ROC Annual Compliance of LLP
Personal ITR Filing in Jaipur/ File Income Tax Return Individual Online Starting from ₹499/-
- Filing ITR
- Filing Forms
- Flexible and Simple online Process
- Consultancy from Experts
- On time compliances Get your registration in 3
- Get your registration in 3-4 days
Apply for ROC LLP Annual Filing
Introduction of ROC Annual Compliance of LLP
Any individual earning an income above minimum exempted amount is liable to pay income tax. The income can be earned from any source like salary, rental income, interest income from savings, income from mutual funds, agriculture income, sale of property or business or professional income.
Income Tax Return is a form required to be filed with Income Tax Department. The format and applicability of these forms are defined by Income Tax Department. All forms have separate disclosure requirements according to the Incomes Reported.
As per The Income Tax Act 1961, eligible individuals need to file their income tax returns once a year. Filing of Income Tax Return legitimates your earnings and investments whereas in case of non-filing of Income Tax Return if the income is required to be disclosed becomes BLACK MONEY. If you File Income Tax Return Individual Online on time you can get an income tax refund as well, if you have paid excessive taxes to the government.
Legal Window will provide you all the necessary services and legal advice related to File Income Tax Return Individual Online and also guide for other compliances. You may get in touch with our team on 072407-51000 or email admin@legalwindow.in for your Personal ITR Filing in Jaipur.
Advantages of ROC Annual Compliance of LLP
Increases trustworthiness and credibility
The primary requirement for any business is Compliance of law. If the LLP is abiding by the laws it attracts the potential customers to the LLP as the date of the Limited Liability Partnership's annual filing is displayed on the Master Data on MCA portal which also helps in getting the Government tenders, availing of loan facility from Banks and Financial Institutions approvals for similar other purposes. As it is the major criterion to measure the credibility of an organization.
Helps in maintaining the Active status of Companies
In order to maintain the active status of LLP it is necessary to file the returns on a continuous basis which helps in avoiding the charges of heavy penalties. If the LLP doesn’t comply with the provisions and fails to file the returns it may also be removed from the registers of ROC which also affects the status of the concerned partners as they are declared a defaulter and also becomes disqualified from their further appointment in any Company/LLP.
Easy accessibility of Record of Financial Worth
As the forms which are filed by the Limited Liability Partnership are accessible by the companies and other potential investors. Therefore, while making any contract or entering in any major projects, the concerned party can also inspect the Financial worth of an LLP.
Easy to close and convert
The annual filing of a Limited Liability Partnership is very much necessary for the conversion of the LLP into any other organization. If the Limited Liability Partnership has regularly complied with the rules and regulations stated it gives an ease in the conversion task as well as if the case pertains to closure of LLP. Irrespective of the fact that the LLP was non-operational, the Registrar might ask to fulfill the annual compliance, with additional LLP filing fee, if applicable.
Documents Required for Trademark Registration
Limited Liability Partnership Agreement along with the supplementary deed if any
Certificate of Incorporation
Financial Statements duly signed by the Designated Partners
DSC of all the Designated Partners
Process of ROC Annual Compliance of LLP
1. Complete the Application Form
You are requested to first fill the simple questionnaire provided by our expert team.
2. Document Processing
At the second step we will be requiring the documents as stated above in accordance with the questionnaire filled by you so that we can arrange them as per the requirement and for further processing and will also decide the due date of filing the same.
3. Drafting of necessary documents
The third step is to draft necessary documents which will be requiring the signatures of the Designated Partners and will be attached as an attachment to the annual compliance forms.
4. Preparation of E-forms
At this step we will prepare the E-forms along with some documents signed by you for submission depending upon your case which shall be further verified by our experts team before submission.
4. Preparation of E-forms
At this step we will prepare the E-forms along with some documents signed by you for submission depending upon your case which shall be further verified by our experts team before submission.
4. Preparation of E-forms
At this step we will prepare the E-forms along with some documents signed by you for submission depending upon your case which shall be further verified by our experts team before submission.
More Insights on ROC Annual Compliance of LLP
Due dates for filing Income Tax return
For Taxpayers not eligible to get Tax audit: Due date for Personal ITR Filing in Jaipur for Taxpayers not falling under tax audit limit or who opt for presumptive taxation for F.Y 2023-24 i.e. A.Y. 2024-25 is 31st July, 2024. Option to avail presumptive taxation is available to business having turnover less than Rs.2 crores.
For Taxpayer eligible to get Tax audit: Due date for filing Income tax Return for Taxpayers falling under tax audit or who do not opt for presumptive taxation for F.Y 2023-24 i.e. A.Y. 2024-25 is 30th October, 2024.
Taxpayer can file belated Return up to 31st December, 2024 for Assessment year 2024-25.
Penalty of non filing Income Tax Return
Penalty of non filing Income Tax Return
Where a person is required to file Income Tax Return u/s 139(1) fails to file the return within prescribed limit u/s 139(1) shall pay prescribed late fee in following manner:
The penalty for non-filing of return will be Rs 5000, if return is filed after 31st July, 2024.
*However if total income of person does not exceed 5 lakh than late fee shall not exceed Rs. 1000.
Old Tax Regime (Applicable for F.Y. 2023-24)
| Name of Form | Contents | Timeline |
|---|---|---|
|
Form 8 |
Statement of Accounts and Solvency |
30th October 2024 |
|
Form 11 |
Annual Return |
30th May 2024 |