Wednesday, August 20, 2025

Do you need to file ITR-3 for AY 2025-26 (FY 2024-25)? Here is the eligibility criteria

Filing Income Tax Return can be complex. For Assessment Year 2025-26, individuals with business income must use ITR-3. The Income Tax Department has introduced key changes. These include capital gains splits and asset reporting limit changes. Taxpayers must specify transfer dates for capital assets. Reporting requirements for virtual digital assets are also expanded.

from Tax-Wealth-Economic Times https://ift.tt/zmaPMfR

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