Overview of ITR-5

This return is for firms, limited liability partnerships (LLPs), bodies of individuals (BOI), and associations of persons (AOP)

Quick Information
Who can file ITR-5
- ELIGIBILITY

The persons who are eligible to file ITR-5 are as under :

  • A Firm

  • Limited Liability Partnership

  • Association of Persons (AOP)

  • Body of Individuals (BOI)
  • Artificial Juridical Person (AJP) referred to in Section 2(31)(vii)
  • Local Authority referred to in Section 160(1)(iii) or 160(1)(iv)
  • Cooperative Society
  • The society must be registered under the Societies Registration Act of 1860 or a state law trust (except trusts eligible for filing Form ITR-7)
  • An insolvent’s estate
  • Business Trust referred to in Section 139(4E)
  • Section 139 refers to an investment fund (4F)
 
Who can not file ITR-5
- INELIGIBILITY

Form ITR-5 cannot be filed by any individual, HUF, Company and also by persons eligible to file ITR-7.

Documents requirement for filling ITR-5

Financial Statements of Firm, Society, Local Authority etc.

Documents relating to Deductions claimed

Form 16/26AS

Steps & Procedures

Complete Roadmap of Process of ITR filling service

1

Fill the Form and make the payment

2

Our Tax expert will reach you soon after query

3

Upload info. and documents

4

Sent us the OTP that is sent to you

5

Filing of the ITR form, providing your details.

6

Congrats!
Your work is done.

Fill ITR Now

It will not take more than 5 minutes

We can assist you with your ITR filling and support for your business within 24 hours while you sitting at your place with only a couple snaps of a mouse.

Request Quotation / Callback from Tax Experts

Income Tax Return Filling

 

Frequently Asked Question

I have filled my IT-return incorrect what should i do ?

You can file revised return & correct the mistakes/errors. The revised return can be filed at any time before the expiry of 1 year from the end of the relevant assessment year  
 

Who can not fill ITR-1 ?

  • If your total income exceeds Rs 50 lakhs.
  • If you have foreign assets
  • If you have agricultural income which is more than Rs. 5,000,
  • If you have taxable capital gains
  • If you have income from business or profession
  • If you have income from more than one house property

Who can not fill ITR-2 ?

This Return Form should not be filed by an individual whose total income for the assessment year 2017-18 includes Income from Business or Profession.
 

Who can not fill ITR-3 ?

The old ITR-4 tax form has been renamed ITR-3. If you've e-filed an ITR-3 for FY 2015-16, then you must file an ITR-2 now.
 

Who can not fill ITR-4 ?

The old ITR-4S tax form has been renamed ITR-4. If you've e-filed an ITR-4 for FY 2015-16, then you must file an ITR-3 now
 

Do you provide services in Chhattisgarh ?

Yes, Fintore India is an online platform that serves all of India. No matter where you do business, all you need is an internet connection on your phone or computer, and we'll take care of the rest.

Do i need to physically present for the process ?

No, you do not need to be physically present for the process; Fintore India is an online catering platform; all you need is an internet connection on your phone/computer and the relevant paperwork, and we can do the task regardless of where you are in India.

Open chat