Chartered Accountants in India, working with clients across the UK

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ITR-5 Return Filing
Income Tax · ITR-5

ITR-5 for firmsand LLPs.

ITR-5 is the return for partnership firms, LLPs, associations of persons and similar entities. LLPs are a popular structure for UK founders and businesses in India. We prepare the accounts, carry out the tax audit where needed, handle transfer pricing for foreign partners and file ITR-5.

File our ITR-5
Accounts and auditFees agreed in writingLLP compliance too
WhoFirms, LLPs, AOPs, BOIs
Tax rate30% plus surcharge and cess
Due date31 August, or 31 October with audit
UK partnersTransfer pricing may apply

Who files ITR-5.

Firms

Partnership firms

Registered or unregistered partnership firms.

LLPs

Limited liability partnerships

Including LLPs with UK or other foreign partners. See LLP Compliance.

Groups

AOPs and BOIs

Associations of persons and bodies of individuals.

Others

Estates and similar

Estates of deceased persons, business trusts and others.

Tax rules for firms and LLPs.

  • Tax rateFirms and LLPs pay tax at 30%, plus surcharge and cess.
  • Partner remunerationDeductible within limits, if allowed by the partnership deed.
  • Interest to partnersDeductible up to the permitted rate.
  • Profit shareTax-free for partners, as the firm has paid the tax.
  • Tax auditAbove the turnover limits. See Tax Audit.
  • Transfer pricingFor transactions with foreign associated parties.

Due dates.

CaseDue date
No audit31 August
Audit required31 October
Transfer pricing case30 November

LLPs also file annual forms with the MCA. See LLP Form 11 Filing.

Why UK companies choose us in India.

We speak UK and India

We work with your UK finance team, lawyers and auditors, and translate Indian requirements into plain English.

Reviewed before filing

Every filing and certificate is checked by a second Chartered Accountant before it goes in.

Fees agreed in writing

A written scope, timetable and fee before work starts.

A compliance calendar

One calendar of every MCA, RBI, GST and income-tax deadline for your Indian entity.

One team end to end

Set-up, accounts, payroll, tax, audit and RBI filings handled together.

Secure and fully online

Encrypted document sharing and digital signatures. Directors never need to travel.

ITR-5 filing for UK-linked firms and LLPs.

We prepare and file Indian income tax returns for NRIs, returning Indians and UK businesses with Indian entities, wherever they are in the UK. Everything is done online.

London

City of LondonCanary WharfHarrowWembleySouthallHounslowIlfordEast HamCroydonEdgware

South East

ReadingSloughMilton KeynesOxfordWatfordLutonCrawleyGuildford

Midlands

BirminghamLeicesterCoventryNottinghamWolverhamptonDerbyNorthampton

North of England

ManchesterLeedsBradfordSheffieldLiverpoolNewcastlePreston

East and South West

CambridgePeterboroughBristolSwindonSouthamptonBath

Scotland, Wales, NI

EdinburghGlasgowAberdeenDundeeCardiffSwanseaBelfast

ITR-5 FAQs.

Partnership firms, LLPs, associations of persons, bodies of individuals and certain other entities.
30%, plus surcharge and cess.
Yes, subject to FDI rules, and at least one designated partner must be resident in India.
31 August without an audit, 31 October with an audit, and 30 November in transfer pricing cases.

Have an Indian firm or LLP?

We will prepare the accounts and audit, and file ITR-5 on time.

File our ITR-5+91 9819 000 511

This page is general guidance based on the Income-tax Act, 2025 and the rules and return forms as they stand. It is not legal or financial advice for your situation. Forms, eligibility and due dates can change each year, so please check with us before filing.