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LLP statement of account and solvency, Form 8

  • Every LLP files its yearly accounts and a solvency declaration in Form 8 by 30 October.
  • Deadline: Within 30 days from the end of six months of the financial year, so by 30 October
  • Done in 3 working days after final (or audited) accounts
  • Prepared by your Savvy, checked by a CA
  1. Balance sheet and income statement
  2. What were turnover and contribution for the year?
  3. Audit applicability check
  4. SRN, challan and filed Form 8
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Answer in brief

Every LLP files its yearly accounts and a solvency declaration in Form 8 by 30 October. We check whether audit is needed, prepare and certify Form 8 from your accounts, and file it on MCA V3.

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From the official sources

What the law says, and what trips people up

From the official portal's manuals and FAQs, with the source for each point.

The law

  • LLP Act 2008, Sec 34(2) and 34(3)

    LLP must prepare a Statement of Account and Solvency within six months of year end, signed by designated partners, and file it with the Registrar every yearSource

  • LLP Act 2008, Sec 34(4)

    LLP accounts must be audited as per the Rules; the Government can exempt classes of LLPsSource

  • LLP Act 2008, Sec 34(5) (from 1 April 2022)

    Late filing: penalty of ₹100 per day, capped at ₹1,00,000 for the LLP and ₹50,000 for each designated partnerSource

  • LLP Act 2008, Sec 34(6)

    Not keeping books, not preparing the statement or not getting audit done: fine ₹25,000 to ₹5,00,000 on the LLP and ₹10,000 to ₹1,00,000 on each designated partnerSource

  • LLP Rules 2009, Rule 24(4)

    Form 8 is filed within 30 days from the end of six months of the financial yearSource

  • LLP Rules 2009, Rule 24(8) to 24(10)

    Accounts must be audited by a practising CA, except where turnover does not exceed ₹40 lakh or contribution does not exceed ₹25 lakh; exempt LLPs give a partners' certificate in Form 8 insteadSource

  • LLP Rules 2009, Rule 24(3)

    Books of account must be kept for eight yearsSource

  • Government fee

    Normal filing fee by total contribution, as per Annexure A of the LLP Rules 2009 (substituted from 1 April 2022): up to ₹1 lakh ₹50; over ₹1 lakh to ₹5 lakh ₹100; over ₹5 lakh to ₹10 lakh ₹150; over ₹10 lakh to ₹25 lakh ₹200; over ₹25 lakh to ₹1 crore ₹400; over ₹1 crore ₹600. Source: https://www.taxmanagementindia.com/visitor/detail_act.asp?ID=13295

  • Late fee or penalty

    Additional fee at filing (LLP (Amendment) Rules 2022, from 1 April 2022), as a multiple of the normal fee. Small LLPs: up to 15 days 1x, 15 to 30 days 2x, 30 to 60 days 4x, 60 to 90 days 6x, 90 to 180 days 10x, 180 to 360 days 15x, beyond 360 days 15x plus ₹10 per day. Other LLPs: 1x, 4x, 8x, 12x, 20x, 30x, then 30x plus ₹20 per day. Sources: https://taxconcept.net/?p=55733 and https://www.taxmanagementindia.com/visitor/detail_act.asp?ID=13295. Separately, the ROC can impose a penalty under Sec 34(5) of ₹100 per day, capped at ₹1,00,000 for the LLP and ₹50,000 per designated partner (half for small and start-up LLPs; none if fixed within 30 days of notice). Source: https://PRSINDIA.org/files/bills_acts/acts_parliament/2021/The Limited Liability Partnership (Amendment) Act, 2021.pdf

On the portal

  1. Login to MCA V3 with business user ID
  2. MCA Services > LLP e-Filing > Form 8 (Statement of Account and Solvency)
  3. Enter LLPIN; name and registered office prefill
  4. Select the financial year and enter the police station jurisdiction
  5. Part A: confirm books are kept and declare solvency
  6. Part B: enter assets and liabilities, income and expenditure, and any charges
  7. Attach MSME disclosure, contingent liabilities and audited accounts where applicable
  8. Submit to get the SRN, download the PDF and affix DSCs and certification
  9. Upload the signed PDF in My Application and pay the fee

What trips people up

  • Contribution in Form 8 does not match Form 11

    Reconcile partner contribution before filing; correct Form 11 data firstSource

  • Form accepted with wrong figures

    V3 is straight-through; fix every figure before submission because it cannot be revised laterSource

  • Session timeout loses data

    Save draft often while fillingSource

  • SRN cancelled for late payment

    Pay within the payment window shown after SRNSource

  • Turnover, contribution and partner details inconsistent

    Reconcile accounts, Form 11 and partner records before filingSource

People ask

Is the Form 8 date extended for FY 2025-26?

Practitioner sources say no. The 2026 extension circular covered company forms AOC-4 and MGT-7, not LLP Form 8 or Form 11.Source

Does every LLP need an audit?

No. Rule 24(8) exempts LLPs whose turnover does not exceed ₹40 lakh or whose contribution does not exceed ₹25 lakh. Partners may still opt for audit.Source

Who can be the auditor?

Only a practising Chartered Accountant, appointed for each financial year.Source

Did the CCFS 2026 waiver cover LLP forms?

No. Sources say CCFS 2026 covered company forms only; LLP backlogs pay the full additional fee.Source

IDFD

How we solve it: 4 steps

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Step 1 of 4 · What we need from you

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Ready0 / 8
  • Balance sheet and income statement
  • Turnover and total contribution
  • Audit report, if auditedOptional
  • MSME dues disclosure
  • Contingent liabilities statementOptional
  • Charges created, modified or satisfiedOptional
  • Police station of registered office
  • DSC of two designated partners

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Yearly. Delivered in 3 working days after final (or audited) accounts. Due: Within 30 days from the end of six months of the financial year, so by 30 October

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