FeesRs.699 onwards
Time Required1 to 2 days
Ideal for:
This is the complete Return Form for individual or a Hindu Undivided Family. Persons filing ITR 1 or ITR2 can also file ITR3 provided they have proprietorship business or profession in addition to income from salary, income from other sources and income from capital gain.
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(AY 2017-2018)
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Who can audit their accounts
Audit of proprietary business and profession has been done below the category matched:
- A person carrying on business, if his total sales, turnover or gross receipts in business for the year exceed or exceeds Rs. 2 crore.
- A person carrying on profession, if his gross receipts in profession for the year exceed Rs. 50 Lakhs.
An assessee fills the form who has
- Salary Income
- Having two or more House Property
- Income from other sources (including from Lottery, bets on race horses and other legal means of gambling)
- Capital Gain (Long term capital gain and short term capital gain)
- Business or profession
- Foreign assets
- Agricultural income.
Requirements of Filing
- Business related accounts
- Documents of House Building Loan
- Interest Certificate
- Aadhar Card
- Disclosure of Bank accounts
- Disclosure of unexplained income and dividend income
- Declaration of assets and Liabilities by Individuals or HUF earning above Rs. 50 Lakhs
- Details of purchase and sale of shares
- Details of cash deposited are to be provided, if the aggregate amount of cash deposited during 09.11.2016 to 30.12.2016 is Rs.2 Lakhs or more.