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ITR-3 Return Filing Services in Delhi

Expert tax filing for business owners, professionals, and consultants. Accurate, compliant, and timely ITR-3 returns.

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What is ITR-3 Return?

The ITR-3 Return form is designed for individuals and Hindu Undivided Families (HUFs) who derive income from a proprietary business or profession. This includes income from trade, commerce, manufacturing, or professional services (like doctors, lawyers, architects, etc.), in addition to income from salary, house property, or capital gains.

At Taxcrafted Solutions, we provide professional and comprehensive ITR-3 return services in Delhi. We ensure your business income is accurately assessed, all eligible business expenses are claimed, and your tax return is filed seamlessly to avoid any scrutiny.

Who Can File?

  • Individuals & HUFs with Business Income
  • Professionals (Doctors, CAs, etc.)
  • Partner in a Firm (Reporting Share/Salary)
  • Freelancers with High Turnover
  • Intraday Trading Income

Who Cannot File?

  • Companies (Use ITR-6)
  • Partnership Firms (Use ITR-5)
  • Those filing under Presumptive Scheme (ITR-4)
  • Trusts (Use ITR-7)

Documents Required

Ensure a smooth filing process with the right documents.

Basic & Income

  • PAN & Aadhaar Card
  • Form 16 (if Salary income exists)
  • Bank Statements/Passbook
  • Form 26AS & AIS

Business/Profession

  • Balance Sheet & P&L Account
  • Audit Reports (if applicable)
  • GST Returns Filed
  • Expense Vouchers/Bills

Other Income

  • Capital Gains Statements
  • Rent Receipts (Rental Income)
  • Interest Certificates
  • Dividend Statements

Why Choose Taxcrafted Solutions?

Your partner in business tax compliance.

Expertise

Our team specializes in handling complex business returns, ensuring every allowable expense is claimed to minimize tax liability legally.

Timely Filing

We ensure your ITR-3 is filed well before the deadline, helping you avoid penalties (Section 234F) and interest (Section 234A/B/C).

Simplify Your Business Tax Filing

Let our experts handle your ITR-3 while you focus on growing your business.

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Frequently Asked Questions

Common queries about ITR-3 Filing.

Who is required to file ITR-3?
ITR-3 is for individuals and HUFs having income from Profits and Gains of Business or Profession. This includes business owners, freelancers, and professionals (doctors, lawyers, CAs) who do not opt for presumptive taxation.
Do I need to file ITR-3 for Intraday or F&O Trading?
Yes, income from Intraday Trading is considered speculative business income, and income from Futures & Options (F&O) is treated as non-speculative business income. Therefore, you must file ITR-3 to report these earnings or losses.
Can a salaried person with business income file ITR-3?
Yes, if a salaried individual also has income from a business or profession (e.g., a side consultancy or trading business), they must file ITR-3, as ITR-1 and ITR-2 do not cover business income.
Is maintaining books of accounts mandatory for ITR-3?
If you are filing ITR-3, you generally need to maintain regular books of accounts (Balance Sheet, P&L) if your income/turnover exceeds specified limits. If you are opting out of the presumptive scheme, audit may also be applicable.
What is the difference between ITR-3 and ITR-4?
ITR-4 is for those opting for the Presumptive Taxation Scheme (declaring flat % profit on turnover). ITR-3 is for those who need to declare actual profit/loss based on detailed books of accounts or are ineligible for ITR-4 (e.g., turnover > ₹2 Cr).
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