Tax planning
Business or professional income return, ITR-3 (including F&O and intraday)
What this means, checked by a CA
If you run a business or practice and keep accounts, or trade in F&O, you file ITR-3. We prepare or check your profit and loss account and balance sheet, test whether a tax audit applies, choose the cheaper tax regime within the rules, and file and verify the return.
₹4,999
a year, + 18% GST
- Delivered in 5 working days after books or bank statements; audit cases as agreed
- Due: AY 2026-27: non-audit business and professional returns were due 31 August 2026 (passed). Audit cases: tax audit report by 21 October 2026 and ITR by 21 November 2026 under CBDT Circular 7/2026 of 28 September 2026. Belated return up to 31 December 2026.
How we do it: IDFD
Every case runs through the same four steps: Information, Discussion, Forms, Deliverables. You see each one ticked as it happens.
InformationWhat we need from you · 10 items
Profit and loss account and balance sheet
Business schedules of ITR-3
Bank statements of business accounts
Receipts, payments, cash share
GST returns and turnover, if registeredOptional
Matches AIS GST turnover
Broker tax P&L and contract notesOptional
F&O and intraday figures
Form 16, if also salariedOptional
Salary head
Form 26AS and AIS
TDS, TCS and reported sales
Tax audit report, if applicableOptional
Uploaded before the ITR
Form 10-IEA acknowledgementOptional
Needed for old regime
Advance tax challans
Credit and interest
Last year's ITR and loss scheduleOptional
Brought forward losses
DiscussionWhat we discuss · 6 items
Presumptive (ITR-4) or regular books (ITR-3): which is allowed and cheaper?
Decides the form and audit
What is your turnover, and how much was received or paid in cash?
₹1 crore or ₹10 crore audit limit
Did you use presumptive taxation in any of the last five years and now show lower profit?
Can trigger audit
Old or new regime, and was Form 10-IEA filed before the due date?
Regime choice is time-bound
Any losses from earlier years or this year?
Carry forward needs timely filing
Partner in a firm, director, or holder of foreign assets?
Extra schedules
FormsForms we file · 6 items
Confirm ITR-3 is right and test tax audit
Turnover against ₹1 crore or ₹10 crore; presumptive opt-out check
Where: Internal. Due: Before preparing accounts
Prepare or review profit and loss account, balance sheet and business income computation
Net profit adjusted for disallowances and depreciation
Where: Internal. Due: Before filing
If audit applies: CA uploads tax audit report in Form 3CA or 3CB with 3CD (now Form 26) and you accept it
Where: https://www.incometax.gov.in. Due: 21 October 2026 for AY 2026-27 (passed); normally one month before the ITR due date
File Form 10-IEA if choosing the old regime
Where: https://www.incometax.gov.in. Due: On or before the Sec 139(1) due date
Compute tax and pay self-assessment tax with interest
Tax less TDS, TCS and advance tax; Sec 234A, 234B, 234C interest
Where: https://www.incometax.gov.in (e-Pay Tax). Due: Before submitting
Submit ITR-3 and e-verify
Where: https://www.incometax.gov.in. Due: AY 2026-27 audit cases 21 November 2026; belated by 31 December 2026; verify within 30 days
DeliverablesWhat you get · 4 items
ITR-3 acknowledgement
When: Same day
Computation of income and financial statements
When: With filing
Tax audit report acknowledgement, if applicable
When: Before the ITR
Sec 143(1) (now Sec 270(1)) intimation
When: Weeks after verification
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