Aryan & Aarav, an LLP having turnover of ₹ 45 lakh and contribution of the partners exeeding ₹ 30 lakh in F.Y. 2018-19 is seeking your advice in the following matters: State Offences & Penalties for non-filing of

Offences and penalties: Limited Liability Partnership Act, 2008 provides that for non-compliance on procedural matters such as delay in filing e-forms, one has to pay default fees for every day for which the default continuous. Such default fees would be payable at the rate of rupee one hundred per day after the expiry of the date of filing up to a period of three hundred days. The offence can result in either (i) through payment of fine or (ii) through payment of fine as well as imprisonment of the offender.