LLP AUDIT report

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ichalkaranji
146 Points Posted on 26 October 2021
Is it mandatory to take audit report (opinion and responsibility statement ) from CA as per LLP act... if turnover and contribution crosses the limits or is it ok to upload only balance sheet and P& L with sign of CA
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On 26 October 2021 at 11:39 Report
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This discussion clarifies the mandatory requirements for LLP audit reports under the LLP Act. If your LLP exceeds the prescribed threshold limits for turnover and contribution, an official audit report from a Chartered Accountant (CA) must be issued and uploaded. Simply submitting a balance sheet and P&L signed by a CA is insufficient in such cases.

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Chartered Accountant
22 Points Posted on 26 October 2021
Once LLP crossess the threshold limit prescribed for audit, auditor has to issue Audit Report and the same needs to be uploaded.
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On 26 October 2021 at 17:44
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Chartered Accountant
24588 Points Posted on 03 November 2021
Yes it needs
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On 03 November 2021 at 13:12

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