ITR-3 is the income tax return form applicable to individuals and Hindu Undivided Families (HUFs) earning income from business or profession while maintaining regular books of accounts. It is commonly used by freelancers, consultants, professionals, traders, proprietors, and individuals involved in F&O or intraday trading. For AY 2026-27, several important updates have been introduced in the ITR-3 form, including new disclosures for deductions, updated F&O reporting requireme
