ITR-5 Return Filing
Compliant & Hassle-Free ITR Filing for Firms, LLPs, AOPs, and BOIs
Are you running a partnership firm, LLP, AOP, BOI, or any entity (other than individuals and HUFs) that doesn't require filing under ITR-7? If yes, then ITR-5 is the correct Income Tax Return form for your business. Accurate and timely filing of ITR-5 ensures legal compliance, avoids penalties, and helps maintain credibility with banks, investors, and stakeholders.
Our expert-led ITR-5 filing service helps you file confidently — with complete accuracy, audit assistance, and support tailored to your business needs.
What is ITR-5?
ITR-5 is an Income Tax Return form applicable to entities such as:
- Partnership firms (excluding LLPs required to file ITR-6)
- Limited Liability Partnerships (LLPs)
- Associations of Persons (AOPs)
- Bodies of Individuals (BOIs)
- Estate of deceased or insolvent individuals
- Business trusts and investment funds
- Co-operative societies (not claiming exemption under section 10)
Note: Companies must file ITR-6 or ITR-7, not ITR-5.
Who Should File ITR-5?
File ITR-5 if you are:
- A partnership firm or LLP not claiming tax exemption under section 11
- An AOP or BOI
- A co-operative society, estate, or business trust
- An entity with business or professional income
- Required to maintain audited books of accounts
Documents Required for ITR-5 Filing
- PAN and TAN of the entity
- Deed of partnership or LLP agreement
- Financial statements (P&L, Balance Sheet)
- Audit report (Form 3CA/3CB & 3CD), if applicable
- Details of capital contributions, partner/shareholder remuneration
- Bank account and interest details
- Form 26AS & AIS/TIS for TDS credit
- Previous year's ITR (if applicable)
When is Audit Required?
Audit is mandatory if:
- Business turnover exceeds ₹1 crore
- Professional receipts exceed ₹50 lakh
- Income is reported under presumptive taxation but conditions are not met
- You're claiming deductions under Section 44AB or 44ADA
Our team assists in coordinating with your auditor and filing audit reports (Form 3CA/3CB & 3CD) on time.
Our ITR-5 Filing Services
- Eligibility Check: We confirm ITR-5 applicability based on your entity type and income profile.
- Financial Review: Our experts analyze your P&L, balance sheet, and tax liabilities.
- Audit Support: We guide you through audit compliance and upload audit reports if required.
- Accurate Return Filing: We file your ITR with accurate income computation, deductions, and disclosures.
- Post-Filing Support: Assistance with ITR-V verification, refund tracking, and notices if any.
Why Choose Us?
- Experienced CA and tax compliance team
- End-to-end filing including audit coordination
- 100% data confidentiality and accurate reporting
- Fast turnaround and year-round support
- Affordable pricing and tailored filing packages
Avoid Penalties. File Your ITR-5 the Right Way.
The due date for ITR-5 (with audit) is typically 31st October of the assessment year. Filing late can lead to penalties up to ₹5,000 and disqualification of certain deductions.
Get started today with professional ITR-5 filing for your firm or LLP. Book a free consultation with our experts now!
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