The Classic Partners LLP
ITR-3 Return Filing
ITR-3 filing for individuals and HUFs with income from business or profession. We prepare your accounts, compute profit, coordinate audit if needed, and file accurately.
File ITR-3What is ITR-3?
ITR-3 is for individuals and HUFs who earn income from a proprietary business or profession, in addition to any salary, house property, capital gains, or other income.
It is the form for proprietors, professionals, traders, and consultants maintaining regular books. We compute business income, claim allowable expenses, coordinate tax audit where required, and file ITR-3 correctly.
Who Should File?
- Proprietors running a business.
- Professionals such as doctors, lawyers, and consultants.
- Individuals with both business income and other income.
- Partners earning remuneration or interest from a firm.
What We Handle
Business Income
Profit computation after allowable expenses.
Books & Records
Help maintaining compliant accounts.
Tax Audit Coordination
Audit and filing where turnover requires it.
Other Income Heads
Adding salary, property, and capital gains.
Advance Tax
Estimating and planning advance tax.
E-Filing & Verification
Filing and e-verifying ITR-3.
Why Choose The Classic Partners
- Qualified Chartered Accountants who pick the right form and file accurately.
- Maximum lawful savings — every eligible deduction and exemption claimed.
- Notice & scrutiny support if the department raises a query.
- Transparent fees and a single point of contact for your filing.
Frequently Asked Questions
Who is required to file ITR-3?
Individuals and HUFs with income from a proprietary business or profession file ITR-3, including those who also have salary, house property, or capital gains income.
What is the difference between ITR-3 and ITR-4?
ITR-3 is for regular business or professional income with full accounts, while ITR-4 is for those opting for the presumptive taxation scheme with simplified reporting.
Does ITR-3 require a tax audit?
A tax audit is required when turnover or receipts cross the prescribed limits. We assess applicability and handle the audit along with the return.
Can a partner in a firm file ITR-3?
Yes. A partner receiving remuneration, interest, or share of profit from a firm reports it in ITR-3.
What expenses can I claim in ITR-3?
Genuine business or professional expenses incurred to earn income, such as rent, salaries, and supplies, are deductible when properly recorded and supported.
Need to file ITR-3?
Get business and professional income filed accurately, with audit support if needed.
Contact Us