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LLP audit under LLP Act, 2008 and IT act, 1961

Others 637 views 6 replies

Hello,

I have a query regarding LLP Audit. As my turnover has crossed Rs. 40 lakhs , Audit is mandatory under LLP act. Is any format under which we have to file the audit. Please share the same.

Also , at the same time my turnover has crossed Rs. 1 crore but i have reported loss for the same year. Is audit also compulsory under Income Tax Act .

Please clarify the confusions.

Replies (6)
Yes audit is applicable as turnover exceeds 1 crores rupees
For 1st Part Yes there is format of LLP audit report and Financial statements, which are required to be file with Roc.

2nd part Yes audit is mandatory in you case as turnover exceeds Rs 1crore

Audit is applicable  because  turnover is more then 1 crore .

 

https://cevious.com/tally-to-whatsapp/

Audit is applicable  because  turnover is more then 1 crore .

 

https://cevious.com/tally-to-whatsapp/

Can you please share the format of LLp audit to be filed with ROC or please share the source of it.

Also as LLp audit is to be done, do we need to file Form 3CA /form CD instead of Form  3CB/CD

Yes you need to file 3CA


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