LLP Audit · Panaji, Goa

Audit Under the LLP Act

Statutory audit and annual compliance for Limited Liability Partnerships in Goa — required when turnover crosses ₹40 lakh or contribution crosses ₹25 lakh — with accurate Form 8 and Form 11 filing under the LLP Act, 2008.

Overview

LLP compliance, without the worry.

A Limited Liability Partnership must have its accounts audited under the LLP Act, 2008 once turnover exceeds ₹40 lakh or partner contribution exceeds ₹25 lakh. On top of this, every LLP — active, dormant or loss-making — must file its annual Form 8 and Form 11 with the Registrar.

N D Savla & Associates manages the complete cycle for LLPs in Goa — statutory audit, ROC filing and, where applicable, the tax audit under Section 44AB. We also support LLP registration and accounting, so your partnership stays fully compliant year after year.

What's covered

Full LLP audit & filing support.

From audit to ROC, all under one roof.

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Applicability check

We confirm whether audit is required based on your turnover and contribution.

Accounts audit

Verification of books, partner capital, loans and statement of solvency.

Form 8 filing

Statement of Account & Solvency reporting audited figures, filed by the due date.

Form 11 filing

Annual Return of the LLP filed within 60 days of the financial year-end.

Tax audit coordination

Section 44AB tax audit handled together where turnover thresholds apply.

Compliance calendar

Deadline tracking so you never incur per-day late fees.

Our process

Audited and filed, on time.

01

Discovery call

Understand your LLP, turnover and filing status.

02

Document collection

Secure sharing of books, agreement and returns.

03

Audit & preparation

Verification and drafting of Form 8 and Form 11.

04

ROC filing

Timely submission, comfortably ahead of deadlines.

Frequently asked questions

LLP audit, answered.

Is audit mandatory for all LLPs?

No. Audit is mandatory only when annual turnover exceeds ₹40 lakh or contribution exceeds ₹25 lakh. LLPs below both thresholds need not be audited, but must still maintain books and file annual returns.

Which forms must an LLP file every year?

Form 11 (Annual Return) within 60 days of the financial year-end, and Form 8 (Statement of Account & Solvency) by 30 October. Where audit applies, audited figures go into Form 8. We handle both with the audit.

Does an LLP need a tax audit as well?

Yes, separately, a tax audit under Section 44AB applies if turnover crosses the prescribed limit. An LLP may need both an LLP Act audit and an income-tax audit — we conduct them together.

Who can audit an LLP?

Only a practising Chartered Accountant. The designated partners appoint the auditor and ensure the audit and filings are completed within statutory timelines.

What is the penalty for late LLP filing?

Late filing of Form 8 or Form 11 attracts an additional fee accruing per day of delay, which can become substantial, plus possible action against the LLP and partners. Timely filing keeps costs low.

What documents are needed for an LLP audit?

Books of account, bank statements, partner contribution and loan details, the LLP agreement, GST and TDS returns, fixed-asset details and prior-year financials. We share a checklist up front.

Can a loss-making or dormant LLP skip filing?

No. Even an inactive or loss-making LLP must file Form 8 and Form 11 each year. Audit is required only above the thresholds, but annual ROC filing is mandatory regardless of activity.

Do you also help with LLP registration and conversion?

Yes. We handle LLP incorporation, agreement drafting, partner additions, conversions, and ongoing audit, accounting and tax compliance for LLPs across Goa.

LLP audit or filing due? We'll handle it.

Book a free consultation with a qualified Chartered Accountant in Goa. We'll confirm what your LLP needs and keep it fully compliant — no obligation.