LLP must file its Annual Return within 60 days from the end of close of the financial year and statement of Account and solvency within 30 days from the end of six months of the close of financial year. It is mandatory for LLPs to maintain their financial year as on 1st April to 31st March. Hence, LLP annual return is due on 30th May and the statement of account and solvency is due on 30th October of each financial year. Special care must be taken regarding the Annual Return filing on time as non- compliance attracts a penalty of Rs. 100 per day of default with no ceiling.