Online ITR-2 filing enabled with pre-filled data:
Income taxpayers with capital gains, crypto, other incomes can now file ITR-2 online
Jul 18, 2025
Synopsis
ITR 2 filing start date: The Income Tax Department has enabled online filing for ITR-2. Taxpayers with capital gains and crypto income can now file returns. The e-filing portal has pre-filled data for convenience. The extended deadline for FY 2024-25 is September 15, 2025. ITR-2 is applicable for individuals and HUFs with various income sources. Key updates include capital gain splits and enhanced deduction reporting.Know more.
On July 18, 2025 the Income Tax Department enabled online filing of ITR-2 form. This means that all taxpayers including salaried individuals who have taxable capital gains, crypto income, and more can begin filing their income tax returns (ITRs) online via the e-filing ITR portal starting today.
The extended ITR filing deadline for FY 2024-25 (AY 2025-26) is September 15, 2025. Previously only ITR-1 and ITR-4 were released (both online and excel utility) which enabled a limited set of taxpayers with specified income classifications to file their ITR. However for ITR-3 form, only the excel utility is enabled, the online utility is yet to be enabled.
The Income Tax Department said on X (formerly Twitter): “Kind Attention Taxpayers!Income Tax Return Form of ITR-2 is now enabled for filing through online mode with pre-filled data at the e-filing portal. Visit: https://incometax.gov.in/iec/foportal/”
Who needs to file ITR-2 for AY 2025-26 (FY 2024-25)?
According to chartered accountant Abhishek Soni, co-founder, Tax2Win, ITR-2 is for individuals or a HUF (Hindu Undivided Family) whose income includes:
Income from salary or Pension
Income from House Property(one or more)
Income from other sources, including income from winning a lottery, income from owning and maintaining horse races, or income taxable at special rates.
Persons who had investments in unlisted equity shares at any time during the entire financial year.
An individual who is a director in a company.
An individual who is a Resident(ROR/RNOR)or non-resident.
Income earned from capital gains
Income from foreign assets/ other foreign income.
Agricultural income of more than Rs 5,000/-
Incomes where clubbing provisions are applicable
Individuals having a financial interest in assets located outside India, which includes any signing authority for accounts held outside India.
One who desires to carry forward or bring forward loss under income from house property.
Any tax has been deducted under Section 194N
What are the key updates to ITR-2 for FY 2024-25 (AY 2025-26)?
The key updates to ITR-2 form include the following:Schedule-Capital Gain split for gains before/ after July 23, 2024 (post changes in Finance Act, 2024)
Capital loss on share buyback allowed if corresponding dividend income is shown as income from other sources (post 01.10.2024)
Asset & liability reporting limit raised to Rs 1 crore of total income
Enhanced reporting for deductions [80C,10(13A)], etc.
TDS section code to be reported in Schedule-TDS.
What documents do I need to file ITR-2?
According to the Income Tax Department website, here’s what you need to file ITR-2 form:
If you have salary income, you need Form 16 issued by your employer.
If you have earned interest on fixed deposits or savings bank account and TDS has been deducted on the same, you need TDS certificates i.e., Form 16A issued by Deductors.
You will need Form 26AS to verify TDS on salary as well as TDS other than salary. Form 26AS could be downloaded from the e-Filing portal.
If you are living in rented premises, you need rent paid receipts for calculation of HRA (in case you have not submitted the same to your employer).
If you have any capital gains transactions in shares, you will need a summary or profit / loss statement of capital gain transactions of shares or securities during a year, if any, for computation of capital gain.
You will need your bank passbook, Fixed Deposit Receipts (FDRs) to calculate the amount of interest income.
If you have received rent from your rented house property, then you will need your tenant / local tax payment / interest on borrowed capital details (if any) to calculate income from house property.
In case you want to claim any loss incurred during the current year, then you will need the relevant documents exhibiting the loss.
In case you wish to claim previous year’s loss, you will need a copy of ITR-V pertaining to the previous year, disclosing the said loss.
You will also need documents or proofs for claiming tax saving deductions u/s 80C, 80D, 80G, 80GG such as life and health insurance receipts, donation receipts, rent receipts, receipts for tuition fees etc., if the same were not considered in your Form 16.
[The Economic Times]
