ITR-2
For individuals and HUFs with income from salary, multiple house properties, capital gains, or foreign assets, but no business or professional income.
Who files it
Individuals and HUFs who exceed ITR-1's scope on capital gains, house property count, or foreign holdings, but do not have business or professional income.
Frequency
Annual
Due date
31 July, after the financial year ends (non-audit cases)
Filed with
Income Tax e-filing portal
A large share of salaried professionals with equity or mutual fund investments end up needing ITR-2 rather than ITR-1, simply because any capital gain, however small, takes them out of ITR-1's scope.
It also covers income from more than one house property and foreign asset or income disclosure (Schedule FA), which is mandatory for residents holding foreign bank accounts, shares, or other assets, regardless of the amount involved.
This is a quick-reference summary, not a filing walkthrough. Due dates shown are the statutory defaults and can be extended in practice; applicability depends on your specific registration, turnover, and entity type. For general informational purposes only, not professional tax or legal advice.