The Ministry of Corporate Affairs (MCA) has released a set of Frequently Asked Questions (FAQs) in relation with the LLP e-filing services on the portal. Recently, all the LLP e-filing services are being upgraded and migrated to MCA V3 portal. However, all the other services will continue to exist at MCA V2 portal.
As per the FAQ, the users can add multiple roles to their profile. However, this feature is only available for Registered users and Business users other than Company/LLP users.
Further, it clarified that only one user session per platform (Mobile app/web) will be allowed at a time.
In case the user does not log in for a continuous period of 60 days, then the account would be deactivated, and an email alert will be sent to the user stating the same. In order to activate the account, the user would be required to reset the password using “Forgot password” option.
It further stated that LLP is required to file LLP webform 8 (Statement of Account & Solvency) and LLP webform 11 (Annual Return) annually. The ‘Annual Return’ is required to be filed within 60 days of close of the financial year and ‘Statement of Accounts & Solvency’ shall be filed within 30 days from the end of six months of the financial year to which it relates. Every LLP must maintain uniform financial year ending on 31st March of a year.
Also, every LLP is required to file ‘Statement of Accounts & Solvency’ in prescribed LLP webform 8 which contains a declaration on the state of solvency of the LLP by the designated partners and information related to statement of assets and liabilities and statement of income and expenditure of the LLP. This form must be filed by the LLP on an annual basis. In case total turnover of the LLP/ FLLP exceeds Rs. 40 lakhs or partner’s obligation of contribution exceeds Rs. 25 lakhs, then the webform should be certified by the auditor of the LLP/ FLLP.
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