Formdata is empty - laravel 5.4

Hi Friends,
I am trying to upload an image using ajax in laravel 5.4

Issue :
Formdata is empty on server-side

CODE :

View :

<form role="form" action="{{route('auth.upload')}}" method="post" enctype="multipart/form-data" id="form3">
     {{ csrf_field() }}
     <h3>Upload Logo</h3>

     <div class="form-group">
          <label class="custom-file upload-image">
          <input type="file" id="image" name="image" class="custom-file-input">
          <span class="custom-file-control"></span>
          </label>
      </div>
      <button type="submit" class="btn btn-upload">Save Image</button>
</form>  

JS :

$('#form3').on('submit',function(e){
    e.preventDefault();

    var url = $(this).attr('action'),
    post = $(this).attr('method'),
    data = new FormData(this);

    $.ajax({
        url: url,
        method: post,
        data: data,
        success: function(data){
            console.log(data);
        },
        error: function(xhr, status, error){
            alert(xhr.responseText);
        },
        processData: false,
        contentType: false
    });
});  

Route :

Route::post('home/form3', 'HomeController@store')->name('auth.upload');  

Controller :

public function store(Request $request){
    if ($request->ajax()) {

        return $request->all(); // THIS IS RETURNING EMPTY OBJECT

        if ($request->hasFile('image')) {

            $name = $request->image->getClientOriginalName();
            $request->image->storeAs('public/upload',$name);

            $company = new Company;
            $url = Storage::url($name);
            $company->update(['image'=>$url]);

            return response(['msg'=>'image uploaded']);
        }else{
            return response(['msg'=>'No file has selected']);
        } 
    }
}  

return response from server side is :

Object {_token: "zFKgoBkdjaIswMG5X0fOyVtaGSYMs84iPDtJA4F5", image: Object}
   image : Object
   _token : "zFKgoBkdjaIswMG5X0fOyVtaGSYMs84iPDtJA4F5"
   __proto__ : Object  

I can see only token is returning but not data of uploaded image. If I submit form without using ajax then it is working fine.

Output if submitted without using ajax (this is the output I am expecting even submitted using ajax):

array:2 [▼
  "_token" => "eVEjl9UW4rU69oz1lIIiuNABZVpRJFldDST02Nje"
  "image" => UploadedFile {#229 ▼
    -test: false
    -originalName: "empty-normal.png"
    -mimeType: "image/png"
    -size: 85494
    -error: 0
    #hashName: null
    path: "C:\xampp\tmp"
    filename: "php917E.tmp"
    basename: "php917E.tmp"
    pathname: "C:\xampp\tmp\php917E.tmp"
    extension: "tmp"
    realPath: "C:\xampp\tmp\php917E.tmp"
    aTime: 2017-05-18 11:17:11
    mTime: 2017-05-18 11:17:11
    cTime: 2017-05-18 11:17:11
    inode: 0
    size: 85494
    perms: 0100666
    owner: 0
    group: 0
    type: "file"
    writable: true
    readable: true
    executable: false
    file: true
    dir: false
    link: false
    linkTarget: "C:\xampp\tmp\php917E.tmp"

} ]

Can any one help me in solving this issue ?

**THANKS IN ADVANCE...