up the application

    Step 8: Save the webform as a draft (optional) 5

    Step 9: Present the webform

    Step 10: SRN is generated upon request of webform (The SRN can be used by the user for any forthcoming correspondence with MCA.)

    Step 11: Connect the DSC

    Step 12: Upload the DSC attached pdf document on MCA portal

    Step 13: Spend Fees (In case the user does not successfully upload the DSC affixed PDF within 15 days of SRN generation and finish the payment within 7 days of successful upload of DSC affixed document or due date

    of filing of the form + 2 days, whichever is earlier, the SRN will be cancelled.)

    Step 14: Acknowledgement is generated


    LLP Form 11 Annual Return Due Date

    Form 11 is due on 30th May of each year. All LLPs enrolled under the limited liability act, of 2008 need to yearly furnish two forms- Form 11 and Form 8. 

    Annual Return: Form 11 is needed to be submitted within 60 days of the closure of the fiscal year which is 30th May of each year. (Fiscal year closes on 31st March.)

    Account and Solvency Statement: within 30 days from the expiry of 6 months LLP form 8 is needed to be submitted from the closure of the financial year which is 30th October of each year. 

    The same article describes the need to furnish the Form 11 Annual return. Indeed, some essential facts during Form 11 filing are given below.

    Requirements to Pre-fill MCA LLP Form 11


    What Documents Must Be Submitted with MCA LLP Form 11?

    Read Also: Free Guide to LLP Registration by FiLLip Form on MCA Portal

    Essential Things to Know During Filing the Annual Return 11 Form for LLP

    Some of the essential things that LLPs need to know during furnishing the 5-page Form 11 are mentioned as:

    1. The total contribution made by Partners exceeded Rs. 50 lakhs

    Or

    1. LLP turnover exceeds Rs 5 cr. 

    When the figures are within or less than the above threshold then the designated partner on their own could certify the e-form. You can go to LLP annual filing. Note that there is no provision for the resubmission of this e-form. 

    Normal, Additional Fee and Penalty of Filing LLP Form 11 After Due Date

    INR 100 per day shall be imposed as a penalty until the non-compliance continues would be applicable if the LLP Form 11 annual return is not being furnished on or prior to 31st May. You should have all the required information to furnish your form. This is because there would be no cap on the penalty, the amount shall get increased with the passage of time.

    A. Normal Fees

    Contribution AmountNormal Fee Applicable
    Up to 1,00,00050
    More than 1,00,000 up to 5,00,000100
    More than 5,00,000 up to 10,00,000150
    More than 10,00,000 up to 25,00,000200
    More than 25,00,000 up to 100,00,000400
    More than 100,00,000600

    B. Additional fees in case of delay in filing of forms

    Period of DelayAdditional Fee Payable for Small LLPsAdditional Fee Payable for Other than Small LLPs
    Up to 15 days1 Time of Normal Filing Fees1 Time of Normal Filing Fees
    More than 15 days and up to 30 days2 Times of Normal Filing Fees4 Times of Normal Filing Fees
    More than 30 days and up to 60 days4 Times of Normal Filing Fees8 Times of Normal Filing Fees
    More than 60 days and up to 90 days6 Times of Normal Filing Fees12 Times of Normal Filing Fees
    More than 90 days and up to 180 days10 Times of Normal Filing Fees20 Times of Normal Filing Fees
    More than 180 days and up to 360
    days
    15 Times of Normal Filing Fees30 Times of Normal Filing Fees
    Beyond 360 days25 Times of Normal Filing Fees (“For forms other than Form 8 and Form 11. For Form 8 and Form 11, 15 times normal filing fees plus Rs. 10 per day for every day delay beyond 360 days”)50 Times of Normal Filing Fees (“for forms other than Form 8 and Form 11. For Form 8 and Form 11, 30 times normal filing fees plus Rs. 20 per day for every day delay beyond 360 days”)

    Download MCA LLP 11 Form in PDF Format

    Download Instruction Kit of MCA LLP 11 Form

    Exit mobile version