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Joined August 2007
PVT LTD converted to LLP in Dec 2016: Now IT & ROC Returns how to file for FY 2016-17. whether to file first PVT Ltd company and also to LLP... Procedure & formats for LLP B/S & P&L.
1. First of all you should have to prepare balance sheet and profit & loss account upto Dec 2016, and file your income tax return of Pvt. Ltd. with Income Tax Department.
2. Prepare your books of accounts from Jan 17 to Mar 17 of LLP and file your IT Return accordingly, as per IT provisions.
3. Afterthat, you have to file Form 11 of LLP with roc for period ending March 2017 upto 31.05.2017. If you have not file form 11 then you have to pay penalty on per day basis, so hurry up to file Form 11 with ROC. There in no need to file annual return of Pvt Ltd. Co. with ROC, as it is coverted into LLP.