ITR-2
The ITR 2 form should be used by Individuals/ HUF who have Income from Capital Gains or Salary / Other Income more than 50 Lacs.
The ITR-2 form is applicable for the following:
- Individuals who earn income through salary or pension above 50 Lacs
- Individuals who earn income from more than one housing property
- Individuals who have Capital Gains income from sale of Shares/ property etc.
- Individuals who own any assets or property in countries other than India
- Individuals who earn income from any country outside India
- Individuals who do not earn any income from any business/ profession
- Individuals who are partners in a Partnership Firm.