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ITR 2 form is an important form income tax return form used by Indian citizens as well as NRIs to file returns with the Income Tax Department of India. Taxpayers who are not eligible to file ITR 1 can file ITR 1 for filing an income tax return.
Who can file Form ITR-2?
ITR Form 2 can be filed by Individuals and HUFs who are not eligible to file ITR-1 for deriving income from “Profits and gains of business or profession”. Thus individuals coming from the following sources are eligible to file Form ITR 2:
- Income from Salary/Pension
- Income from house property (can be from more than one house property)
- Income from Capital gains
- Income from other sources (lotteries, other gambling, and horse bets)
- Foreign Assets/Foreign Income
- Agricultural income of more than Rs.5000
- A resident is not an ordinary resident and an NRI.
- Also, directors of any company and any person investing in unlisted equity shares of any company should file their return in ITR-2.
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How Company is Different?
Diverse Platforms, Systems & Tools Expertise
Company’s IT specialists are adept at both legacy and new-age platforms, systems and tools. We, thereby, comprehend client requirements easily and swiftly devise tools and strategies to mitigate client problems
Huge Technical Proficiency
Company employs IT professionals with specialties across languages and technologies. We are, therefore, in a constant state of readiness to deploy suitable IT experts to specific client needs
Wide Industry Base
We have clients across a wide range of industries and regions around the globe. This has given us the experience and insights into the unique considerations of different organization, thereby building our best practices compendium
Swift Design & Implementation
At Company, our team of IT specialists are quick in requirement assessment, design and implementation. Backed by adequate tests and comprehensive documentation, we offer a safe net to enterprises, shortening the time-to-operate and optimizing the resources
Our IT specialists are available for round-the-clock support and maintenance services. With Company, you experience no downtime!
Cost-Arbitrage with Cost-Efficiencies
At Company, we follow flexible pricing models that take into consideration client needs and limitations. Our tailor-made pricing enables our clients to effect cost efficiencies with a huge margin. At the same time, our price-points fit in easily with client’s digital transformation budgets
It is always a pleasure to learn that the work we do has positively impacted our clients and that they are happy to share their experiences.
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