Is it necessary to file itr in case of company incorporated as on Jan 2020 for A.Y. 2020-21?

Hello....
Dear experts,
One company has been incorporated as on Jan 2020. No business transactions has been undertaken due to this pandemic situation. I want to know
shall filing of itr mandatory or not?
Shall audit under companies act mandatory ?
Guide me with other compliances if any required.
Waiting for your reply at the earliest moments...
Replies (1)
Yes it is required even if their is no transactions

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