Tax & Accounting

Form ITR 3 (Proprietor/Other)

File ITR-3 online with a Chartered Accountant — income review, deductions, tax regime choice and e-verification handled for you.

  • Timeline2–5 working days.
  • Starting at₹1,999 + GST & Govt. fees applicable
  • Documents8 items — shared securely online

About Form ITR 3 (Proprietor/Other)

ITR-3 is the income tax return used by individuals and HUFs who have income from business or profession maintained under regular books of accounts, including proprietors, professionals and partners of firms. Choosing the right form and reporting every income source correctly avoids defective-return notices and delays in refunds.

NewStarts reviews your documents, reconciles AIS and Form 26AS, compares the old and new tax regimes where relevant, and files ITR-3 on the e-filing portal. We also complete e-verification and track your refund.

What is Form ITR 3 (Proprietor/Other)?

ITR-3 is the income tax return form notified by the Central Board of Direct Taxes for individuals and HUFs who have income from business or profession maintained under regular books of accounts, including proprietors, professionals and partners of firms, filed electronically on the Income Tax e-filing portal. Returns for income earned up to 31 March 2026 (AY 2026-27) are filed under the Income-tax Act, 1961. Income from 1 April 2026 falls under the Income-tax Act, 2025, which uses the term 'tax year'.

Income tax forms with a pen 100% online, no office visit
Authority / portal
Income Tax Department, CBDT — Income Tax e-filing portal (incometax.gov.in)
Timeline
2–5 working days.
Starting price
₹1,999
Mode
100% online — no office visit needed

Who needs Form ITR 3 (Proprietor/Other)?

Situations where this service is required or strongly recommended.

Proprietors

Running a business under regular books.

Professionals

Doctors, lawyers, CAs and consultants not using presumptive tax.

Partners of firms

Receiving salary, interest or profit share.

Traders in F&O or intraday

Treated as business income.

Eligibility

Basic conditions to qualify for Form ITR 3 (Proprietor/Other).

  • Individual or HUF

    With business or professional income.

  • Books of accounts

    Profit and loss and balance sheet details.

  • Tax audit report where applicable

    If turnover crosses audit limits.

  • GST and TDS data

    For reconciliation.

Benefits of Form ITR 3 (Proprietor/Other)

What you gain once it is done right.

Avoid late fees

Filing on time avoids fees and interest.

Faster refunds

Accurate returns are processed and refunded sooner.

Proof of income

ITR acknowledgements are accepted for loans and visas.

Carry forward losses

Available only when filing by the due date.

Right tax regime

We compare regimes to reduce your tax legally.

Fewer notices

Reconciled returns reduce mismatch notices.

Which ITR form applies?

Choose the form that matches your income sources.

ITR-1 (Sahaj)

Resident individuals with income up to ₹50 lakh from salary, one house property, other sources and limited long-term capital gains.

ITR-2

Individuals and HUFs without business income, including capital gains, foreign assets or directorships.

ITR-3

Individuals and HUFs with business or professional income under regular books.

ITR-4 (Sugam)

Residents, HUFs and firms (not LLPs) with presumptive income up to ₹50 lakh.

ITR-5

Firms, LLPs, AOPs, BOIs and other entities.

ITR-6

Companies other than those claiming exemption as charitable institutions.

Documents required

Keep these ready. We share an exact checklist for your specific case and collect everything through a secure online link.

Get this checklist on WhatsApp
  • PAN Card

    PAN of the proprietor / individual carrying on business or profession.

  • Aadhaar Card

    Aadhaar linked with your PAN, needed for e-verification of the return.

  • Profit & Loss Account and Balance Sheet

    Financial statements for the year, or your books of accounts so we can prepare them.

  • Bank Statements (All Accounts)

    Statements of every business and personal bank account for the financial year.

  • Sales & Purchase Invoices

    Sales and purchase invoices and expense records supporting your income and expenses.

  • GST Registration & Returns (if registered)

    GST certificate and GSTR-1 / GSTR-3B summaries — turnover must reconcile with the ITR.

  • Form 26AS / AIS

    Annual Information Statement (AIS) and Form 26AS from the income tax portal showing the TDS and income reported against your PAN.

  • Tax Audit Report (if applicable)

    Form 3CB-3CD tax audit report, where your turnover requires an audit.

Step-by-step process

How NewStarts takes Form ITR 3 (Proprietor/Other) from first call to final delivery.

Estimated completion2–5 working days.Government processing time may vary based on department workload.
  1. 01

    Share documents

    Upload Form 16, bank statements and other proofs through a secure link.

  2. 02

    Income review and AIS match

    We reconcile income with AIS, TIS and Form 26AS.

  3. 03

    Tax computation

    Deductions, exemptions and regime choice are applied.

  4. 04

    Draft for approval

    You review the computation before filing.

  5. 05

    File ITR-3

    The return is filed on the e-filing portal.

  6. 06

    E-verification and tracking

    We e-verify and track processing and refund.

NewStarts Form ITR 3 (Proprietor/Other) service

What is included when you engage NewStarts.

Free eligibility check

A specialist reviews your facts and confirms the right route and package for Form ITR 3 (Proprietor/Other) before you pay anything.

Document checklist & review

You receive an exact checklist and upload through a secure link. We verify every document to avoid rejections.

Drafting & filing

We prepare every form, declaration and annexure for Form ITR 3 (Proprietor/Other) and file on the correct government portal.

Query & objection handling

Any departmental query or clarification is answered by our team, with corrected filings where needed.

Delivery & hand-over

Certificates and approvals are shared digitally, with a plain-language note on your next compliance steps.

Post-service support

Reminders, renewals and related filings can be handled by the same NewStarts relationship manager.

Transparent pricing

No hidden charges. Choose the package that fits — upgrade anytime.

Basic

₹1,999

+ GST & Govt. fees applicable

For straightforward, single-entity cases

  • Complete documentation support
  • Application filing
  • Email & WhatsApp support
  • Standard processing timeline
Choose Basic
Priority support

Premium

₹4,999

+ GST & Govt. fees applicable

End-to-end support with ongoing assistance

  • Everything in Basic
  • Dedicated relationship manager
  • Query & rejection handling
  • Priority processing
  • Phone support
  • Expert consultation call
  • Fastest possible turnaround
  • 1 year post-service support
  • Dedicated account manager
Choose Premium

Form ITR 3 (Proprietor/Other) FAQs

Have questions? We have answers.

Can’t find your answer? Ask the assistant, or speak to our team.

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Individuals and HUFs with business or professional income under regular books.

Yes, F&O trading is usually treated as business income.

Yes, ITR-3 requires balance sheet and profit and loss details.

31 August 2026 without audit, or 31 October 2026 with audit, for AY 2026-27.

Only if you are eligible for and opt for presumptive taxation.

2 to 5 working days.

Yes. Document collection, e-signing and filing are completed online, so you do not need to visit any office. Where a physical step is unavoidable, we tell you upfront.

NewStarts professional fees, GST and government fees are shown separately. Government fees are paid at actuals and confirmed with you before filing.

Ready to start your Form ITR 3 (Proprietor/Other)?

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