New Delhi, Aug. 9 -- The Income Tax Department has released the online and offline utilities for filing ITR-5 for assessment year (AY) 2026-27. The online utility was made available on 5 August, while the latest version of the offline utility was released on 7 August.

ITR-5 is applicable to persons other than individuals, HUFs, companies and those required to file Form ITR-7. The form is primarily used by entities such as firms, limited liability partnerships (LLPs), associations of persons (AOPs), bodies of individuals (BOIs), cooperative societies and certain trusts.

The ITR-5 form can be used by the following taxpayers:

However, certain trusts, political parties, institutions and colleges that are required to file returns under sect...