ITR Form 2 is for Individuals and HUF receiving income other than income from “Profits.
Select Package
ITR 2 is for the use of an individual or a Hindu Undivided Family (HUF) whose total income for the AY 2020-21 includes:
Income from Salary/Pension;
Income from House Property;
Income from Other Sources (including Winnings from Lottery and Income from Race Horses).
(Total income from the above should be more than Rs 50 Lakhs)
If you are an Individual Director in a company If you have had investments in unlisted equity shares at any time during the financial year
Being a resident not ordinarily resident (RNOR) and non-resident Income from Capital Gains; Foreign Assets/Foreign income Agricultural income more than Rs 5,000 Further, in a case where the income of another person like one’s spouse, child etc. is to be clubbed with the income of the assessee, this Return Form can be used where such income falls in any of the above categories.