Quick Summary
The Income Tax Department has released the Excel Utility for ITR-5 for the Assessment Year (AY) 2024-25, streamlining the tax filing process for entities required to submit this form. The utility, now available on the official income tax e-filing portal, caters to firms, Limited Liability Partnerships (LLPs), Association of Persons (AOPs), Body of Individuals (BOIs), artificial juridical persons, cooperative societies, and local authorities.
ITR 5
For persons other than- (i) individual, (ii) HUF, (iii) company and (iv) person filing Form ITR-7
Utility Excel Based (Version 1.0) (14.6 MB)
Date of release of first version of utility: 8th June 2024
FAQ :
The new ITR-5 Excel Utility is for filing Income Tax Returns for the Assessment Year 2024-25.
ITR-5 is for entities such as firms, Limited Liability Partnerships (LLPs), Association of Persons (AOPs), Body of Individuals (BOIs), artificial juridical persons, cooperative societies, and local authorities. It is not for individuals, HUFs, companies, or those filing ITR-7.
The utility is available on the official income tax e-filing portal of the Income Tax Department.
The first version of the utility was released on 8th June 2024.
The Excel-based utility (Version 1.0) has a file size of 14.6 MB.
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