ITR-3 Form follows the below structure.

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PART-A

PART A - GENERAL 

This part requires general information such as Name, Address, PAN, Aadhar, Mobile, email Id Status, details of New or old tax regime, whether the return is being filed as per the seventh proviso to Section 139(1), details of residential status, details of Directorship in any company and details of Equity shareholding in Unlisted Companies. 

If you are liable for an Audit, it requires information about the Audit, the date of the Audit Report etc. 

The details of the nature of the Business along with the Code and name of the proprietorship, description, etc. are also required. 

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PART A - MANUFACTURING ACCOUNT

Details of the manufacturing account for the whole financial year

PART A - TRADING ACCOUNT 

Trading account details

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PART A - PROFIT AND LOSS ACCOUNT 

Profit and loss account details

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PART A - BALANCE SHEET

This Part is divided into three sub-parts : 

(1) If Regular Books of Accounts are maintained : 

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In that case, Complete details of the Balance Sheet, Manufacturing Account, Trading Account and Profit and Loss Account has to be filled up. Separate Schedules are there for each one of them. 

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(2) If declaring income under Presumptive Taxation Schemes :

In this case, the details as per Section 44AD, 44ADA, and 44AE (as applicable) are to be filled up. 

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(3) No Account case: 

If you are not liable to maintain books of accounts, the details as required in point no. 64 and 65 of the ITR have to be filled up. 

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PART A - 0I OTHER INFORMATION 

This schedule is mandatory for persons liable to audit. For others, it can be filled up if applicable.

The major parts covered in this schedule relates to disallowances from business or professional income. 

PART A - QD QUANTITATIVE DETAILS 

Again this part is mandatory for persons who are liable to Tax audits. It requires quantitative details of Trading Accounts i.e. opening stock, purchases, sales and closing stock. 

SCHEDULES TO THE RETURN FORM [TO BE FILLED AS APPLICABLE]

SCHEDULE S- DETAILS OF INCOME FROM SALARY 

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In this Schedule, the name and address of the employer with TAN and the nature of Employment are also required along with all the details of Salary and other allowances and perquisites received. 

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SCHEDULE HP - DETAILS OF INCOME FROM HOUSE PROPERTY

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In this Schedule, the Address of the property along with names and Pan of the co-owners are required to be filled. Also, the details of the tenant such as name, and PAN are required. 

Complete details of Rent received, annual rent along with all the deductions claimed from rental income has to be entered. You can add multiple house property details here. 

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SCHEDULE BP - COMPUTATION OF INCOME FROM BUSINESS OR PROFESSION 

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This Schedule requires details of income from business or profession. It is divided into four parts : 

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1. Details of Income from normal business or profession 

2. Details of Income from Speculative business 

3. Details of Income from Specified business u/s 35AD

4. Inter-head set off of losses under head Business 

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SCHEDULE - DPM DEPRECIATION ON PLANT AND MACHINERY 

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Complete Details of depreciation on Plant and Machinery have to be provided under this Schedule 

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SCHEDULE DOA - DEPRECIATION ON OTHER ASSETS 

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Complete details of depreciation on all the Fixed Assets other than Plant and Machinery such as Land,  Building, Furniture & Fixtures, Intangible Assets, and Ships has to be provided under this Schedule. 

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SCHEDULE DEP - SUMMARY OF DEPRECIATION ON ASSETS 

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Under this Schedule, a Summary of Depreciation provided under each head of Assets has to be provided. 

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SCHEDULE DCG - DEEMED CAPITAL GAIN ON SALE OF DEPRECIABLE ASSETS 

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Here, the deemed capital gain on the sale of depreciable assets has to be entered. 

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SCHEDULE ESR - EXPENDITURE ON SCIENTIFIC RESEARCH [Deduction u/s 35 or 35CCC or 35CCD]

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The complete details of Expenditure claimed u/s 35 have to be provided here. 

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SCHEDULE CG - CAPITAL GAINS 

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This is a long schedule that is divided into Short Term & Long-Term Capital Gains. Full & complete details of each and every item have to be provided including all deductions claimed from such gains. Also, there is a separate Schedule of Section 112A wherein share-wise details have to be entered for taking benefits of the grandfathering clause as on 31st Jan.2018. 

Also, the set-off of short-term and long-term capital gains details are to be entered.

The bifurcation of Short Term & Long term capital gains quarter wise also needs to be entered so that the interest liability u/s 234C can be correctly analyzed and calculated. 

From A.Yr.2023-24, Schedule VDA - Income from transfer of Virtual Digital Assets has been newly added for reporting transactions relating to virtual digital assets. 

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SCHEDULE OS - INCOME FROM OTHER SOURCES 

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In this Schedule, each and every detail relating to Income from Other Sources have to be entered. Also, the deductions claimed from other source income are to be entered in detail. Here also bifurcation of income from Dividends and winnings from the lottery, puzzles, games etc. has to be provided quarters for calculation of interest u/s 234C. 

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SCHEDULE CYLA - DETAILS OF INCOME AFTER SETOFF OF CURRENT YEAR LOSSES

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Under this Schedule, the current year's losses under head House Property, Business loss and other sources are allowed to be adjusted from the Current year's income of Salaries, House Property, Busines Income, Capital Gain, and other sources as per the provisions of Income Tax. 

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SCHEDULE BFLA - DETAILS OF INCOME AFTER SET OFF OF BROUGHT FORWARD LOSSES OF EARLIER YEARS

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Under this Schedule, the brought forward losses of earlier years are allowed to be set off against current year's remaining income as per the provisions of the Act. 

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SCHEDULE CFL - CARRIED FORWARD LOSSES 

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This Schedule requires the details of the last 8 years brought forward losses and adjustment of same against the current year's income and the losses which remained and carried forward for future adjustments. 

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SCHEDULE - UD  UNABSORBED DEPRECIATION AND ALLOWANCE U/S 35(4) 

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This schedule required the details of unabsorbed deprecation losses and allowances u/s 35(4) adjusted during the year and carried forward. 

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SCHEDULE ICDS - EFFECT OF INCOME COMPUTATION DISCLOSURE STANDARDS ON PROFIT 

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Here, the effect of all total 10 ICDS on the net profit has to be disclosed and detailed. 

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SCHEDULE 10AA - DEDUCTION UNDER SECTION 10AA

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The Deductions in respect of units located in the Special Economic Zone have to be provided under this schedule. 

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SCHEDULE 80G - DETAILS OF DONATIONS UNDER SECTION 80G

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This schedule required complete details in respect of donations given under Section 80G both entitled to 100% and 50% deductions including name, address, pan of the organization along with mode of payment etc. 

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SCHEDULE 80GGA - DETAILS OF DONATIONS FOR SCIENTIFIC RESEARCH OR RURAL DEVELOPMENT

The details of donations made for Scientific Research or rural development in case of a partner of the firm deriving only profit from the firm has to be filled in here. 

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SCHEDULE RA - DETAILS OF DONATIONS TO RESEARCH ASSOCIATIONS ETC.  [U/S 35] 

The details of such donations made to Research Associations etc. have to be filled in here. 

SCHEDULE 80IA, IB, IC, OR IE - DEDUCTIONS 

Separate Schedules u.s 80IA, IB, ICor IE deductions are to be filled (if applicable). 

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SCHEDULE VIA - DEDUCTIONS UNDER THE CHAPTER VIA

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This Schedule requires figures of deductions claimed under Chapter VIA such as 80C, 80CCC, 80CCD, 80E, 80D, etc. 

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SCHEDULE AMT - ALTERNATE MINIMUM TAX UNDER SECTION 115JC

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This Schedule requires the calculation of Tax payable u/s 115JC i.e. alternate minimum tax. 

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SCHEDULE AMTC - CALCULATION OF TAX CREDIT U/S 115JD

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This Schedule requires the adjustment calculation of any tax credit availed and utilized u/s 115JD. 

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SCHEDULE SPI - INCOME OF SPECIFIED PERSON U/S 64 I.E. MINOR CHILD, SPOUSE ETC. 

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Under this Schedule, details of Income of Minor Child, Spouse, etc. specified u/s 64 have to be entered. 

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SCHEDULE SI - SPECIAL INCOME 

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This schedule requires to details of all incomes which fall under Special Income which are taxed at different rates mostly u/s 115 of the Income Tax Act. 

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SCHEDULE IF - INFORMATION REGARDING THE PARTNERSHIP FIRM IN WHICH YOU ARE A PARTNER 

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The details of income from the Partnership firm in which you are a partner is to be filled in here. 

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SCHEDULE EI- EXEMPT INCOME 

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Under this Schedule, complete details of all Income that are claimed to be Exempt have to be provided. 

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SCHEDULE PTI - PASS-THROUGH INCOME FROM BUSINESS TRUST, INVESTMENT FUND U/S 115UA, 115UB

Complete details of Income from the above trust or investment funds have to be provided in this Schedule. 

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SCHEDULE TPSA - DETAILS OF TAX ON SECONDARY ADJUSTMENTS AS PER SECTION 92CE

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The relevant details are to be filled in here. 

SCHEDULE FSI - DETAILS OF INCOME FROM OUTSIDE INDIA AND TAX RELIEF 

Here, the details of Income earned from outside India in case of Resident and the tax relief (if any) claimed has to be provided along with country code and TIN of the country. 

SCHEDULE TR - SUMMARY OF TAX RELIEF CLAIMED FROM TAXES OUTSIDE INDIA 

In case of Resident earning Income from outside India and paying tax in that country, the tax relied claimed in India in respect of that income under section 90, 90A or 91 has to be provided here. 

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SCHEDULE FA - DETAILS OF FOREIGN ASSETS AND INCOME FROM ANY SOURCE OUTSIDE INDIA 

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This Schedule requires details of complete assets, bank accounts, demat accounts, any movable or immovable property etc. of any resident in a Foreign country and also income if any derived from such assets. The details are to be provided for the Calendar year i.e. for A.Yr.23-24 it has to be provided as at 31st Dec. 22. 

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SCHEDULE 5A - INFORMATION REGARDING APPORTIONMENT OF INCOME AS PER PORTUGUESE CODE 

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The relevant Information of the Spouse as per the Portuguese code has to be provided here. 

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SCHEDULE AL - ASSETS AND LIABILITIES AS AT THE END OF THE YEAR [APPLICABLE IN CASE

WHERE TOTAL INCOME EXCEEDS RS.50 LAKHS]

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Complete details of all assets i.e. Immovable and Movable in case of persons earning income above 50 lakhs has to be filled in this Schedule. The details of Assets and Liabilities should be other than as already filled in Part A - BS. 

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SCHEDULE GST - INFORMATION REGARDING TURNOVER/RECEIPTS REPORTED IN GST 

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The GSTIN details and turnover details as per GST returns are to be disclosed here.

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SCHEDULE - TAX-DEFERRED IN ESOP 

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The relevant information - relatable to income on perquisites referred in section 17(2)(vi) received from the employer, being an eligible start-up referred to in section 80-IAC has to be provided here. 

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PART B - TI - COMPUTATION OF TOTAL INCOME 

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This schedule is the Summary of all above Schedules wherein the total income under each head of income is to be summarised so as to arrive at Gross total income and then Total income. 

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PART B - TTI - TAX ON TOTAL INCOME 

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Under this Schedule, the Tax liability is ascertained after providing for rebates and reliefs claimed and also the TDS, advance tax, Self asstt. tax are considered. The Interest u/s 234A, B & C are also calculated so as to arrive at net tax payable or refundable during the year. 

This Schedule also requires details of all bank accounts held during the year along with the account to which the refund has to be credited. 

This Schedule also has sub-schedules for Advance Tax, Self Assessment Tax, TDS, and TCS wherein complete details are to be provided as per tax challans, Form 26AS and Form 27D. 

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VERIFICATION 

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Form ITR-2 ends with the Verification section which can be done through Aadhar OTP, digital signature, other modes of verification. However, if no modes of E-verification are available, then ITR-V acknowledgment generated after e-filing has to be physically signed and sent to CPC-Bangluru within 30 days of filing.