Choose Your Plan
Who is eligible to file the ITR-5 Form?
The following entities can use the ITR-5 Form:
- Firm
- Limited Liability Partnership (LLP)
- Body of Individuals (BOI)
- Association of Persons (AOP)
- Estate of deceased individuals
- Artificial Juridical Person referred to in section 2(31)(vii)
- Business trusts and investment funds
- Estate of insolvent individuals
- Cooperative society
- Local authority
Who is eligible to file the ITR-6 Form?
Private Limited Company can file ITR-6.
Who is NOT eligible to file the ITR-6 Form?
Taxpayers who are not required to file the ITR-6 Form include:
- Individuals
- Hindu Undivided Family (HUF)
- Firms
- Associations of Persons (AOP)
- Bodies of Individuals (BOI)
- Local Authorities
- Artificial Judicial Persons
- Companies that seek exemption under section 11 of Income Tax Act.
Who is eligible to file the ITR-7 Form?
The following entities can use the ITR-5 Form:
The ITR-7 Form applies to individuals receiving income from various sources:
- Section 139(4A): Those with income from property held under trust or legal obligations for charitable or religious purposes.
Section 139(4B): Political parties with income exceeding the non-taxable limit.
Section 139(4C): Organizations such as scientific research associations, hospitals, educational institutions, universities, and news agencies.
Section 139(4D): Colleges and universities are not mandated to file returns otherwise.
Section 139(4E) and Section 139(4F): Business trusts and investment funds with no obligation to file under other provisions.
Any taxpayer who falls under the categories of Trust, Company, Firm, Local Authority, Association of Persons (AOP), or Artificial Judicial Person and claims exemptions as per Section 139(4A), Section 139(4B), Section 139(4C), or Section 139(4D) can utilize the ITR-7 Form for filing Income Tax Returns.