RETURN OF LLP

An LLP Incorporated on 15 March 2021.Wheather ITR is required for the F. Y 2020-21. Please answer this with relevant section. Thanks in advance.
Replies (2)
Quick Summary
This discussion clarifies whether a Limited Liability Partnership (LLP) incorporated on 15 March 2021 requires filing an Income Tax Return (ITR) for the financial year 2020-21. The consensus is that it is mandatory for all LLPs to file their return of income, regardless of their profit or loss for the period.

Yes, it is mandatory for every Limited Liability Partnership (‘LLP’) to file the return of income irrespective of amount of income or loss.
Yes ITR should be filed by the LLP

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