ITR 3 Validation Rules 2024-25 Released by Income Tax Department

The Income Tax Department has introduced the ITR 3 validation rules for the Assessment Year 2024-25, Version 1.0, dated June 10, 2024. These rules aim to enhance data quality and accuracy in tax returns prepared using commercially available software or websites.

ITR 3 is designed for individuals and Hindu Undivided Families (HUFs) with income from business or professional profits and gains.