ITR Form & Filing Requirements for Propreitorship Firm

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Dear Friends,
Which ITR form we need to select for Propreitorship firm? Let me know the requirements for filing the same
Replies (8)
It should be ITR 3
If proprietor is into business then ITR 3.

Your have to maintain books for business if your turnover exceeds 10L or total income exceeds 2.5L

PAN and Aadhaar are basic requirements.

vouchers/bills related to business
bank statements relating to business.
GST returns filed if GST applicable.

other supporting documents for claiming deduction like LIC, Medical insurance, children's school fee etc...
Itr 3.
if its a small business then itr 4 may apply.
Thank you so much for all
You are welcome mohan

Depends on your business but advisable to file ITR-4 (if no capital gain income)

Dear Friends, I registered in IT eportal as an Individual.
Name As Per PAN : RAJ
Trade Name As Per GST : RAJ TRADERS
I am not able to select ITR FORM 3.
Anyone can help me accordingly

Selection of ITR-3 is based on Source of Income not as per Name. So find the error.


CCI Pro

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