The ITR-2 is filed by the people or Hindu Undivided Families who do not have income from profit or gains of business or profession and to whom ITR-1 is not applicable. ITR2 form is to be filed by the people who do not have income from the profits and gains of their business or profession, and who cannot file an ITR-1. ![]() ![]() Prominent modifications in ITR 2 for AY 2020-21.Prominent modifications in ITR 2 for AY 2021-22.Individuals ineligible to file ITR 2 for AY 2020-21 and AY 2021-22?.Eligibility Criteria to file ITR 2 for AY 2020-21 and AY 2021-22?.URL for Downloading the ITR 2 Form for AY 2021-22.Here is the list of the points we cover in this article: This article will guide you to file your ITR2 in a step-by-step format. Based on your eligibility and in accordance with the guidelines set by the income tax department, the ITR-2 is one form that must be completed during the filing of taxes. According to the category an assesses falls into, an assessment must be filled out and submitted in a variety of ways. ![]() A person or HUF without any business or profession is required to file the ITR-2 Form.Ĭitizens of India and non-resident Indians use ITR-2 forms to file their income tax returns with the Income Tax Department of India. Since taxpayers have different income categories, they have to fill out different forms of Income Tax Returns. Using a variety of factors to ensure easy compliance with income taxes, the income-tax department categorizes taxpayers based on their income and source of income and subsequently, lets them file their Income Tax Returns ( ITR). The department has notified 7 diverse forms which are ITR 1, ITR 2, ITR 3, ITR 4, ITR 5, ITR 6, and ITR 7. ![]() Income Tax Return (ITR) is a form in which the taxpayers file information about his income earned and tax applicable to the income tax department.
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