ITR-3 Return
ITR-3 is a tax return form for individuals and Hindu Undivided Families (HUFs) in India who earn income from a business or profession. It is designed for those who have income from self-employment, partnerships, or freelance work, in addition to other sources such as salaries or rental income. The form includes sections for detailed reporting of business income, expenses, and deductions. ITR-3 is more comprehensive than ITR-1 or ITR-2, catering to those with complex financial situations. It must be filed annually, and e-filing is available on the official tax portal for ease and accuracy in fulfilling tax obligations.
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