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Income Tax Department Releases ITR 3 Validation Rules for AY 2024-25

Last updated: 18 June 2024


In an effort to enhance data quality and accuracy in tax returns, the Income Tax Department has introduced ITR 3 validation rules for the Assessment Year 2024-25. The new guidelines, released on June 10, 2024, aim to ensure that tax returns prepared through commercially available software or websites are accurate and error-free.

Income Tax Department Releases ITR 3 Validation Rules for AY 2024-25

ITR 3

For individuals and HUFs having income from profits and gains of business or profession.

  • Document: Validations (960 KB)
  • Date of first release of validation: 10th June 2024

Who Should Use ITR 3?

ITR 3 is specifically designed for individuals and Hindu Undivided Families (HUFs) who have income from profits and gains of business or profession. This form covers a broad range of taxpayers engaged in business activities or practicing professions, ensuring their financial reporting is precise and compliant with current tax laws.

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Category Income Tax   Report

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