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ITR 3 filling AY 21-22

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Satyendra Nath Ganguly

Individual

27 Points Posted on 01 September 2021

I am partner of an LLP with very small income from interest and profit. Do I need to fill Business schedule or it can be shown through IF schedule in Income group? Simply what schedules should I file to declare my Income from LLP.

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Quick Summary

This discussion clarifies how an LLP partner should file their ITR 3 for AY 21-22. It addresses whether income from an LLP, such as interest and profit, needs to be declared in the Business schedule or can be reported via the IFOS (Income from Other Sources) schedule. The consensus is that individual income from an LLP can be declared under IFOS in your personal ITR.