DPIIT CERTIFICATE FOR START UP AND ITR

Company incorporated in 2020-21 and also taken DPIIT certificate under start up for availing tax exemption and other benefits. Company is having loss in FY 2020-21.. Whether it is required to give details as start up by DPIIT in the ITR form fy 2020-21 since there is a loss. Is mandatory to show the details
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Quick Summary
This discussion addresses whether a company incorporated in 2020-21, holding a DPIIT startup certificate for tax benefits, must declare its startup status in its Income Tax Return (ITR) for FY 2020-21, particularly when experiencing a loss. The core question is about the mandatory nature of disclosing DPIIT details in the ITR form under these circumstances.

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