Does an LLP need an audit?

Name: Vijay R Singh & Co.
Address: Office No. 4, Vishal CHSL, D Wing, Sir Mathuradas Vasanji Road, Azad Nagar, Opp. Andheri Gymkhana, Andheri East, Maharashtra, 400069, IN
Telephone: +91 98607 23959

CA Vijay R Singh, FCA
Chartered Accountant · ICAI M.No. 153926 · FRN 136869W

Short answerAn LLP needs a statutory audit only if turnover exceeds ₹40 lakh or capital contribution exceeds ₹25 lakh. Below both, no audit is required — though the annual Form 8, Form 11 and the income-tax return are still mandatory.

Audit thresholds

₹40 lakh turnover or ₹25 lakh contribution — cross either and audit applies. Confirm current limits.

Below = no audit, but still file

You still file Form 8, Form 11 and the ITR even without an audit.

NRI Taxation

← Back to all questions

Talk to CA Vijay R Singh

Unsure if your LLP needs an audit? You can message him directly, or book a short call to talk through your situation.

Book a 15-minute call
Message on WhatsApp
Email your query

This answer is general information for NRIs, not tax advice. Tax rates, thresholds and forms change with each Finance Act — please confirm the current position for your own facts, or speak to us, before acting.