Earendil Business Services | ITR-5 Registration

ITR 5 income tax return filing

Our taxation services are the right fit for you Form ITR 5 is the income tax return filing 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.

Why register with Earendil

  • Our Chartered Accountant will be guiding you through the process. He/she will be your single point of contact for registration assistance and for all other services that we offer.
  • Our motto is “You only do what you do best; to us, leave the rest”. We assure that once we start our relationship, you wouldn’t have to think about the areas which we handle.
  • We ensure that we structure your income for filing to ensure that you save tax.
  • Quick and simple process with tax planning for the next year complimentary.

Who is eligible to file ITR 5

The following are eligible for filing Form ITR-5:
  • 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.
  • Society registered under Societies Registration Act, 1860 or under any State law trust (except trusts eligible for filing Form ITR-7).
  • Estate of Deceased person.
  • Estate of an insolvent.
  • Business Trust referred to in Section 139(4E).
  • Investment Fund referred to in Section 139(4F).
  • A person who is required to file return of income under Section 139(4A) or 139(4B) or 139(4D) cannot use Form ITR 5 for filing return.

Who is ineligible to file ITR 5

  • Form ITR 5 cannot be filed by individual taxpayers, HUF, Company, Persons who have to file tax return in Form ITR-7, i.e., under Sections 139(4A), 139(4B), 139(4C), 139(4D), 139(4E) or 139(4F) of the Income Tax Act, 1961.
  • The above list is indicative. Our Chartered Accountant will guide you towards your Income Tax Returns filing.