THE CBDT HAS RELEASED AN EXCEL OFFLINE UTILITY FOR ITR-5

For the preparation and filing of ITR-5, the Central Board of Direct Taxes (CBDT) has published Excel Offline Utility. The form can be found on the income tax website’s downloading section. The taxpayer can then upload the JSON to the Income-tax website once it has been prepared.
Body of Individuals (BOIs), Limited Liability Partnerships (LLPs), Artificial Juridical Person (AJP), Association of Persons (AOPs), the estate of insolvent, the estate of deceased, investment fund, business trust, local authority, and co-operative society are eligible to file the ITR Form 5 to file their returns. Anyone who falls into one of the aforementioned categories is entitled to file an ITR 5.

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