Books Of Accounts Of Llp Are To Be Preserved For. Audit of accounts in accordance with the rules prescribed. Llp are required to maintain proper books of accounts at its registered office.
As per this sub section, the books of accounts of every company are required to be preserved and maintained for not less than 8 financial year and if the company is in existence for less than 8 years then in this case the company has to maintain all books of account in respect of the period since its incorporation. (2) the books of accounts of every llp relating to a period of not less than ten years immediately preceding the current year shall be preserved in good order. Registered documents of limited liability partnership which have been fully wound.
Registered documents of limited liability partnership which have been fully wound.
It can be on a cash basis or an accrual basis. The books of accounts must also be preserved in the registered office of the llp for the specified period. (2) the books of accounts of every llp relating to a period of not less than ten years immediately preceding the current year shall be preserved in good order. It can be on a cash basis or an accrual basis.