INCOME TAX RETURNS

Form ITR-2

Individuals who have their Income for the Financial Year through Salary or Pension, more than House Property, Income from Capital Gains, Income from foreign assets/Income, Income from business or profession as a partner (not proprietor) and other sources including lottery, racehorses, legal gambling are eligible to file their IT Return using ITR-2. Individuals who are not eligible to file using ITR-1, because of their income exceeding ₹ 50 Lakhs, also need to file using ITR-2.

DUE DATE FOR FILLING ITR FORM

ITR-2 form must be filed by individuals and HUFs on or before 31st July of every year.

 

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