ITR-5 — Filing Guide for Firms, LLPs, AOP & BOI
ITR-5 is the ITR form for: partnership firms (registered / unregistered). No upper limit. Due date: 31 July / 31 Oct (audit) / 30 Nov (TP). Taxpex CAs prepare, review and file ITR-5 entirely on WhatsApp.
- Eligibility cap: No upper limit
- Due date: 31 July / 31 Oct (audit) / 30 Nov (TP)
- Wrong form = 139(9) defective return notice
- E-verification within 30 days is mandatory
- Taxpex filing turnaround: 24–72 hours
Who should file ITR-5
- Partnership firms (registered / unregistered)
- LLPs registered under LLP Act 2008
- AOP / BOI / Local authority
- Estate of deceased / insolvent
- Investment funds & business trusts
Who should NOT file ITR-5
- Individuals / HUFs (ITR-1 to ITR-4)
- Companies (ITR-6)
- Charitable trusts (ITR-7)
Documents required
- Partnership deed / LLP agreement
- Audited P&L + balance sheet
- Tax audit report Form 3CB-3CD (if applicable)
- Bank statements
- GST returns
- TDS returns Q1–Q4
Real-world filing examples
- Surat trading firm ₹6 Cr turnover — ITR-5 with 40(b) remuneration.
- Bengaluru consulting LLP ₹2.4 Cr — ITR-5 with 115JC AMT.
- Mumbai AOP investment club — ITR-5 with member share disclosure.
Common mistakes when filing ITR-5
- Missing Section 40(b) remuneration cap
- Skipping AMT (115JC) for LLPs
- Not filing Form 3CB-3CD tax audit above ₹1 Cr
- Reporting exempt partner share as taxable
- Missing Form 8 / Form 11 with MCA (LLP)
ITR-5 — quick reference
| Item | Detail |
|---|---|
| Form name | ITR-5 |
| Income limit | No upper limit |
| Due date | 31 July / 31 Oct (audit) / 30 Nov (TP) |
| E-verification | Aadhaar OTP / net-banking / DSC — within 30 days |
| Belated filing | By 31 December of AY under Section 139(4) |
| Revision | Unlimited until 31 December of AY under Section 139(5) |
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Frequently asked questions
Frequently asked questions
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Related reading
- Which ITR Form Should You File in 2025? Complete Guide (ITR-1 to ITR-4)
- ITR Filing Last Date FY 2024-25 (AY 2025-26) — Complete Guide
- ITR Filing for Freelancers in India — Complete 2025 Guide
- ITR-1, ITR-2, ITR-3, ITR-4 — Which Form Do You Actually Need to File?
- Which ITR Form Should You File in 2026? (ITR-1 to ITR-7 Explained)
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