June 24, 2024


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Section 59 – Aadhaar (Targeted Delivery Of Financial And Other Subsides, Benefits And Services) Act, 2016

Savings Anything done or any action taken by the Central Government under the Resolution of the Government of India, Planning Commission bearing notification number A-43011/02/2009-Admin. I, dated the 28th January, 2009, or by the Department of Electronics and Information Technology under the Cabinet Secretariat Notification bearing notification number S.O.2492(E), dated the 12th September, 2015, as the case may be, shall be deemed to have been validly done or taken under this Act. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Demand Notice | Psara License | FCRA Online Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | GST Search Taxpayer | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card | ec tamilnadu |  aaple sarkar portal |  epf activation |  scrap business |  brsr | depreciation on computer | west bengal land registration | traces portal | Directorate general of GST Intelligence | form 16 | rtps | patta chitta

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Section 58 – Aadhaar (Targeted Delivery Of Financial And Other Subsides, Benefits And Services) Act, 2016

Power to remove difficulties (1) If any difficulty arises in giving effect to the provisions of this Act, the Central Government may, by order, published in the Official Gazette, make such provisions not inconsistent with the provisions of this Act as may appear to be necessary for removing the difficulty: Provided that no such order shall be made under this section after the expiry of three years from the commencement of this Act. (2) Every order made under this section shall be laid, as soon as may be after it is made, before each House of Parliament. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Demand Notice | Psara License | FCRA Online Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | GST Search Taxpayer | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card | ec tamilnadu |  aaple sarkar portal |  epf activation |  scrap business |  brsr | depreciation on computer | west bengal land registration | traces portal | Directorate general of GST Intelligence | form 16 | rtps | patta chitta

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Section 57 – Aadhaar (Targeted Delivery Of Financial And Other Subsides, Benefits And Services) Act, 2016

Act not to prevent use of Aadhaar Number for other purposes under law Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Demand Notice | Psara License | FCRA Online Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | GST Search Taxpayer | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card | ec tamilnadu |  aaple sarkar portal |  epf activation |  scrap business |  brsr | depreciation on computer | west bengal land registration | traces portal | Directorate general of GST Intelligence | form 16 | rtps | patta chitta

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Section 56 – Aadhaar (Targeted Delivery Of Financial And Other Subsides, Benefits And Services) Act, 2016

Application of other laws not barred The provisions of this Act shall be in addition to, and not in derogation of, any other law for the time being in force. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Demand Notice | Psara License | FCRA Online Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | GST Search Taxpayer | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card | ec tamilnadu |  aaple sarkar portal |  epf activation |  scrap business |  brsr | depreciation on computer | west bengal land registration | traces portal | Directorate general of GST Intelligence | form 16 | rtps | patta chitta

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Section 55 – Aadhaar (Targeted Delivery Of Financial And Other Subsides, Benefits And Services) Act, 2016

Laying of rules and regulations before Parliament  Every rule and every regulation made under this Act shall be laid, as soon as may be after it is made, before each House of Parliament, while it is in session, for a total period of thirty days which may be comprised in one session or in two or more successive sessions, and if, before the expiry of the session immediately following the session or the successive sessions aforesaid, both Houses agree in making any modification in the rule or regulation, or both the Houses agree that the rule or regulation should not be made, the rule or regulation shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule or regulation. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Demand Notice | Psara License | FCRA Online Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | GST Search Taxpayer | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card | ec tamilnadu |  aaple sarkar portal |  epf activation |  scrap business |  brsr | depreciation on computer | west bengal land registration | traces portal | Directorate general of GST Intelligence | form 16 | rtps | patta chitta

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Section 54 – Aadhaar (Targeted Delivery Of Financial And Other Subsides, Benefits And Services) Act, 2016

Power of Authority to make regulations (1) The Authority may, by notification, make regulations consistent with this Act and the rules made thereunder, for carrying out the provisions of this Act. (2) In particular, and without prejudice to the generality of the foregoing power, such regulations may provide for all or any of the following matters, namely:— [ (a)   the entities or group of entities in the Aadhaar ecosystem under clause (aa), the biometric information under clause (g) and the demographic information under clause (k), the process of collecting demographic information and biometric information from the individuals by enrolling agencies under clause (m) and the modes of offline verification of Aadhaar number holder under clause (pa) of section 2; ] (b)   the manner of verifying the demographic information and biometric information for issue of Aadhaar number under sub-section (3) of section 3; [ (ba)   the manner of generating alternative virtual identity under sub-section (4) of section 3; (bb)   the manner in which cancellation of an Aadhaar number may be carried out under sub-section (2) of section 3A.] (c)   the conditions for accepting an Aadhaar number as proof of identity of the Aadhaar number holder under sub-section (3) of section 4; [ (ca)   standards of privacy and security to be complied with by the requesting entities under sub-section (4) of section 4; (cb)   the classification of requesting entities under sub-section (5) of section 4; ] (d)   the other categories of individuals under section 5 for whom the Authority shall take special measures for allotment of Aadhaar number; (e)   the manner of updating biometric information and demographic information under section 6; (f)   the procedure for authentication of the Aadhaar number under section 8; [(fa)   the alternate and viable means of identification of individual under the proviso to clause (b) of sub-section (2) of section 8; (fb)   the manner of obtaining consent under clause (a) of sub-section (2), the manner of providing information to the individual undergoing offline verification under sub-section (3), and the obligations of offline verification-seeking entities under clause (c) of sub-section (4), of section 8A; ] (g)   the other functions to be performed by the Central Identities Data Repository under section 10; (h)   the time and places of meetings of the Authority and the procedure for transaction of business to be followed by it, including the quorum, under sub-section (1) of section 19; (i)   the salary and allowances payable to, and other terms and conditions of service of, the chief executive officer, officers and other employees of the Authority under sub-section (2) of section 21; (j)   the demographic information and biometric information under clause (a) and the manner of their collection under clause (b) of sub-section (2) of section 23; (k)   the manner of maintaining and updating the information of individuals in the Central Identities Data Repository under clause (f) of sub-section (2) of section 23; (l)   the manner of omitting and deactivating an Aadhaar number and information relating thereto under clause (g) of sub-section (2) of section 23; (m)   the manner of use of Aadhaar numbers for the purposes of providing or availing of various subsidies, benefits, services and other purposes for which Aadhaar numbers may be used under clause (h) of sub-section (2) of section 23; (n)   the terms and conditions for appointment of Registrars, enrolling agencies and other service providers and the revocation of appointments thereof under clause (i) of sub-section (2) of section 23; (o)   the manner of sharing information of Aadhaar number holder under clause (k) of sub-section (2) of section 23; (p)   various processes relating to data management, security protocol and other technology safeguards under clause (m) of sub-section (2) of section 23; (q)   the procedure for issuance of new Aadhaar number to existing Aadhaar number holder under clause (n) of sub-section (2) of section 23; (r)   manner of authorising Registrars, enrolling agencies or other service providers to collect such fees for services provided by them under clause (o) of sub-section (2) of section 23; (s)   policies and practices to be followed by the Registrar, enrolling agencies and other service providers under clause (r) of sub-section (2) of section 23; (t)   the manner of accessing the identity information by the Aadhaar number holder under the proviso to sub-section (5) of section 28; (u)   the manner of sharing the identity information, other than core biometric information, collected or created under this Act under sub-section (2) of section 29; (v)   the manner of alteration of demographic information under sub-section (1) and biometric information under sub-section (2) of section 31; (w)   the manner of and the time for maintaining the request for authentication and the response thereon under sub-section (1), and the manner of obtaining, by the Aadhaar number holder, the authentication records under sub-section (2) of section 32; (x)   any other matter which is required to be, or may be, specified, or in respect of which provision is to be or may be made by regulations. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Demand Notice | Psara License | FCRA Online Most read resources tnreginet |rajssp |

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Section 53 – Aadhaar (Targeted Delivery Of Financial And Other Subsides, Benefits And Services) Act, 2016

Power of Central Government to make rules. (1) The Central Government may, by notification, make rules to carry out the provisions of this Act. (2) In particular, and without prejudice to the generality of the foregoing power, such rules may provide for all or any of the following matters, namely:— (a)   the form and manner in which and the authority before whom the oath of office and of secrecy is to be subscribed by the Chairperson and Members under sub-section (2) of section 14; [(aa)   the purpose for which the requesting entity may be allowed by the Authority to perform authentication under sub-clause (ii) of clause (b) of sub-section (4) of section 4; ] (b)   the salary and allowances payable to, and other terms and conditions of service of, the Chairperson and the allowances or remuneration payable to Members of the Authority under sub-section (4) of section 14; (c)   the other powers and functions of the Chairperson of the Authority under section 17; (d)   the other powers and functions of the Authority under clause (t) of sub-section (2) of section 23; (e)   the form of annual statement of accounts to be prepared by Authority under sub-section (1) of section 26; (f)   the form and the manner in which and the time within which returns and statements and particulars are to be furnished under sub-section (1) of section 27; (g)   the form and the manner and the time at which the Authority shall furnish annual report under sub-section (2) of section 27; [ (ga)   the qualification and experience of, and the manner of appointment of, the Adjudicating Officer under sub-section (1) of section 33B; (gb)   the form, manner, and fee for an appeal to be filed under sub-section (2) of section 33C; ] (h)   any other matter which is required to be, or may be, prescribed, or in respect of which provision is to be or may be made by rules. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Demand Notice | Psara License | FCRA Online Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | GST Search Taxpayer | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card | ec tamilnadu |  aaple sarkar portal |  epf activation |  scrap business |  brsr | depreciation on computer | west bengal land registration | traces portal | Directorate general of GST Intelligence | form 16 | rtps | patta chitta

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Section 52 – Aadhaar (Targeted Delivery Of Financial And Other Subsides, Benefits And Services) Act, 2016

Protection of action taken in good faith No suit, prosecution or other legal proceeding shall lie against the Central Government or the Authority or the Chairperson or any Member or any officer, or other employees of the Authority for anything which is in good faith done or intended to be done under this Act or the rule or regulation made thereunder. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Demand Notice | Psara License | FCRA Online Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | GST Search Taxpayer | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card | ec tamilnadu |  aaple sarkar portal |  epf activation |  scrap business |  brsr | depreciation on computer | west bengal land registration | traces portal | Directorate general of GST Intelligence | form 16 | rtps | patta chitta

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Section 51 – Aadhaar (Targeted Delivery Of Financial And Other Subsides, Benefits And Services) Act, 2016

Delegation The Authority may, by general or special order in writing, delegate to any [Member or officer] of the Authority or any other person, subject to such conditions, if any, as may be specified in the order, such of its powers and functions under this Act (except the power under section 54) as it may deem necessary. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Demand Notice | Psara License | FCRA Online Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | GST Search Taxpayer | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card | ec tamilnadu |  aaple sarkar portal |  epf activation |  scrap business |  brsr | depreciation on computer | west bengal land registration | traces portal | Directorate general of GST Intelligence | form 16 | rtps | patta chitta

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LLP Form 8

LLP Form 8

MCA form LLP 8 or statement of account and solvency composes a filing which should be furnished every year by all limited Liability Partnerships (LLPs) enrolled in India. No matter whatever the turnover of the LLP is, Form 8 must be filed with the Ministry of Corporate. Filing LLP Form 8 is an essential requirement for Limited Liability Partnerships (LLPs) to ensure compliance with regulatory bodies and maintain transparency in financial reporting. What is Form 8 for LLPs? Now, several questions will be floating in your mind such as what is Form 8 for LLP, late fee or penalty for filing Form 8 LLP? Form 8 in LLP is a statement of accounts and solvency that is applicable to all LLPs regardless of their turnover. Through this form, an LLP declares officially that its financial position is healthy enough and thus, it is capable enough to pay its liabilities and debts. Some other key particulars of the financial statement of the LLP are also disclosed in this form. LLPs need to submit these details through Form 8 within 30 days after the conclusion of the first half of the financial year. And hence, it is required to file LLP Form 8 by October 30th of each financial year.LLP Form 8 annual filings is one of the necessary compliances for LLPs that needs to be followed properly and timely to avoid consequences associated with late filing such as late filing fees or penalty for form 8 LLP. With the below post, you will get to know about some necessary facets of LLP Form including Form 8 LLP due date, late fee, or penalties!It’s necessary for the LLPs to submit these details through Form 8 within 30 days after the conclusion of the first half of the financial year. And hence, it is required to file LLP Form 8 by October 30th of each financial year. Failing to file Form 8 LLP can attract hefty late fees or penalty for form 8 LLP. Filing of Form 8 LLP Due Date The Filing of Form 8 LLP due date is 30th October of each financial year. Failing to file LLP Form 8 can impose a late fee or penalty of Rs. 100 per day. Along with filing LLP Form 8, LLPs are also required to file LLP Form 11 on or before May 30 of every financial year. Details Required for Filing Form 8 LLP Name and Address of the LLP LLPIN (Limited Liability Partnership Identification Number) Jurisdiction of Police Station for the registered address of the LLP Whether any charge is modified in favour of an Asset Reconstruction Company (ARC) or assignee If the turnover exceeds Rs 40 lakhs of the LLP  Whether the obligation of contribution exceeds Rs 25 lakhs Statement of Assets and Liabilities as of 31st March Statement of Income and Expenditure for the financial year Filing Fee for LLP Form & Penalty for Non-filing of MCA LLP Form 8 Filing Fees The LLP Form 8 filing fees vary according to the annual turnover of the LLPs. The table provided below gives you a better understanding of filing fees of Form 8 for different LLPs. Contribution of LLP Filing fees of Form 8 Up to INR 1 Lakhs INR 50 More than INR 1 Lakhs up to INR 5 Lakhs INR 100 More than INR 5 Lakhs up to INR 10 Lakhs INR 150 More than INR 10 Lakhs up to INR 25 Lakhs INR 200 More than INR 25 Lakhs up to INR 1 Crore INR 400 More than INR 1 Crore INR 600 Late fees or Penalty for Late Form 8 LLP Filing The table provided below gives you information about the late filing fees Form 8 of LLP as per the different delay period of filing this form. S.No Period of Delays Small LLPs Other than Small LLPs 1. Upto 15 days One time One time 2. More than 15 days and upto 30 days 2 times of normal filing fees 4 times of Normal Filing Fees 3. More than 30 days and upto 60 days 4 times of normal filing fees 8 times of Normal Filing Fees 4. More than 60 days and upto 90 days 6 times of normal filing fees 12 times of Normal Filing Fees 5. More than 90 days and upto 120 days 10 times of normal filing fees 20 times of Normal Filing Fees 6. More than 180 days and upto 360 days 15 times of normal filing fees 30 times of Normal Filing Fees 7. More than 360 days 25 times of normal filing fees 50 times of Normal Filing Fees Account and Solvency Statement MCA Form 8 is also called Statement of Account & Solvency. In Form 8, the LLP should furnish the information of the financial transactions within the fiscal year and the position to finish the fiscal year. Moreover to the fiscal part, the LLP should mention: Show that the turnover exceeds or less than Rs 40 lakhs.  Show that the LLP has previously furnished a statement showing the creation of charges or modification or satisfaction till the current fiscal year.  Show that the partners or authorised representatives have opted for effective handling and responsibility to maintain enough accounting records and preparation of accounts.  Attachments with LLP Form 8 The below-mentioned documents should be attached with Form 8: Mandatory: Disclosure under Micro, Small and Medium Enterprises Development Act, 2006. Towards the emergency liabilities happen, a statement of contingent liabilities needs to be attached. Any additional details would be given as an optional attachment.  Chartered Accountant and Partners Signature Form 8 is needed to be digitally signed by a minimum of two Designated Partners of LLP or Authorised Representatives of Foreign LLP. Moreover when the total turnover of the LLP is more than Rs 40 lakhs or partners’ responsibility for the contribution of more than Rs 25 lakh, then Form 8 must be certified by the auditor of the LLP/ FLLP. or, the digital signature of a

LLP Form 8 Read More »