Income tax - Forms related

For individual having business professional income along with Rental income and STCG - Which form applicable - ITR 3?

If yes, Right now might be form not seen in ITR site l. Right ? 

 

Replies (3)
Quick Summary
This discussion clarifies that individuals with business professional income, rental income, and short-term capital gains (STCG) should use ITR 3. While the Java utility might not be available yet, the Excel utility can be used, though it may have some glitches. Filing through the offline Excel utility has been confirmed as valid and accepted by the system, even if portal updates occur later.

  1. Yes, file ITR 3
  2.  Wait for Java utility of Form 3; Excel utility available but has many glitches.

 Have filed Form 3 thru offline using excel utility and got duly verified and  acknowledged yesterday but .. will the assessment happen or any changes in excel utility can cause adverse impact due to non availability in filing portal as of date

 

Regards Madhavan 

Once validated & duly verified, means accepted by system. So, no change or any error would occur, even when updated utilites released by system. It will be assessed if no other abnormality in the ITR w.r.t data already with system. Actual assessment of ITR 3 will be a bit late. Good luck.

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