ITR-5 Filling

This income tax return is meant for firms, LLPs, AOPs (Association of persons) and BOIs (Body of Individuals), Artificial Juridical Person (AJP), Estate of deceased, Estate of insolvent, Business trust and investment fund. 

Who is eligible to file the ITR-5 Form?

This form can be used by the following persons

• Firm
• Limited Liability Partnership (LLP)
• Association of Persons (AOP)
• Body of Individuals (BOI)
• Artificial juridical person referred to in section 2(31)(vii)
• Estate of deceased
• Estate of insolvent
• Business trust and investment fund
• Cooperative society
• Local authority.

However, a person who is required to file the return of income under section 139(4A) or 139(4B) or 139(4C) or 139(4D) shall not use this form.