ITR-2 online facility, Excel utility now live: Eligibility and required documents

ITR-2 online facility, Excel utility now live: Eligibility and required documents


The Income Tax Department has enabled online filing and the Excel utility for ITR-2 for the assessment year 2026-27 on the e-filing portal, allowing eligible taxpayers to begin filing their income tax returns.

In a post on X, the department said, “Kind Attention Taxpayers! Online filing and Excel Utility for ITR-2 for A.Y. 2026–27 are now enabled on the e-Filing portal.”

The development comes days after the department released Excel utilities for ITR-1 and ITR-4, widening the return filing options available to taxpayers for FY 2025-26.

ITR-2 is meant for individuals and Hindu Undivided Families (HUFs) who do not have income from business or profession. The form is generally applicable to salaried individuals, pensioners and taxpayers earning income from capital gains, multiple house properties or other sources such as interest and dividends.

Taxpayers can use either the online filing facility available on the income tax e-filing portal or the offline Excel utility to submit their returns.

However, individuals and HUFs having income from profits and gains of business or profession are not eligible to file returns using ITR-2 and are required to opt for other applicable forms.

Documents generally required for filing ITR-2 include Form 16, Form 16A, Form 26AS, bank statements, capital gains statements, house property details and proofs for deductions claimed under sections such as 80C, 80D and 80G.

The due date for filing income tax returns for FY 2025-26 (AY 2026-27) for taxpayers not requiring audit is July 31, 2026.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *