An LLP Incorporated on 15 March 2021. whether ITR is required for the F. Y 2020-21. please answer this with relevant section. thanks in advance
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Quick Summary
This discussion clarifies the requirement for a Limited Liability Partnership (LLP) to file its Income Tax Return (ITR) for the financial year 2020-21. Even if an LLP was incorporated on 15 March 2021, it is mandatory for all LLPs to file their return of income, regardless of their profit or loss during that period.