Income tax filing is even easier, now ITR 2 forms will be filled online

The Income Tax Department has started the facility of filling the ITR-2 form online from July 18, 2025. Now employed taxpayers, who have capital gains, crypto income or any other special income source, are the e-filing portal of the Income Tax Department https://incometax.gov.in/iec/foportal You can file your income tax return online through.

The Income Tax Department posted on social media to pay attention! The ITR-2 form is now available online with already filled data: Now taxpayers can fill ITR-2 forms online with already filled data, ITR-2, ITR, ITR-2 are available for filing online filing, income tax department, e-filing ITR. The last date for filing ITR for FY 2024-25 and assessment year 2025-26 is 15 September 2025. Earlier, only ITR-1 and ITR-4 forms were available in online and Excel utility, which was for limited income group taxpayers. However, currently excel utility is currently available for ITR-3, online facility will be started soon.

Who can fill ITR-2?

1. According to Abhishek Soni, co-founder of Chartered Accountant Tax 2 Win, a report by ET states that ITR-2 is for the following individuals or Hindu undivided families (HUF).
2. Whose income includes salary or pension.
3. Income from one or more domestic assets.
4. Income from other sources, such as lottery, horse racing, or taxable income at special rates.
5. Those who have invested in non-list equity shares.
6. Director or resident in a company (ROR/RNOR)
7. Capital gains or earnings from foreign assets/income.
8. Agricultural income of more than Rs 5,000.
9. The income to which clubbing provisions apply.
10. Those who have financial interests in property or accounts abroad
11. People who want to take the loss caused by the property of the house or bring forward
12. People who get tax deduction under Section 194N

What is new in ITR-2 this year?

1. capital gains – Different schedules (after the change in Finance Act 2024) before and after 23 July 2024 and after the benefit.
2. Loss on share buyback – If dividend income is shown in income from other sources then the loss is acceptable (after 1 October 2024)
3. Assets and liabilities – Compulsory reporting if the total income is more than Rs 1 crore.
4. Detailed information on cuttings – Better reporting for Section 80C, 10 (13A) etc.
5. TDS code – Reporting TDS section code in Schedule-TDS.

Documents required for filing ITR-2

1. According to the Income Tax Department website, the following documents will be required to file ITR-2 form.
2. For pay income – Form 16 issued by the owner of the company, which should include the details of salary and TDS.
3. For interest income and TDS – Form 16A-Fixed Deposit (FD) or TDS is issued by the deductor on cutting interest income from savings account. Form 26AS- For verification of TDS from salary and other sources, download from e-filing portal.
4. For tenants – Fare Receipt – If you live in rented houses and want to claim HRA (House Rent Allowance) (if the owner has not been paid).
5. For capital gains – For calculating capital gains in terms of transaction in shares or securities summary of capital gains/profit and loss.
6. For calculating interest income- Bank Passbook- Details of interest income from savings account and fixed deposit receipts (FDR) for calculating interest earned from fixed deposit.
7. For income from home property – Description of tenant – Details of rent amount should be provided. Local Tax Payment – Receipt of Payment of Property Tax on Capital and Interest – If the loan is taken for the house, the details of the interest.
8. For loss in current year – Documents related to damage – relevant documents depicting damage done in the current year.
9. For loss in last year – ITR-V of the previous year, a copy of the previous year’s returns, in which the loss is revealed.
10. For tax exemption claims – Sections 80C, 80D, 80G, 80 GG documents such as life and health insurance receipts. Donation receipts. Rent receipts (for 80 GG). Evidence of tuition fees receipts and other tax savings investments should be provided.