Annual Returns (Form 11) applicability to Limited Liability Partnership (LLP)
Every LLP registered in India have to file form 11 (Annual returns) within 60 days of closure of the financial year.
If the LLP is in existance for less than 12 months before 31 march, than LLP can choose to file the returns on the year ending March 31. However LLP have the options to close first year withing 18 months of its existance (For first year only).
Who need to file Annual Returns before 30 May?
Every LLP that filed annual returns for last year or the new LLP which wants to have March as closing month of financial year should file the annyal returns.
File your annual Returns before 30th May to escape the penalty.
For other returns and details read this post Annual Returns Filing and Audit requirements for Limited Liability Partnership (LLP)