ITR-3 - New online, offline & Excel Utilities | Step by Step Guide to File Income Tax Return (ITR 3) discussed by CA. Satuti Mahajan.
Who needs to file ITR 3?
• ITR-3 is specifically for individuals or Hindu Undivided Families (HUFs) with income from business or profession. This includes:
• Individuals earning income under the head "Profits and gains of business or profession."
• Those receiving various income streams like interest, salary, bonus, commission, or remuneration from a partnership firm.
• Important Note: ITR-3 is only for individuals or HUFs with business or professional income.
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