Llp 18 months is allowed?
This query is : Resolved
NISHANT SIPANI
(Querist)
11 January 2025
In case LLP has been incorporated on or after 1st October of financial year, then LLP can close its first financial year either on the coming or next 31st March i.e. LLP files its first financial year details for 18 months.
Dhirajlal Rambhia
(Expert)
11 January 2025
Yes, for form 8 & form 11; but it has to file ITR for the same year.
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