rohith
asked
Hi Friends, I am Rohith. I am preparing for CA exam. Can I know, Who can use ITR - 2?
0
0
Answer Now
Comment
Report
6
Answers
acharya
answered
Hi,
• Income from Salary / Pension; or
• Income from House Property; or
• Income from Capital Gains; or
• Income from Other Sources (including winnings from lottery and income from race horses).
Important Note – Preparing for CA Final?
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better.
Watch Sample Video Now by clicking on the link(s) below –
For any questions Request A Call Back
narahari
answered
• Income from Salary / Pension; or
• Income from House Property; or
• Income from Capital Gains; or
• Income from Other Sources (including winnings from lottery and income from race horses).
HIMANSHU
answered
ITR2 form can be filed by an Individual or Hindu Undivided Family (HUF). This form can be used if you have;
• Salary or Pension Income
• Income under the head ‘Capital Gains’
• Income from multiple houses
• No business income
• An asset in foreign country or income from a source outside India
•Agricultural income of more than Rs 5,000
•Income from lottery or horse racing
Pushkala Santhanam
answered
Form ITR 2 is for Individuals & HUF not having income from Business or Profession.
Therefore, individuals & HUFs having -
1. Income from Salary,
2. Income from House Property,
3. Capital Gains
4. Income from other sources.
can use the ITR 2 for filing their returns.
jitendra etikala
answered
ITR2 form can be filed by an Individual or Hindu Undivided Family (HUF). This form can be used if you have;
1. Salary or Pension Income
2. Income under the head ‘Capital Gains’
3. Income from multiple houses
4. No business income
5.An asset in foreign country or income from a source outside India
6.Agricultural income of more than Rs 5,000
7.Income from lottery or horse racing
ARJUN PRATAP SINGH
answered
Dear Friend,
as far as your query is concerned that Who can use ITR - 2?
Let me informed that Return Form ITR - 2 can be used by an individual or a Hindu Undivided Family whose total income for the year includes:
• Income from Salary / Pension; or
• Income from House Property; or
• Income from Capital Gains; or
• Income from Other Sources (including winnings from lottery and income from race horses).
Further, in a case where the income of another person like spouse, minor child, etc., is to be clubbed with the income of the taxpayer, this Return Form can be used if income to be clubbed falls in any of the above categories.
Hope answer was helpful to you
Regards,
Arjun Pratap Singh
