About

A narrow tool for the work between a broker report and ITR-3

Broker platforms produce detailed trading records. Filing software expects finished financial statements. ITR FNO exists to organise the difficult middle into a working you can file from and interrogate line by line.

What you get: a complete ITR-3 working built from your broker files: your F&O and intraday turnover, worked out the way the tax audit rules ask for; the four Trading Account figures ITR-3 now asks every trader for; a balance sheet and profit-and-loss working, in ITR-3's own layout; whether a tax audit applies to you, with the numbers behind it; every figure showing the sheet, row, and label it came from — with a list of the points that need a decision. You file the return from it yourself, or hand it to your CA. ITR FNO does not e-file, sign, or carry out a tax audit.

Why this problem

AY 2026-27 adds separate F&O and intraday disclosures to ITR-3 while balance-sheet, profit-and-loss, audit, and no-account questions remain. Broker statements contain much of the raw material but usually do not answer bank balance, capital movement, presumptive history, delivery classification, or audit judgment.

General filing products can import trades yet still ask the taxpayer to prepare financial statements or route audit cases to a CA. ITR FNO focuses on that preparation gap rather than portal automation.

Three operating principles

Show the source. A figure points to a sheet and label or states its derivation.
Never plug a gap. Missing evidence becomes a blocker or review flag, not a convenient balancing number.
Leave the judgment with you. The service shows the arithmetic and the competing considerations, and names the ones worth taking to a chartered accountant; it does not recommend 44AD, decide audit, or file.

What the engine checks, and what it flags

Every figure is read off the source sheet by its label, never by counting rows, and then cross-checked: turnover against the trade-level results, income against charges and the ledger, closing balances against the open positions carried at the year end. A figure that survives that carries its trace — the sheet, the row and the label it came from — so it can be argued with rather than trusted.

A figure that does not survive it becomes a flag. Blockers stop the line: the working will not balance around a number nobody can source. Review flags name a judgment call and what would settle it — a classification, a presumptive-tax history, an audit test that turns on facts outside the broker file. Information flags record an assumption in plain words so you can confirm or correct it.

Where a flag needs evidence a broker never holds — a bank statement, last year's acknowledgement, your own account of a delivery trade — the working asks you for that document by name and is reissued once it arrives. That is the whole design: what is missing is visible and addressable, instead of averaged away into a number that looks finished.

What we deliberately do not build

We do not store tax-portal credentials, automate OTPs or filing, provide a blanket audit recommendation, or pretend to automate judgment-heavy Form 3CD. AY 2026-27 is the final assessment year under the 1961 Act; Form 26 replaces the current audit forms from TY 2026-27, making a narrow, reviewable workpaper more durable than hard-coding an expiring audit form.

Work with us

Traders filing their own ITR-3, and chartered accountants who prepare them for others, both use the same working. If a flag on your case is worded badly or a broker layout is not read cleanly, tell us — that feedback is how the engine improves. Read how preparation works or contact ITR FNO.

Stop assembling this by hand.

Upload your broker files and get the sourced working back within 8 business hours of complete records.

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