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LLP Form 11 Annual Return: Checklist, Fees and Complete Guide

Corporate Law : LLP Form 11 must be filed by every LLP, including inactive or non-operational entities, under the LLP Act, 2008. The guide explain...

May 20, 2026 687 Views 0 comment Print

Section 194T: TDS Rules for Partnership Firms and LLP Partners

Income Tax : The Finance Act, 2024 has inserted a new section, 194T, for TDS deduction by partnership firms/Limited Liability Partnerships (LLP...

May 1, 2026 3843 Views 1 comment Print

Corporate Laws (Amendment) Bill, 2026 – Changes to LLP Act, 2008

Corporate Law : The amendment introduces a new category of IFSC-based LLPs with specific regulatory provisions. It enables foreign currency operat...

April 23, 2026 699 Views 1 comment Print

LLP Compliance – Form 11 – Annual Return of LLP

Corporate Law : The issue highlights mandatory annual return filing for LLPs. The key takeaway is that delayed filing attracts heavy daily penalti...

April 20, 2026 1320 Views 0 comment Print

Company vs LLP vs Trust: Which Structure Saves More Tax in India?

Corporate Law : Comparative analysis of Company, Partnership Firm, and Trust in India covering tax rates, deductions, compliance, and suitability ...

March 30, 2026 1374 Views 0 comment Print


Latest News


ICAI Mandates Guidance Notes for LLPs & Non-Corporates in Two Phases

CA, CS, CMA : ICAI introduces phased applicability for new financial reporting guidance. Larger entities must comply first, followed by all enti...

April 1, 2026 1776 Views 0 comment Print

MCA Advisory on Name Reservation & Incorporation for Company and LLP

Company Law : Authorities rejected several name reservation applications because they were phonetically or structurally similar to existing enti...

March 15, 2026 8454 Views 0 comment Print

Draft CAG Policy of Empanelment of CA Firms/LLPs for 2026-27

CA, CS, CMA : The draft policy proposes a detailed scoring framework to empanel CA firms and LLPs for government audits based on capacity, exper...

January 8, 2026 10821 Views 0 comment Print

ICAI Issues Relaxation on Financial Reporting Guidance for Non-Corporates & LLPs

CA, CS, CMA : ICAI provides a one-year relaxation for two new Guidance Notes on financial statements for non-corporate entities and LLPs, making...

September 20, 2025 3204 Views 0 comment Print

MCA Strikes Off 38,658 Companies and 8,368 LLPs via C-PACE

Company Law : The Ministry of Corporate Affairs' C-PACE initiative has reduced the time for voluntary company closures from over 2 years to unde...

August 17, 2025 2229 Views 0 comment Print


Latest Judiciary


LLP Cleared of Section 68 Additions Due to Proven Partner Funds

Income Tax : The tribunal noted that the firm had no business activity and only earned interest income. It held that unexplained income cannot ...

January 6, 2026 504 Views 0 comment Print

Failure to Apply Sections 28(v) and 40(b) Invalidates Assessment Order

Income Tax : The issue was taxation of LLP partner’s remuneration without applying Sections 28(v) and 40(b). The High Court set aside the ass...

December 20, 2025 399 Views 0 comment Print

Amount Received for Sacrificing Profit Share in LLP Not Income or Capital Gain

Income Tax : The ITAT Chennai held that ₹1.98 crore received for reduction in profit-sharing ratio in CRCL LLP was not goodwill or taxable in...

November 2, 2025 6723 Views 0 comment Print

CIRP against Sumarrow Impex LLP initiated as debt and default proved

Corporate Law : NCLT Ahmedabad held that application under section 7 of the Insolvency and Bankruptcy Code for initiation of Corporate Insolvency ...

October 16, 2025 483 Views 0 comment Print

Adoption of Percentage Completion Method not justified as Project Completion Method accepted in earlier years

Income Tax : ITAT Ahmedabad held that addition by adopting Percentage Completion Method cannot be sustained as department already accepted Proj...

July 19, 2025 1740 Views 0 comment Print


Latest Notifications


Penalty Imposed for Holding Two DINs Due to Inadvertent Allotment During LLP Incorporation

Company Law : The issue involved duplication of DIN due to ignorance during incorporation. The authority imposed penalty despite voluntary discl...

March 23, 2026 192 Views 0 comment Print

MCA Amends LLP Delegation Rules Under Section 458

Company Law : The MCA has revised the list of Regional Directors authorized for LLP matters under Section 458 of the Companies Act. The amendmen...

February 10, 2026 543 Views 0 comment Print

MCA Appoints ROCs as Adjudicating Officers Under LLP Act Section 76A

Corporate Law : The Central Government has superseded the 2022 notification and reassigned state- and district-wise jurisdiction to specific Regis...

February 10, 2026 456 Views 0 comment Print

MCA Defers LLP Regional Director Reorganisation to 16th February 2026

Corporate Law : The Government has deferred the commencement date of a notification issued under the LLP Act. The effective date now shifts from J...

December 30, 2025 759 Views 0 comment Print

MCA Defers LLP Registrar of Companies Reorganisation to 16th February 2026

Corporate Law : MCA amended its notification to postpone implementation of the reorganised Registrar of Companies framework for LLPs....

December 30, 2025 1005 Views 0 comment Print


Filing Application Without Numbering Doesn’t Trigger Interim Moratorium: Kerala HC

February 6, 2024 864 Views 0 comment Print

Explore the Kerala High Courts judgment on Jeny Thankachans plea, challenging the precedence of the Insolvency and Bankruptcy Code over the Securitisation and Reconstruction Act.

Merger of Indian LLP with Company: Analyzing Casus Omissus Principle

February 5, 2024 3465 Views 0 comment Print

Explore the legal intricacies of merging an Indian LLP with a company under the Companies Act, 2013. Detailed analysis of NCLT and NCLAT decisions, casus omissus, and constitutional rights.

LLP Act Amendments, Integrated IT Portal, NCLT Framework Strengthening by MCA

January 31, 2024 732 Views 0 comment Print

Explore the impact of the LLP (Amendment) Act, 2021 on Ease of Doing Business, startup encouragement, and the introduction of Small LLPs. Get insights into the progress, benefits, and related government initiatives in corporate affairs.

Register of Partners and Beneficial Interest in Contribution of LLP [Expanding Corporate Governance Net]

January 29, 2024 3249 Views 0 comment Print

Explore the implications of LLP Amendment Rules 2023, focusing on the Register of Partners and Beneficial Interest. Learn the rules, forms, and effective date.

When do we file TM-M in the case of Trademarks?

January 24, 2024 8532 Views 0 comment Print

Discover the steps involved in filing a Trademark Modification (TM-M) and its various purposes. Learn about corrections, amendments, extensions, and more. Consult Compliance Calendar LLP for expert guidance.

Process of closure of an LLP in India

January 18, 2024 3660 Views 2 comments Print

Learn the step-by-step process of closing an LLP in India. From assessing reasons to ROC approval, our guide covers legal, financial, and procedural steps for a smooth closure.

LLP Registration: Benefits and Simple Steps for Successful Incorporation

January 17, 2024 15417 Views 7 comments Print

Discover advantages of LLP Registration – limited liability, tax benefits, and simplicity. Learn step-by-step incorporation, ensuring a smooth start for your business.

MCA Unveils Draft Policy for Transparent Rule & Regulation Making

January 16, 2024 972 Views 0 comment Print

Explore the Ministry of Corporate Affairs draft policy for pre-legislative consultation and a comprehensive review of rules and regulations, fostering transparency and stakeholder engagement.

Decoding LLP (Significant Beneficial Owners) Rules 2023: GSR 832(E) Analysis

January 15, 2024 3108 Views 0 comment Print

Dive into rule-by-rule analysis of GSR 832(E), Limited Liability Partnership (Significant Beneficial Owners) Rules 2023, examining definitions, duties, significant beneficial ownership, and more.

LLP Audit Applicability: Section 34(4) and Interpretational Insights

January 15, 2024 17700 Views 0 comment Print

Explore applicability of LLP audit under Section 34(4) of the LLP Act, 2008. Delve into an interpretational issue and the impact of the Small LLP definition. Understand penalties for non-compliance.

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