9415323244 gstcindia1@gmail.com Near Awadh Bus Station, Lucknow, UP - 226028

ITR-3 Filing (Turnover upto ₹50 Lacs)

Standard ITR-3 for businesses and professionals with turnover up to ₹50 Lacs

Rated 4.9/5 by 10,500+ clients GSTC Verified Data Secure & Private Trusted Since 2000

Overview

ITR-3 is for individuals and HUFs with income from business or profession, including freelancers, consultants, and sole proprietors with turnover up to ₹50 Lacs. Our service includes preparation of financial statements and accurate computation of business income.

  • For business turnover up to ₹50 Lacs
  • Balance sheet, P&L & schedules prepared by CA
  • Full expense deduction optimization
  • Depreciation computation under Income Tax Act

Documents Required

  • PAN Card
  • Aadhaar Card
  • Bank Statement
  • Form 16 / Salary Slips
  • Previous Year ITR (if filed)

How It Works

1

Submit Documents

2

Verification

3

Filing

4

Confirmation

Complete Online Document Submission & Application Tracking

No office visits, no couriers. Upload everything from your phone and watch your application move from document check to final approval on WhatsApp.

100% Online Document Upload

Send documents on WhatsApp or through our secure portal. We review each one and request anything missing before filing.

Live Application Tracking

Track your application on the official portal. Your acknowledgment number is shared with you the same working day.

Step-by-Step Status Updates

Get a WhatsApp and email update at every stage - documents received, filed, approved - so you always know where your case stands.

Data Secure & Confidential

Your documents are used only for this application, stored safely, and never shared. Certificates go to your registered email.

FAQs

ITR-3 is for regular business/profession income with full bookkeeping. ITR-4 (Sugam) is for presumptive taxation under sections 44AD, 44ADA & 44AE where income is estimated at a fixed percentage of turnover.

Yes, depreciation on fixed assets as per Income Tax Act rates can be claimed. Block of assets method is used for computing depreciation.

If turnover exceeds ₹2 crore (or ₹3 crore in certain cases), tax audit u/s 44AB becomes mandatory and ITR-3 with audited financials must be filed.

Yes, proper books of accounts need to be maintained if turnover/professional receipts exceed prescribed limits under section 44AA. Our team can assist in preparation.

Yes, individuals with business income can choose between old and new tax regimes. However, the choice once made can be changed only once (or under specific conditions).

ITR-3 is for individuals and HUFs with income from business or profession. It is meant for freelancers, consultants, sole proprietors, doctors, lawyers, and small business owners with turnover up to ₹50 Lacs who maintain proper books of accounts.

Our professional fee for ITR-3 filing with turnover up to ₹50 Lacs is ₹2,450, plus government fees. This includes balance sheet, P&L, schedules preparation, and complete filing by a CA.

Late filing under section 234F is ₹5,000 (filed between Aug 1 and Dec 31) or ₹10,000 (filed after Dec 31). For tax audit cases, the due date is Oct 31, and late filing after that attracts the penalty.

Self-filing is possible on the IT portal, but ITR-3 is complex. It requires accurate financial statements, depreciation computation, and business expense categorization. Professional CA assistance is recommended to avoid errors and maximize deductions.

Benefits include CA-prepared financial statements, depreciation optimization, ICDS compliance, tax regime comparison, maximum expense deduction claims, and support for any tax notice or scrutiny.

Apply for ITR-3 Filing (Turnover upto ₹50 Lacs)

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What Clients Say About ITR-3 Filing

Rated 4.9/5 from 2,341 verified client reviews

"I was worried about the paperwork, but the team handled everything online. Documents were collected on WhatsApp and the advisor updated me at every step until I received the final confirmation on email. Very professional and transparent."

RK
Rakesh Kumar
Business Owner, Lucknow

"Quick, honest and no hidden charges. The fee was confirmed upfront on WhatsApp and the acknowledgment was generated the same day my documents were verified. Highly recommended for ITR-3 Filing."

SD
Sneha Dwivedi
Entrepreneur, Kanpur

"They explained the process in simple Hindi, told me exactly which documents to prepare, and my application moved without a single query from the department. Worth every rupee of the fee I paid."

RA
Rohit Agnihotri
Small Trader, Varanasi

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