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Jul 16, 2025
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ITR-3 Excel utility for AY 2025-26: Seven major changes in ITR-3 Excel utility that all taxpayers including stock traders should note
The Excel utilities of all income tax return (ITR) forms are now out, including ITR-2 and ITR-3. ITR-2 is for folks with salaries, capital gains, crypto earnings, and so on, while ITR-3 is mainly for businesses that need to undergo tax audits, as well as individuals trading in futures and options (F&O). In short, ITR-3 is for those looking to declare their income under the category of Profits and Gains from Business and Profession (PGBP).
But just like with other Excel utilities of ITR-1, ITR-2, etc, the ITR-3 Excel utility for Assessment Year (AY) 2025-26 too has some significant updates vis-a-vis last year’s version.
What are the new changes to ITR-3 tax form?
SR Patnaik, Partner (head - taxation), Cyril Amarchand Mangaldas, highlights the important changes introduced in ITR-3 Form for AY 2025-26:
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