Filing ITR-2 Online? Check Eligibility & Key Changes First
18 Jul, 2025
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Taxpayers can file directly on the Income Tax Department's e-filing portal using pre-filled data, which saves time compared to the offline Excel version.
Online ITR-2 filing is now live
Many prefer it over the offline Excel utility as some details get filled in automatically, reducing manual work.
The online mode quicker & easier
Taxpayers can still use this to fill forms offline and then upload them on the portal if they prefer.
Excel utilities for ITR-2 released earlier
It's for individuals and Hindu Undivided Families (HUFs) who have income from salary, pension, more than one house, capital gains, or other sources — but not business or professional income.
Who should use ITR-2?
Taxpayers must now report long-term capital gains separately for periods before and after 23 July 2024 due to revised indexation and tax rate rules.
New capital gains rule
Anyone earning over Rs 1 crore must now declare their assets and liabilities. Earlier, this was only required if income crossed Rs 50 lakh.
Higher disclosure limit for assets
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