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ITR-5 is the Income Tax Return form used by Partnership Firms and Limited Liability Partnerships (LLPs) to report income, deductions, tax payments, and financial information to the Income Tax Department.

Who Can File:

  • Partnership Firms
  • Limited Liability Partnerships (LLPs)
  • Association of Persons (AOP)
  • Body of Individuals (BOI)
  • Cooperative Societies
  • Local Authorities

Website:

Purpose:

  • Report business/professional income
  • Claim deductions and exemptions
  • Disclose tax payments and TDS credits
  • Comply with Income Tax Act requirements

 

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