Individuals and Hindu Undivided Families (HUFs) who do not have income from profits and gains from business or profession can file their returns with ITR-2 form. As per the newly notified ITR-2 form, ...
Income Tax efiling: In case your income exceeds Rs 50 lakh, you will have to use ITR-2 this year. (Source: Reuters) Income Tax efiling: It’s Sunday, and just two days are left for the July 31 deadline ...
Rahul has recently started his business. For the last few days, he has heard about filing the tax returns. Rahul is a bit clueless about why returns are filed. He is not well versed with the process ...
ITR 2: If you have to file your Income Tax Return for AY 2023-24 online through the ITR 2 form then read this article to know what all you should keep ready before starting the e-filing process on the ...
Taxpayers who earn income from salary, capital gains, or have invested in unlisted equity shares, need to file their Income Tax Return using the ITR-2 form. For the Assessment Year 2025-26 (FY 2024-25 ...
The Income Tax Department has opened the e-filing window for taxpayers on its portal, enabling them to file their income tax return form ITR-2. The move will allow taxpayers to file their returns for ...
Salaried individuals with specific income sources widely use ITR 1 to fill income tax returns. Some taxpayers need to use ITR-2 form which can be filed using the income tax department's Excel or Java ...
One important change has been introduced in ITR-1 and 4, which was notified on April 29, relating to the reporting of capital gain income from listed equities.
July 31 may be a few weeks away, but individual taxpayers would do well to start working on their income tax returns for financial year 2023-24 (assessment year 2024-25). These taxpayers have to ...
ITR 2 cannot be used by an individual and HUF whose total income for the year includes income from profit and gains from business or profession and also having income in the nature of interest, salary ...
The Income Tax Department has categorised taxpayers on the basis of income, source of income and many other factors to ensure easy compliance. While taxpayers falling in all these categories have to ...