Tax & Accounting

Form ITR 5 (Partnership/LLP)

File ITR-5 online with a Chartered Accountant — income review, deductions, tax regime choice and e-verification handled for you.

  • Timeline3–5 working days.
  • Starting at₹1,999 + GST & Govt. fees applicable
  • Documents9 items — shared securely online

About Form ITR 5 (Partnership/LLP)

ITR-5 is the income tax return used by partnership firms, LLPs, associations of persons, bodies of individuals, co-operative societies and other entities that are not individuals, HUFs or companies. Choosing the right form and reporting every income source correctly avoids defective-return notices and delays in refunds.

NewStarts reviews your documents, reconciles AIS and Form 26AS, compares the old and new tax regimes where relevant, and files ITR-5 on the e-filing portal. We also complete e-verification and track your refund.

What is Form ITR 5 (Partnership/LLP)?

ITR-5 is the income tax return form notified by the Central Board of Direct Taxes for partnership firms, LLPs, associations of persons, bodies of individuals, co-operative societies and other entities that are not individuals, HUFs or companies, filed electronically on the Income Tax e-filing portal. Returns for income earned up to 31 March 2026 (AY 2026-27) are filed under the Income-tax Act, 1961. Income from 1 April 2026 falls under the Income-tax Act, 2025, which uses the term 'tax year'.

Income tax forms with a pen 100% online, no office visit
Authority / portal
Income Tax Department, CBDT — Income Tax e-filing portal (incometax.gov.in)
Timeline
3–5 working days.
Starting price
₹1,999
Mode
100% online — no office visit needed

Who needs Form ITR 5 (Partnership/LLP)?

Situations where this service is required or strongly recommended.

Partnership firms

Registered and unregistered firms.

LLPs

All limited liability partnerships.

AOPs and BOIs

Associations and bodies of individuals.

Co-operative societies

Other than those required to file ITR-7.

Eligibility

Basic conditions to qualify for Form ITR 5 (Partnership/LLP).

  • Entity PAN

    The firm or LLP's own PAN.

  • Financial statements

    Balance sheet and profit and loss account.

  • Audit report where applicable

    Tax audit or LLP statutory audit.

  • DSC or EVC

    DSC is mandatory where audit applies.

Benefits of Form ITR 5 (Partnership/LLP)

What you gain once it is done right.

Avoid late fees

Filing on time avoids fees and interest.

Faster refunds

Accurate returns are processed and refunded sooner.

Proof of income

ITR acknowledgements are accepted for loans and visas.

Carry forward losses

Available only when filing by the due date.

Right tax regime

We compare regimes to reduce your tax legally.

Fewer notices

Reconciled returns reduce mismatch notices.

Which ITR form applies?

Choose the form that matches your income sources.

ITR-1 (Sahaj)

Resident individuals with income up to ₹50 lakh from salary, one house property, other sources and limited long-term capital gains.

ITR-2

Individuals and HUFs without business income, including capital gains, foreign assets or directorships.

ITR-3

Individuals and HUFs with business or professional income under regular books.

ITR-4 (Sugam)

Residents, HUFs and firms (not LLPs) with presumptive income up to ₹50 lakh.

ITR-5

Firms, LLPs, AOPs, BOIs and other entities.

ITR-6

Companies other than those claiming exemption as charitable institutions.

Documents required

Keep these ready. We share an exact checklist for your specific case and collect everything through a secure online link.

Get this checklist on WhatsApp
  • PAN Card of the Firm / LLP

    PAN of the partnership firm or LLP filing the return.

  • Partnership Deed / LLP Agreement

    Current deed or LLP agreement (with amendments), showing profit-sharing ratio and partner remuneration terms.

  • Financial Statements

    Profit & Loss account and balance sheet for the year, or the books of accounts so we can prepare them.

  • Bank Statements (All Accounts)

    Statements of every firm / LLP bank account for the financial year.

  • Partners' PAN & Remuneration Details

    PAN of each partner and the interest / remuneration paid to them during the year.

  • GST Registration & Returns (if registered)

    GST certificate and return summaries, so turnover reconciles with the ITR.

  • Form 26AS / AIS

    Annual Information Statement (AIS) and Form 26AS from the income tax portal showing the TDS and income reported against your PAN.

  • Tax Audit Report (if applicable)

    Form 3CB-3CD tax audit report, where the firm's turnover requires an audit.

  • Digital Signature Certificate (if audit applies)

    DSC of a designated partner or authorised signatory, needed to verify the return where accounts are audited.

Step-by-step process

How NewStarts takes Form ITR 5 (Partnership/LLP) from first call to final delivery.

Estimated completion3–5 working days.Government processing time may vary based on department workload.
  1. 01

    Share documents

    Upload Form 16, bank statements and other proofs through a secure link.

  2. 02

    Income review and AIS match

    We reconcile income with AIS, TIS and Form 26AS.

  3. 03

    Tax computation

    Deductions, exemptions and regime choice are applied.

  4. 04

    Draft for approval

    You review the computation before filing.

  5. 05

    File ITR-5

    The return is filed on the e-filing portal.

  6. 06

    E-verification and tracking

    We e-verify and track processing and refund.

NewStarts Form ITR 5 (Partnership/LLP) service

What is included when you engage NewStarts.

Free eligibility check

A specialist reviews your facts and confirms the right route and package for Form ITR 5 (Partnership/LLP) before you pay anything.

Document checklist & review

You receive an exact checklist and upload through a secure link. We verify every document to avoid rejections.

Drafting & filing

We prepare every form, declaration and annexure for Form ITR 5 (Partnership/LLP) and file on the correct government portal.

Query & objection handling

Any departmental query or clarification is answered by our team, with corrected filings where needed.

Delivery & hand-over

Certificates and approvals are shared digitally, with a plain-language note on your next compliance steps.

Post-service support

Reminders, renewals and related filings can be handled by the same NewStarts relationship manager.

Transparent pricing

No hidden charges. Choose the package that fits — upgrade anytime.

Basic

₹1,999

+ GST & Govt. fees applicable

For straightforward, single-entity cases

  • Complete documentation support
  • Application filing
  • Email & WhatsApp support
  • Standard processing timeline
Choose Basic
Priority support

Premium

₹4,999

+ GST & Govt. fees applicable

End-to-end support with ongoing assistance

  • Everything in Basic
  • Dedicated relationship manager
  • Query & rejection handling
  • Priority processing
  • Phone support
  • Expert consultation call
  • Fastest possible turnaround
  • 1 year post-service support
  • Dedicated account manager
Choose Premium

Form ITR 5 (Partnership/LLP) FAQs

Have questions? We have answers.

Can’t find your answer? Ask the assistant, or speak to our team.

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Firms, LLPs, AOPs, BOIs, co-operative societies and similar entities.

Yes, where the accounts are audited; otherwise EVC is allowed.

Yes. Partners file their own returns, reporting salary and interest from the firm.

31 July 2026 without audit, or 31 October 2026 with audit, for AY 2026-27.

Yes. LLPs need a statutory audit above set limits, apart from any tax audit.

3 to 5 working days.

Yes. Document collection, e-signing and filing are completed online, so you do not need to visit any office. Where a physical step is unavoidable, we tell you upfront.

NewStarts professional fees, GST and government fees are shown separately. Government fees are paid at actuals and confirmed with you before filing.

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