The Income Tax Department provides various ITR forms tailored to different taxpayer categories based on their income sources. ITR-5 is specifically designed for firms, Associations of Persons (AOPs), and Bodies of Individuals (BOIs) that do not qualify as companies. This form is intended for non-corporate entities required to report their income and tax obligations to the Income Tax Department.

At gsttaxwala, we offer expert assistance to make ITR-5 filing easy and efficient. Our platform is designed to meet the unique needs of firms, AOPs, and BOIs, providing a simple, user-friendly interface, competitive pricing, and expert support to streamline the tax filing process.

Who is Eligible to File the ITR-5 Form?

The following entities can use the ITR-5 form for filing income tax returns:

• Firms
• Limited Liability Partnerships (LLPs)
• Bodies of Individuals (BOIs)
• Associations of Persons (AOPs)
• Estates of deceased individuals
• Artificial Juridical Persons, as defined in Section 2(31)(vii) of the Income Tax Act
• Business trusts and investment funds
• Estates of insolvent individuals
• Cooperative societies
• Local authorities

Please note, however, that entities required to file income tax returns under Sections 139(4A), 139(4B), 139(4C), or 139(4D) should not use this form.

No Additional Attachments Required

When filing the ITR-5 form, no supporting documents are required to be attached.