ITR filings


Form ITR 3:

The ITR 3 form has been specifically prescribed for individuals and HUFs having income from business or profession. This form cannot be used by any taxpayer other than individuals or HUFs (like companies, partnership firms, etc.) having income from business or profession.

Eligible Assesses for the ITR-3 Form:

The eligibility criteria of every Income Tax Return form are governed by a set of rules and conditions. The ITR-3 Form is applicable only to those Individuals and Hindu Undivided Families that can be placed under the following categories

·Is a Partner in a firm

·Gains Income through ‘Profits or gains of business or profession’

·Gains Income by means of interest, salary, bonus,commission,remuneration, as a partner

If the partner of a firm only earns income from the firm as a share in the profits and not by any other means such as interest, bonus, salary, remuneration, or commission etc. then such an Individual or Hindu Undivided Familyshould file Income Tax Returns using only the ITR-3 Form, and not the ITR-2 Form.

Documents for filing returns:

  • Aadhar
  • PAN
  • Name of the person
  • Source of Income
  • Details of gain/loss of income
  • Abstract of bank statements
  • Proof of investments and Form 16 (Salary certificate issued by the employer)
  • Form 16A / TDS certificate
  • Challan of tax payment made like advance tax or self-assessment tax
  • Proof of investments in property
  • Documents on purchase and sale of investments/assets
  • Collect the TDS certificate and
  • Collect home loan certificate


First, log on to IncomeTaxIndiaeFiling.gov.in And register on the website.

Your Permanent Account Number (PAN) is your user ID.

View your tax credit statement or Form 26AS. The TDS as per your Form

16 must tally with the figures in Form 26AS.

Click on the income tax return forms and choose the financial year.

Download the ITR form applicable to you.

Open excel utility (the downloaded return preparation software) and fill out

the form by entering all details using your Form 16.

Check the tax payable amount by clicking the 'calculate tax' tab.

Pay tax (if applicable) and fill in the challan details. Confirm all the data

provided in the worksheet by clicking the 'validate' tab.

Generate an XML file and save it on your desktop.

Go to 'upload return' on the portal's panel and upload the saved XML file.

A pop-up will be displayed asking you to digitally sign the file.

In case you have obtained a digital signature, select 'Yes'. If you have not

got digital signature, choose 'No'.

The acknowledgment form, ITR Verification (ITR-V) will be generated

which can be downloaded by you.

Take a printout of the form ITR-V and sign it in blue ink. Send the form by

ordinary or speed post to the Income-Tax Department-CPC.