ITR-3 Excel Utility for AY 2025-26: Seven Major Changes Taxpayers Must Know

By Sheetal Kumari | March 3, 2025

MC Desk | July 16, 2025

ITR-3 Excel Utility AY 2025-26: 7 Key Changes You Must Know

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7 key changes in ITR-3 Excel Utility for AY 2025-26 that every taxpayer must note.

ITR-3 Excel Utility Updated!

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Asset-liability reporting now needed only if income exceeds ₹1 crore.

New ₹1 Cr Limit

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Report asset sale as pre- or post-July 23, 2024 for accurate tax rates.

New Capital Gains Split

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Claim loss from buybacks only if dividend income is reported.

Buyback Loss Rule

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Home loan and deduction claims now need full supporting info.

More Deduction Details

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Declare past Form 10-IEA filing and regime choice for this year.

Tax Regime Disclosure

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Split cost details for property sales before July 23, 2024.

Revised CG Reporting

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Cruise business income now reportable under Section 44BBC.

New Cruise Income Code

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Separate row added to report buyback gains as dividend.

Buyback as Dividend

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ITR-3 now fully aligned with Finance Act 2024 updates.

Utility Matches New Law

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Next: SBI Revises FD Interest Rates: Latest Updates You Must Know
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