Last Updated: June 2026 — FY 2025-26 (AY 2026-27)
ITR-2 is used by individuals and HUFs who have income beyond salary and cannot use ITR-1.
Who Should Use ITR-2 for FY 2025-26?
- Income exceeding Rs. 50 lakh
- Capital gains from shares, mutual funds, or property
- More than one house property
- NRIs with India-sourced income
- RNOR (Resident but Not Ordinarily Resident)
- Foreign income or foreign assets
- Directors of companies or holders of unlisted shares
- Agricultural income above Rs. 5,000
Key Sections in ITR-2
- Schedule CG — Capital Gains (STCG and LTCG separately)
- Schedule HP — House Property income for multiple properties
- Schedule FA — Foreign Assets disclosure
- Schedule FSI — Foreign Source Income
- Schedule TPSA — Transfer Pricing for specified assets
ITR-2 deadline: 31 July 2026 for individuals not requiring audit.
I have question about E-filing ITR 2. I efiled my tax return recently but only ITR-1 and ITR 4s option ware available so I submitted ITR-1 online. However I was suppose to submit ITR- 2. But there is no option to efile ITR 2. I guess I was suppose to upload the form and fill it separately. How do I rectify my mistake- changing ITR 1 to ITR-2. And why ITR-2 option not available in quick efile option. It will be much more easier to file. Thank you
What is the reason that you say that you have to file ITR 2