ITR Form 2 is for Individuals and HUF receiving income other than income from “Profits and Gains from Business or Profession”. Thus persons having income from the following sources are eligible to file Form ITR 2: Income from Salary/Pension. Income from House Property(Income Can be from more than one house property)
Charges – 699/-
For Free Consultation
ITR-2 Form Filing - Income Tax Return
The ITR-2 Form for Income Tax Return is filed by Indian citizens who are living in India as well as the Non Residents of India (NRIs). ITR-2 Form can be filled by individuals who are not eligible to use ITR-1 form.
The ITR-2 Form can be filed by individuals and Hindu Undivided Families whose source of income is through Salary or Pension, more than one House Property, Capital Gains, foreign assets, business or profession as a partner (not proprietor).
Also, individuals who have their income from other sources, such as lottery, racehorses, legal gambling can file ITR-2 form with the Income Tax Department of India for their IT Return. Individuals with an income of more than Rs 50 lakh are also eligible to file ITR using ITR-2.