MCA further relaxes additional fees for filing Annual Return by LLPs upto 15.07.2022
MCA has issued General Circular No. 07/2022 dated 29.06.2022 further extending the timeline for filing Annual Return by LLPs for Financial Year 2021-22 without paying additional fee up to 15th July 2022.
Earlier, MCA vide General Circular No. 04/2022 dated 27.05.2022, in view of transition from version-2 of MCA-21 to version-3 and to promote compliance on part of LLPs, had allowed LLPs to file e-Form 11 (Annual Return of Limited Liability Partnership) for the Financial Year 2021-22 without paying additional fee up to 30th June 2022.
- Assessee eligible for Chapter VIA deduction u/s 80IE on increased income due to disallownces
- Assessee filing ITR under presumptive tax can’t be faulted for not giving details not mandated
- Sale of flats in a real estate project held capital gains considering intention of assessee
- Interest liability recognised by journal entries at the close of year, can’t be termed as fictitious – ITAT
- Cash deposits in bank which were immediately transferred to other accounts – addition deleted
