Deadline for Filing Form 8 (the Statement Account and Solvency) by Limited Liability Partnerships up to 30th December, 2021 extended

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Form 8 (the Statement Account and Solvency) by Limited Liability Partnerships upto 30th December, 2021 extended

This Ministry has received a representation seeking extension of timeline for filing the Statement of Account and Solvency without paying additional fees by LLPs on account of challenges faced by the LLPs due to COVID-19 pandemic. As part of the Government’s constant efforts to promote ease of living and compliances for Micro, Medium and Small Enterprises doing business through the vehicle of LLP, it has been decided to allow LLPs to file Form 8 (the Statement of Account and Solvency) for the Financial Year 2020-2021 without paying additional fees up to 30th December, 2021.

Income tax deadline for companies is extended till end of December 2021 but LLP form 8 filing deadline was 31st of October 2021 many tax payers were worried and in Ambiguity about the same but now as per the above notification from MCA it has been extended up to 31st of December 2021.

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