Taxpayers Can Now File ITR-2 Online with Pre-filled Data

The most recent announcement by the Income Tax Department on enabling the online filing for ITR-2 form was laid out for the Indian taxpayers on 18 July, 2025.

This initiative is the beginning to streamline the entire process, meaning all the taxpayers including salaried individuals who have taxable capital gains from Mutual Funds, crypto income can now begin to fill their income tax returns (ITRs) online using the e-filing ITR portal as of today.

Did this got you wondering, "What is the last date to file ITR for FY25?” Well, note this down that the extended ITR filing deadline for FY2024-25 (AY 2025-26) is September 15, 2025.

However, this new ITR-2 will take away the limitation that the taxpayers faced in ITR-2 and ITR-4 with specified income classification.

Point to Remember: The ITR-2 is applicable for individuals and HUFs with various income sources.

The Income Tax Department posted on X, "Kind attention taxpayer. Income tax returns form of ITR-2 is now live for filing through online mode with pre-filled data at the e-filing portal."

Who Needs to File ITR-2 for AY 2025-26 (FY 2024-25)?

The ITR-2 is for individuals or Hindu Undivided Families (HUFs) whose income includes any of the following:

Income from salary or pension
Income from one or more house properties
Income from various other sources, such as lottery winnings, income from horse races, or income taxed at special rates
Investments in unlisted equity shares during the financial year
Being a director in a company
Income earned from capital gains
Foreign income or assets
Agricultural income over Rs 5,000
Incomes where clubbing provisions apply
Financial interest in assets outside India, including signing authority for foreign accounts
Carrying forward or bringing forward loss under income from house property
Tax deducted under Section 194N

Also Read: What is Tax Planning: Objectives, Types & Importance

Key Updates to ITR-2 for FY 2024-25 (AY 2025-26)

The ITR-2 form has a few important updates for FY 2024-25:

Capital Gains Split
Capital gains will now be split based on whether they occurred before or after July 23, 2024 (due to changes in the Finance Act, 2024).

Capital Loss on Share Buyback
You can claim a capital loss on share buyback if the corresponding dividend income is shown under "Income from Other Sources" (post 01.10.2024).

Asset & Liability Reporting
If your total income exceeds Rs 1 crore, you will need to report your assets and liabilities.

Enhanced Reporting for Deductions
There is a more detailed reporting for deductions under sections like 80C and 10(13A).

TDS Reporting
You will need to report the TDS section code in Schedule-TDS.

Don’t Miss Out: Learn in 5 Simple steps about how to calculate tax on salary.

What Documents Are Needed to File ITR-2?

Here’s what you need to file ITR-2:

Salary Income
Form 16 that is issued by your employer.

Interest Income (TDS Deducted)
TDS certificates (Form 16A) from deductors.

TDS Verification
Form 26AS to verify TDS on both salary and other income. You can download this from the e-Filing portal.

Rent Paid (HRA)
Rent receipts if you want to claim HRA and haven’t already submitted them to your employer.

Capital Gains
Summary or profit/loss statement for any capital gains from shares or securities.

Interest Income
Bank passbook and Fixed Deposit Receipts (FDRs).

Income from House Property
Details of rent received, local taxes paid, and interest on borrowed capital.

Claiming Losses
Documents to show any loss incurred during the year.

Previous Year’s Loss
Copy of ITR-V from the previous year to claim a carry-forward loss.

Tax-Saving Deductions
Proofs for deductions under sections 80C, 80D, 80G, 80GG (like insurance receipts, donation receipts, rent receipts, tuition fees receipts).