GMH Associates

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ITR-5 Form Filing Online

Experience seamless, accurate and compliant ITR-5 filing with GMH & Associates — tailored for firms, AOPs, BOIs, trusts and all non-corporate entities.

 

✅ Best suited for firms, AOPs, BOIs, societies & private trusts
✅ Covers business, professional, rental, capital gains & other income
✅ Optimized tax filing with maximum deductions
✅ Secure, hassle-free & audit-ready compliance
✅ End-to-end ITR-5 assistance from experts

Free Consultation

    Overview

    ITR-5 is designed for entities with multiple income sources such as firms, AOPs, BOIs, trusts, societies, business trusts, and investment funds.

    With ITR-5, your entity can report:

    ✅ Business & professional income
    ✅ Salary income (received by entity)
    ✅ More than one house property
    ✅ Capital gains
    ✅ Other income streams
    ✅ Deductions, depreciation & exemptions

    Filing ITR-5 ensures:

    ✅ Legal compliance under the Income Tax Act, 1961
    ✅ Accurate reporting for audits
    ✅ Smooth refund processing
    ✅ Stronger financial credibility

    Who Can File ITR-5?

    Eligible:

    ✅ Partnership firms (excluding LLPs)
    ✅ AOPs (Association of Persons)
    ✅ BOIs (Body of Individuals)
    ✅ Societies & co-operative societies
    ✅ Trusts (non-charitable / private trusts)
    ✅ Business trusts
    ✅ Investment funds

    Not Eligible:

    ❌ Individuals & HUFs (file ITR-1 to ITR-4)
    ❌ Companies (file ITR-6)
    ❌ Charitable institutions & political parties (file ITR-7)
    ❌ Entities with only foreign income under special provisions

    Documents Required

    ✅ PAN of entity & partners/members
    ✅ Aadhaar of key persons
    ✅ Partnership deed / trust deed / registration certificate
    ✅ Profit & Loss Account
    ✅ Balance Sheet
    ✅ Audited financials (if applicable)
    ✅ Bank statements & investment proofs
    ✅ Form 26AS, AIS, TDS certificates
    ✅ Rent agreement & receipts
    ✅ Donation receipts (80G)
    ✅ Loan interest certificates

    Our experts at GMH & Associates will guide you through each step, ensuring your documentation is accurate and compliant.

    Registration Process

    Step-by-Step ITR-5 Filing Process

    StepActionDetails
    Step 1Login to IT Portalwww.incometax.gov.in → PAN login
    Step 2Select ITR-5Choose relevant AY
    Step 3Enter General InfoEntity PAN, address, constitution, nature
    Step 4Report IncomeBusiness, salary, rental, capital gains
    Step 5Claim Deductions80C, 80D, 80E, 80G, 24(b), etc.
    Step 6Compute TaxAuto-calculated by portal
    Step 7Pay Tax DueNet banking / debit card / challan
    Step 8Submit & VerifyAadhaar OTP / NetBanking / EVC / ITR-V
    Step 9Track RefundCheck status under “My Account”

     

    GMH & Associates handles end-to-end filing and coordination with government portals — ensuring quick and accurate registration.

    Common Mistakes to Avoid

    ❌ Selecting the wrong ITR form (e.g., ITR-6, ITR-7)
    ❌ Incomplete income disclosure
    ❌ Errors in balance sheet & depreciation
    ❌ Claiming deductions without proof
    ❌ Filing but not verifying (return remains invalid)
    ❌ Missing audit applicability under Section 44AB

    💼 Avoid these costly mistakes — GMH & Associates ensures 100% compliance from day one.

    Why Choose GMH & Associates?

    Why Businesses Choose Us

    ⭐ Experts in complex firm, trust & AOP tax structures
    ⭐ Tailored advisory for each entity type
    ⭐ Timely filing to avoid penalties & delays
    ⭐ End-to-end documentation, tax computation & e-verification
    ⭐ Transparent pricing — no hidden fees
    ⭐ Reliable, accurate & audit-ready return filing

    We don’t just register your business — we help you build a compliant foundation for growth.

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    Let's Talk Now.

    If you need immediate assistance, please call:

    PHONE CALL

    Share a few details with us, and one of our compliance specialists will get in touch shortly.
    We’ll guide you through the entire process — from selecting the right business structure to completing registrations and filings — free of charge.

    Ask Questions

    Frequently asked questions

    Who should file ITR-5?

    Partnership firms, AOPs, BOIs, societies, trusts & non-corporate entities.

    Business, profession, salary, house property, capital gains & other income.

    July 31 (non-audit) / October 31 (audit cases).

    Yes, if turnover crosses prescribed limits or specific conditions apply.

    The return becomes invalid & refund (if any) gets delayed.

    Yes — full support from documentation to accurate filing & verification.