ITR 2 Form AY 2018-19 | How to efile ITR -2 | Filing ITR 2 Procedure

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In this article, we will discuss in detail about ITR 2 form i.e. procedure to fill, procedure to file online and answer your all queries related ITR-2 form. You can download ITR-2 form in Excel and Java utility along with instructions.

Who can File ITR-2? 

If you have the following incomes then you need to file ITR 2. The ITR 2 form is only for Individuals and HUF.

  • Income from Salary/Pension
  • Income from House Property (Even having more than one house property)
  • Income from Capital Gains (Short term or Long term) even losses
  • Income from other Sources
  • Agricultural Income More than Rs.5000

If you are eligible to file ITR-1 then you will not file ITR-2. Please read ITR-1 form detail here.

Confused! Which ITR form to file? Check here

Amendments in ITR 2 Form for A.Y. 2018-19

  1. The column of “Profit and Gains from Business and Profession” has been removed under Part B.
  2. The another column of Schedule – IF (Income from firm) and Schedule BP has also been removed. It means the individual having income from partnership firm need to file ITR-3 not ITR-2.
  3. Now RNORs and the non residents have to filed ITR-2 not ITR-1.

Amendments in ITR 2 Form for A.Y. 2017-18

  1. A new column inserted in ITR-2 “Income of Person as a Partner in a Firm or Association of Persons”. First it was in ITR-3 form.
  2. Now, you will have to declare the value of assets and liabilities above Rs.50 lakhs in schedule ‘AL’ of ITR-2 form
  3. From A.Y. 2017-18, you must mention Aadhaar number in ITR-2. If you have not Aadhaar card then apply it and mention Enrollment ID.
  4. A new column has inserted i.e. schedule ‘OS’ to declare unexplained credit or investment and dividend received from domestic companies above Rs. 10 lakhs.
  5. If you deposited Rs 2 lakh or more from 9th November 2016 to 30th December 2016 then you must fill the column of cash deposited during the demonetization period.

How to File ITR-2 Form for A.Y. 2017-18

You can file ITR-2 online or offline. Here is the complete procedure to file ITR-2 online or offline.

Procedure to file ITR-2 Online:

Filing the information in ITR-2 – Very Simple – Step by Step

Step 1Download ITR-2 Excel Utility
Step 2Fill all worksheets and schedules as applicable in ITR-2
Step 3Fill TDS detail worksheet
Step 4Fill all TCS detail worksheet
Step 5Fill taxes paid and verification worksheet of ITR-2 Form
Step 6Fill 80G donation detail worksheet
Step 7After filling all detail click on validate
Step 8After validation click on Generate XML
Step 9After XML generation, you are ready to file ITR-2

Now Procedure to e-File ITR-2 on https://incometaxindiaefiling.gov.in/

Step 1Visit here -> http://incometaxindiaefiling.gov.in/eFiling/
Step 2If you already registered then login
Step 3If you are not registered then click on register yourself
Step 4After login click on e-file
Step 5Then select assessment year and select ITR-2 here
Step 6Browse your XML file as generated above
Step 7Select digitally sign as Yes (if you have digital signature), if Not then select No
Step 8Click on Submit button
Step 9System will generate ITR-V, Print it
Step 10Send ITR-V to the address given in ITR-V
Step 11E-verify your return – Check here how to e-verify Income Tax Return

Offline Procedure to Fill and Submit ITR-2

You can file Income Tax Return in ITR-2 offline if you qualify the following conditions.

  1. If you have less than Rs.5 lakh income and don’t want to claim refund.
  2. If you are of the age of 80 years or more.

To file offline ITR-2, you have to fill ITR-2 schedules as applicable and deposit in your ward range income tax department office.

ITR-2 Schedules with Descriptions

PART A- GENERALPersonal Info., Filing StatusDetails of personal information and filing status
PARTB – TI – TTIPartB-TI ,PartB-TTI, VerificationComputation of total income, tax liability and details of income from salary
ITTax PaymentsDetails of Advance Tax and Self Assessment Tax Payments of Income-tax
TDSTax Payments (TDS1,TDS2,TDS3)Details of Tax Deducted/Collected at Source on Income
TCSTax Payments (TCS)Details of Tax Collected at Source [As per Form 27D issued by the Collector(s)]
SALARYSchedule SDetails of Income from Salary
HOUSE_PROPERTYSchedule HPDetails of Income from House Property
BPSchedule BPDetails of Income from Business
CGSchedule CGDetails of Capital Gains
OS Schedule OSIncome from other sources
CYLA-BFLASchedule CYLA, Schedule BFLADetails of Income after set-off of current years losses and Brought Forward Losses of earlier years
CFLScheduleCFLDetails of Losses to be carried forward to future Years
80GSchedule 80GDetails of donations entitled for deduction under section 80G
VIASchedule VIADetails of Deductions under Chapter VI-A
SPI – SI – IFSchedule SPI, Schedule SI, Schedule IFDetails of Income of specified person,  Income chargeable to Income tax at special rates and details of firm
EISchedule EIDetails of Exempt Income (Income not to be included in Total Income)
PTISchedule PTIPass Through Income details from business trust or investment fund as per section 115UA, 115UB
FSISchedule FSIDetails of Income accruing or arising outside India
TR_FASchedule TR, Schedule FASchedule TR Details of Tax Relief claimed under Section 90 or Section 90A or Section 91, Schedule FA Details of foreign assets
SCH5ASchedule 5AInformation regarding apportionment of income between spouses governed by Portuguese Civil Code
ALSchedule ALDetails of Assets and Liabilities

One should consider the last date/deadlines to file ITR-2 as delayed returns attracts penal interest according to income tax rules. Please refer Income Tax Obligation Calendar to check all the deadlines for A.Y. 2017-18.

Download ITR-2 Form (A.Y.2018-19)

UtilityVersionRelease DateDownloadInstructions
ExcelPR501-09-2018DownloadInstructions
JavaPR501-09-2018DownloadInstructions

Useful Guides to File ITR-2

Income Tax Slabs
Obligation to File Return
Computation of Total Income
Capital Gains Tax Rates
Cost of Inflation Index
How to Verify Income Tax Return
How to Send ITR-V to CVC
Which ITR Form Applicable to Me
How to File Income Tax Return Step by Step

 

 

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60 thoughts on “ITR 2 Form AY 2018-19 | How to efile ITR -2 | Filing ITR 2 Procedure

  1. Hello All,
    I have downloaded the Excel utility for ITR2 yesterday (22/07). The Part A General tab is greyed out and is a protected cell for input of the Aadhar No. I’m unble to proceed with the uploads as it mentions Aadhar is mandatory. Are the others facing the same issue? Any inputs to follow to get around this issue?

  2. Hello All,
    I have downloaded the Excel utility for ITR2 on 15-7-17. The Part A General tab is greyed out and is a protected cell for input of answer yes/no for Do you want to take benefet under section 115H…….and the Aadhar No. I’m unble to proceed with the uploads as it mentions Aadhar is mandatory. Are the others facing the same issue? Any inon puts to follow to get around this issue?

    • I also faced the same problem. please deselect and again select the status filed as individual these grey cells of UId and 15H will become green

    • Please deselect the status of filing and then again select it as “Individual” from drop down menu. Once its done, the grey cells of UID and 115H would get unprotected and you can enter the details. Thanks

  3. Hello All,
    I have downloaded the Excel utility for ITR2 yesterday (22/07). The Part A General tab is greyed out and is a protected cell for input of the Aadhar No. I’m unble to proceed with the uploads as it mentions Aadhar is mandatory. Are the others facing the same issue? Any inputs to follow to get around this issue?

  4. Form 26 AS showing no transaction present but account showing tds for 2015-16 RS3609 on diffrent TDR linked account in the main account of SBI badkulla br .11374.TAN CALS21057B my income is below the limit.how do i get back the amount. i applied to get FORM 16 on 11/7/2017.but branch manager won’t co operate with me now what can i do and who is the authority whom i pray.

  5. iTR2 has been fillled in excel and xml file prepared but it is not uploading the message is that the xml file is not in proper schma

  6. whether LTCG through sale of equities after one year of procurement are taxable? However under which schedule of ITR 2 ( EI or PTI or both) these are to be shown in returns?

  7. Sir i am finding difficulty in filing itr 1 in may 2015 i purchased a flat which was underconstruction and in dec 2015 i got the possession but from may to dec 2015 i paid pre emi so the total amount from may2015 to march 2016 is Rs.140356/-principal amount is Rs.10661/- and interest is Rs.129695/- stamp duty and registration Rs.52351/-total cost of flat is Rs.25lakhs including stamp duty and registration so my question is where should i take interest amount while filing itr 1 as well as proncipal and stamp duty amount also.Secondly can i claim for it if yes then what amount should i take principal,interest or stampduty and registration please help me with the amount detail.Waiting for your reply

  8. I have gratuity from my previous employer & they issued a separate form-16 for gratuity payment with zero tax deduction as per Sec. 10 exempted income.

    Should I be filing ITR-1 or ITR-2?

  9. The calculation of tax payable in cell H34 of sheet PARTB_TI_TTI in ITR 2 utility seems faulty, as it does not calculate tax on J29.

  10. I have sold a plot in November 2016 which I purchased in 2001.
    and calculated the Long Term Capital gain as per the table and deposited the amount with a Longterm capital gain FD scheme with a nationalised bank in the month of April 16.
    How could it be filled in the form. Could it require any certificate, and could it be filled immediately or after few months ( ie. 17) ? Please clarify.

  11. Please clarify whether deposit in Post office Savings Scheme MISS is eligible for deduction under VIA

  12. pti schedule of itr 2 2016. i have only one house which is used for own residence. there is
    no any income out of that. how to fill this schedule.

  13. I have got income from H R Consultation,house property&interest from FDs. Pl advise:-
    1. Which ITR form to use.
    2.Under which columns show Dividend income/exemption.
    Regards.
    S.kumar.

  14. Hello
    I hv downloaded ITR-2 excel utility. However when after filling partly when I try to save the partly filled excel sheets , it is not getting saved. meaning when i open back no data is saved whatever was entered.
    This was not the case with earlier versions.

    Please clarify that whether saving is allowed or not in between or there is some different process to follow to save partly filled ITR-2.

  15. There seems to be a bug in the file. Sec 80D – maximum deduction is shown as as Rs. 20,000. How does one show the numbers if the eligible deduction is more than Rs. 20,000

  16. I sold one of my flat for rs1700000 in Feb 2015 I made this home in2005 raised a home loan rs 800000and balance approx 8to10lac from myself this is a four story building I had already sold three storey from time to time the balance I have one story my rental income is 402500 invest rs100000 on national highway authority insurance 50000 and 3640 interest 52036and repay principal amount 600000 Pl calculat my income tax thanks

  17. I have salary and bank interest income and want to show short term loss from shares investment. Kindly guide me as to which ITR form should I use? Also tell me the rules regarding taxability of income from mutual fund.

  18. Hamen apna zati ID Number aur Pasword bazreeya email inaiat kia jae take aainda FBR office jane ke bajae apna incom tax khud online kar sken.

  19. 1. I sold a Plot for Rs. 10,40,000/- Lac on 7.3. 2014, which I had purchased for Rs 64,000/- on 2/7/1998.
    2. I purchases a flat, for which I paid full amount of Rs 32,00,000/- on 14.03.2014. I took possession of flat on 19.06.2014, but its Registry is not yet done. Registry is expected by 31.03.2015.
    3. I sold a house, for Rs 25,00,000/- on 29.09.2014, which I had purchases for Rs 8,00,000/- on 28.04.2006.
    4. I have never reported any purchase/sale in my Income Tax Return.
    Kindly give your expert advice on the following points.
    1. Whether the 2 transactions carried out in March, 2014 should have been reported by me in my last IT Return which I filed in July, 2014 or nor? If, yes, what is the way out now?
    2. LTCG’s in the two sales I have done.
    3. Whether the purchase of flat made by me neutralizes all these LTCGs or not? If not, what should I do to save Tax.

  20. Income from other source (i,e, RD,FD, SB ) is to show in break-up figure or I have to show total of interest accured in the ITR-2 (Salaried Individual case)?

  21. I am a Pensioner having Other Income as Intt. on FDR,RD, SB, NSC. Deductions under Chapter VIA includes Health Checkup, Mediclaim and Intt. on NSC. For AY14-15, I filed ITR2 on 31st July 2014 calculating I.Tax as per Form16 and Statements of other income and Capital Gains/Losses. Now my empoyer traced mistake in Form-16 and advises me that the relief under 80D is Rs.5000/- maximum under Health check up which they had taken at the full amount of Rs.7,000/- Hospital Bills. I downloaded ITR-V but did not despatch it after receiving the intimation over phone from my employer. I had deposited Self-Assessed Tax on 26th July 2014 which exceeded total tax payable by over Rs.900/-. Now I want to submit Revised ITR-2. I am using ITR2 software provided by I.Tax Deptt. At the end of recalculation the software is charging penal intt for delayed submission of return under Section 139A. There is no place on the software to select Original Return or Revised Return. Pls advise me what should I do.

    • Hello Bisweshwar Ghosh, Yes you are right there are no option in ITR-2 for revised returns or rectify returns. Anyway don’t worry, Income Tax department has setup the options in its online portal. When you will login to your account to file ITR-2 again then it will tell you that you have already filed ITR-2. So you have to file revised return or cancel it. You can then tick the option to file revised return. It will solve your problem. Hope you will satisfy by it. If not then ask me again, I will look into again. Thanks

  22. I am filing my ITR form 2 in the java utility and here is my question with respect to filing the ITR2 form with interest income of my minor child.
    My SB interest – Rs. A < 2500
    My FD interest – Rs. B < 1500
    My Son's SB interest – Rs. C < 200
    My Son's FD interest – Rs. D. < 3200

    My Questions: 1) What amount should be filled in Schedule OS 1b (Interest Gross)?
    2) What amount should be filled in Schedule VI A .p (80TTA)?
    3) What amount should be filled in Schedule SPI (Income of Specified Person) against my son's name? Should it be a) Rs.D or b) Rs. D+ Rs. C or c) Rs. D+ Rs. C – Rs.1500

    Basic reason for asking above questions is:
    1) No matter what amount I fill for Q3, the tax amount is not getting changed.
    2) Where should I mention the Rs. 1500 deduction (or exemption) allowed for income of minor child.

  23. I filled ITR 2 and got the validation except for one issue for which I need help. I have declared STCG in transaction of share. I have not shown setting off loss against current year’s transaction or or carry forward loss. Under clause E of Capital Gains format at sl no ii shows short term capital gain as Rs 30730. This has not been validated with the remark “Total of quarterly break up in STCG 15% is less by Rs 30730”.
    Request help to resolve.
    Debasis Mallick
    25/07/2014

  24. I have downloaded the ITR2 utility from the Income Tax website. However, I do not find a “S” schedule. Is it a separate sheet or part of some other sheet?

  25. I want to download ITR-2 in EXCEL Utility for A.Y.2014-15, but your link is only for A.Y.2013-14. How can I obtain the Form I need?

  26. In ITR-2, under section of Computation of tax liability on total income section , 1a is Tax at normal rates on 15of Part B-TI, Is it the total income tax liability amount which is available in form 16?

    Second problem is under section 9, that is Interest payable? what is 234A, 234B, 234C?

    Third problem is related with section EI (Exempt Income), in this section again should i fill the same amount which i mentioned under section 80TTA for saving account?

    please suggest me.

  27. i have purchased a house. this is my 2nd house and i have taken home loan .this is my 2nd home loan. 1st one payment was completed . then after few months i have purchased 2nd home. now tell me which form is suitable for me.some one tole me form 2 is suitable for me. the deduction u/s 24 i got relief 24000 rupees from my salary. now i cannot understand where i mentioned 24000 deduction in for 2. please give me sugestion.

  28. I need to apply tax exempt for lta. Is itr2 correct? Should I attach travel proof while submitting itr?

  29. I downloaded ITR-2 Excel file but after opening the file Error ‘Compile Error in Hidden Module: Sheet 1’ appear while entering every field

  30. I want to download ITR-2 in EXCEL Utility for A.Y.2014-15, but your link is only for A.Y.2013-14. How can I obtain the Form I need?

  31. i downloaded the excel format and was filling the itr2 form.when i went into salary heading, it is saying that remove protection under unprotect sheet command and it is prompting for a password.how so i do it….please help…

    • I also faced the same problem, but could understand, the salary figure will be picked up from TDS-1 table for working tax liability. Strangely, income other than Salary has been picked up from TDS-2 table but not Salary amount. 2014_ITR2PRI.xls extracted from zipped Tr2 is also provided with system of generating XML file. But that also did not function. ITR2.xls is another excel form available for download and that has correctly assesses tax liability and outstanding tax has been paid as self assessment accordingly, but there is no facility for generating of XML file and therefore can not be uploaded against my PAN account. It appears upload is feasible only for ‘XML’ file. But this ‘xls’ file displays proper acknowledgement (TR5) file. What can be the remedy ? I can only send the Tr5 displayed duly signed if ‘XML’ file does not generate, ‘kkdutta58@gmail.com’

  32. If I have a MF TXN I have to file ITRFORM2. But in that under section “S” I have to enter Employer Name,Address,Pin Code no. when all I am getting is PENSION from PF Office Bandra,Mumbai. Please advise how I will enter the Pension data under “S” in ITR2?

  33. i am salaried person and getting HRA from my institute and that has been included in my total salary, where should i enter HRA amount in ITR-2 and that is lessed from my salary

  34. i am an resident-indian-individual. pl explain how much amount can i deduct in the category “interest on education loan”.

  35. i was reading on net that – person earning exempted income above 5000 cannot file ITR1, does it mean that Salary person earning exempted income above 5000 (ie. if HRA and other allowances are above 5000, which are exempt U/S 10) will file ITR2

      • still waiting for exact conclusion.. have inquired a lot and found both opinions in favor of itr 1 & 2. some are saying to be on safe side u can file 2. but i am still waiting for some good ans.

      • Is it sure that itr2 has to be filed if we have exempted incoe under section 10 around 50k? Also in itr2 excel utility I am not able to fill email address and mobile number(macros are enabled). How can I fill that?

    • You are required to fill ITR1 only. Exempt income is this case refers to Dividend Income etc, not the Salary Income component of HRA etc.
      Regards:
      CA Rajat Bhatla
      9871466326

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