
New ITR-3 form notified for income tax return filing for FY 2024-25: Here’s what’s new for taxpayers
A significant change includes the increase in the reporting threshold for assets and liabilities under ‘Schedule AL’. (AI image) Income Tax Return Filing FY 2024-25: The Income Tax Department has issued ITR form 3, applicable for individuals and HUFs earning income through business or professional activities. The announcement was made via X platform on Thursday…