New Delhi, June 19 -- The Income Tax (I-T) Department on Friday announced the release of the Excel Utility of ITR-3. With this update, both the Excel Utility and online filing for ITR-1 to ITR-4 are enabled on the e-Filing portal. Moreover, ITR-1, ITR-2, ITR-3 and ITR-4 for FY 2025-26 are already live.

ITR-3 is meant for individuals and HUFs who earn income from profits and gains of business or profession. Interestingly, the last date for filing a tax return via ITR-3 is 31 August, not 31 July.

ITR-3 can be filed by anyone, from a freelancer, consultant, doctor, lawyer, trader, or proprietor. Filing through the prescribed form helps taxpayers avoid errors and reduce the risk of getting notices.

Experts recommend that taxpayers file the...