banner_ad

itr filing in form itr3

175 views 2 replies
my client has started a new profession as a labour law consultant. his gross receipts in fy 2018-19 is approx. 750000.
can i file his itr in form itr3 by making receipt and payment account and balance sheet. as the net profit will b more than 50% of receipts. or i have to follow no books case and file u/s 44 ada.. my client wishes to
make balance sheet . and file itr on valance sheet basis.
Replies (2)

Yes, you are at liberty to declare the income in ITR3 with accounts maintained.

Originally posted by : Dhirajlal Rambhia
Yes, you are at liberty to declare the income in ITR3 with accounts maintained.

Dear Sir,

I think ITR-3 can be filed even if books of accounts are not maintained.

you just need to fill either normal balance sheet or balance sheet particulars of no account case.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details