ITR-3 Return Filing

Speed Filings simplifies the complex ITR-3 form filing process, ensuring ease, precision, and a stress-free experience. As a leading online platform specializing in tax and compliance solutions, we guide individuals and Hindu Undivided Families (HUFs) through the intricacies of income tax returns. Whether you have business income or are looking to meet tax obligations, our expert team is here to assist at every step.

Understanding ITR-3 Form: Crucial for those earning from business or a profession, ITR-3 plays a vital role in collecting comprehensive financial information for tax compliance.

Who Should File ITR-3 Form: Individuals or HUFs meeting criteria such as directorship, specific residential status, pension income, house property earnings, investments in unlisted equity shares, or taxable income under ‘Profits and Gains of Business or Profession.’

Not Eligible for ITR-3: Partners earning as partners in a partnership firm engaged in business or profession should file ITR-2.

Due Date for Filing Form ITR 3 (AY 2023-24): Non-audit Cases: July 31, 2023 Audit Cases: October 31, 2023 Stay updated on dates, subject to changes by tax authorities.

Late Filing Penalties for ITR-3 Form: Varies based on filing time, with fees ranging from ₹ 5,000 to ₹ 10,000. Early filing is advised to avoid penalties.

Documents Required: For ITR-3 filing on Speed Filings, prepare PAN, Aadhaar, bank details, Form 16 (if applicable), investment details, and business/professional income books.

Sections of the ITR-3 Form: Structured into six sections covering general information, income details, deductions, taxes paid, TDS/TCS credits, and verification/declaration.

Why Choose Speed Filings for ITR-3 Form Filing? Your ideal partner offering expert guidance, accuracy, timely filing, and secure documentation assistance. Simplifying the process, we ensure your compliance with tax regulations.

How Speed Filings Simplifies Your ITR-3 Filing: Expert guidance, a user-friendly platform, document management, deduction optimization, review and verification, secure filing, timely reminders, and post-filing support.

Let Speed Filings assist you in ITR-3 filing, allowing you to focus on your business and financial well-being. Contact us today for expert assistance, ensuring a smooth filing experience.