ITR-5 Filing Services
Partnership Firms, LLPs & Other Entities
Professional ITR-5 Filing Support
At Thrive Tax Solutions, we provide expert ITR-5 filing services for partnership firms, LLPs, and other eligible entities. We ensure accurate preparation, timely filing, and complete compliance with Income Tax regulations.
Whether your firm has profits, losses, or no business activity, ITR-5 filing is mandatory every year.
📘 What is ITR-5?
ITR-5 is an Income Tax Return form applicable to entities other than individuals and companies. It is used to report income, expenses, partner details, and tax payments of eligible entities.
👤 Who Should File ITR-5?
- Partnership Firm
- Limited Liability Partnership (LLP)
- Association of Persons (AOP)
- Body of Individuals (BOI)
- Co-operative Society
- Local Authority
- Artificial Juridical Person
📅 Due Dates
- Non-Audit: 31 July
- Audit: 30 September
- Transfer Pricing: 30 November
📌 Due dates are subject to extension by the Income Tax Department
⏰ Late Fees & Interest
- Late fee up to ₹5,000
- ₹1,000 if income ≤ ₹5 lakh
- 1% monthly interest (234A)
📂 Documents Required
- PAN of firm / LLP
- Partnership deed / LLP agreement
- Balance Sheet & P&L
- Bank statements
- GST details (if applicable)
📑 Sections Covered
- General entity information
- Partner / member details
- Business or professional income
- Other income
- Deductions & tax computation
- TDS / advance tax
- Verification
🛠 We Service Including – ITR-5
- ITR-5 filing
- NIL return filing
- P&L & balance sheet prep
- Partner remuneration reporting
- GST & ITR reconciliation
- Audit coordination
- Belated & revised filing
- Notice & defective return handling
⭐ Why Choose Thrive?
- Expert firm & LLP taxation
- Accurate reporting
- Timely compliance
- Transparent process
- Dedicated support
Get Expert Help for ITR-5 Filing