https://www.taxtmi.com/forum/issue?id=113151 The LLP, though carrying out no transactions since incorporation, remains subject to statutory filing duties; absence of business does not eliminate the obligation to file returns and persistent failure to file attracts penalties. Immediate submission of the required returns and subsequent steps toward formal closure are necessary to address regulatory notices and penal exposure. en-us Wed, 06 Dec 2017 17:25:07 +0530 Thu, 23 Jan 2025 15:55:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113151 The LLP, though carrying out no transactions since incorporation, remains subject to statutory filing duties; absence of business does not eliminate the obligation to file returns and persistent failure to file attracts penalties. Immediate submission of the required returns and subsequent steps toward formal closure are necessary to address regulatory notices and penal exposure. Discussion-Forum Companies Law Wed, 06 Dec 2017 17:25:07 +0530 https://www.taxtmi.com/forum/issue?id=113151