Itr 2

What is itr 2?

itr 2 is a form that is used for filing income tax returns in India. It is applicable to individuals and Hindu Undivided Families (HUFs) who do not have income from business or profession. This form helps taxpayers to report their income from various sources such as salary, house property, capital gains, and other sources.

What are the types of itr 2?

There are no specific types of itr 2, as it is a single form used for a particular category of taxpayers as mentioned above. However, taxpayers may have different sources of income which they need to report in itr 2.

Salary income
Income from house property
Capital gains
Income from other sources

How to complete itr 2?

Completing itr 2 is a simple process if you follow these steps:

01
Gather all the necessary documents such as Form 16, bank statements, and investment proofs.
02
Download the itr 2 form from the official website of the Income Tax Department.
03
Fill in the details of your income from different sources in the appropriate sections of itr 2.
04
Double-check all the information filled in itr 2 for accuracy and completeness.
05
Compute your total income and tax liability using the provided calculations in itr 2.
06
Verify all the details and attach the necessary documents.
07
Submit the completed itr 2 form online or physically at the designated tax office.

Remember, using pdfFiller can make the process even easier. With powerful editing tools and unlimited fillable templates, you can quickly and accurately complete itr 2. pdfFiller empowers users to create, edit, and share documents online, ensuring a hassle-free experience.

Video Tutorial How to Fill Out itr 2

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Questions & answers

ITR 2 is applicable only to individuals and HUFs who do not have any income from business or profession. You can file ITR 2 either by preparing online on an e-filing portal or by filling an excel utility.
This Return Form can be filed with the Income Tax Department in any of the following ways, - (i) by furnishing the return in a paper form. (ii) by furnishing the return electronically under digital signature. (iii) by transmitting the data in the return electronically and thereafter submitting the verification of the
An ITR-2 form can be furnished either in online or offline mode. In online mode, either XML needs to be uploaded or client can directly login to income tax portal and select the submission mode as “prepare and submit online”. In the case of online filing, some data can be imported from the latest ITR or form 26AS.
Follow the steps below to file and submit the ITR through online mode: Step 1: Log in to the e-Filing portal using your user ID and password. Step 2: On your Dashboard, click e-File > Income Tax Returns > File Income Tax Return.
To submit an ITR offline, you must first download the necessary income tax utility in either Excel or JSON format, then fill out the form, save your changes, produce an XML file, and upload it to the website.
You need to fill the ITR-2 form if: You earn income from more than one Property. You have any brought forward losses. You earn an income from Other Sources (including income from lotteries, racehorses, gambling, etc.) You've earned an income through Capital Gains.