By Neelanjit Das
The ITR-3 excel utility for AY 2025-26 introduces many key changes, including a raised threshold for asset reporting to Rs 1 crore and new requirements for capital gains transactions before and after July 23, 2024. Taxpayers must now provide detailed loan information for Section 24(b) deductions and report dividend income from share buybacks, with corresponding capital losses claimable under specific conditions. Read more.