ITR 3 Filling

🧾 Expert Assistance for ITR 3 Form Filing in India

India Fills is your trusted partner for seamless and stress-free ITR-3 form filing in India. Whether you’re an individual with business income or part of a Hindu Undivided Family (HUF), our expert team ensures that your tax filing process is accurate, compliant, and hassle-free.

📄 What is ITR 3 Form?

The ITR 3 Form is specifically meant for individuals and HUFs who earn income from:

• Business
• Profession

This form plays a crucial role in reporting financial details to the Income Tax Department and ensuring tax compliance under the Income Tax Act, 1961.

👤 Who Should File ITR 3?

You are eligible to file ITR-3 if you’re an individual or HUF and your income includes any of the following:

• 🧑‍💼 Director in a company
• 🏠 Income from one or more house properties
• 🏥 Pension income
• 📈 Capital gains (short-term or long-term)
• 💼 Business or profession income under a proprietorship
• 💹 Investments in unlisted equity shares
• 🌍 Foreign income or ownership of foreign assets
• 🎰 Income from lotteries, race betting, or other legal gambling

This makes ITR-3 applicable to a wide range of taxpayers, including freelancers, consultants, and business owners.

🚫 Who is Not Eligible for ITR 3?

You cannot file ITR-3 if:

• You are a partner in a partnership firm earning income through the firm (use ITR-2 instead).
• Your only sources of income fall under salaries, house property, or other sources (use ITR-1 or ITR-2 as applicable).

🗓️ Due Dates for ITR 3 Filing

Applicable for Assessment Year 2023–24. Dates are subject to changes/notifications by the Income Tax Department.

⚠️ Late Filing Penalties

• 📅 Filed after Due Date but before 31st Dec – ₹5,000 penalty
• 📅 Filed after 31st Dec – ₹10,000 penalty
• 💰 If total income is below ₹5 lakhs – maximum penalty is ₹1,000

Avoid penalties by filing on time with India Fills.

📑 Documents Required for ITR 3 Filing

Make sure to keep the following documents ready before filing:

• 🆔 PAN Card & Aadhaar Card
• 🏦 Bank account details (with IFSC)
• 📜 Form 16 (if applicable)
• 📚 Books of accounts (for business/profession)
• 💼 Details of investments
• 🧾 TDS certificates and Form 26AS
• 🌐 Details of foreign assets/income (if applicable)

🧩 Structure of the ITR 3 Form

The ITR-3 Form is divided into several sections:

🔹 Part A: General Information

• Name, PAN, Aadhaar, Address, DOB, Assessment Year, Filing status, etc.

🔹 Part B: Income Details

• Includes salaries, pensions, capital gains, business income, etc.

🔹 Deductions & Tax Paid

• Claim deductions under applicable sections and report prepaid taxes (advance tax, self-assessment tax)

🔹 TDS/TCS Credits

• Report all tax deducted/collected at source

🔹 Verification & Declaration

• Submit the verification using digital signature or send the signed ITR-V to CPC, Bengaluru

💡 How India Fills Makes ITR 3 Filing Effortless

Choosing India Fills for your ITR-3 filing ensures:

✅ Expert Guidance

Our tax experts guide you at every step to ensure error-free filing.

🧾 Accurate Tax Reporting

We help maximize deductions and ensure correct calculation of tax liability.

💻 User-Friendly Platform

File your return online from anywhere — no queues, no paperwork.

📅 Timely Filing & Reminders

Never miss a deadline. We keep you informed and updated.

🔐 Secure Filing

Your data is protected using end-to-end encryption and secure protocols.

📞 Get in Touch with India Fills Today!

Let India Fills handle your ITR-3 filing while you focus on growing your business. From documentation to filing and follow-up — we do it all.

👉 Contact us today for smooth, reliable, and professional tax return filing services!