ndsadvisors.com

ITR-2 Return Filing Services

ITR-2 is applicable for individuals and Hindu Undivided Families (HUFs) who have income from multiple sources including capital gains, foreign income, or more than one house property. At N D Savla & Associates, we ensure accurate and compliant filing of ITR-2 with expert handling of complex tax situations.

Ideal for taxpayers with capital gains, multiple properties, foreign assets, or high-value investments.

Who Can File ITR-2?

  • Individuals and HUFs without business or professional income
  • Income from capital gains (shares, mutual funds, property)
  • Income from more than one house property
  • Foreign income or ownership of foreign assets
  • High-value investments or transactions

Who Cannot File ITR-2?

  • Individuals with business or professional income (use ITR-3)
  • Presumptive income taxpayers (use ITR-4)

Our ITR-2 Filing Services Include

  • Capital gains calculation (short-term & long-term)
  • Property sale and real estate tax computation
  • Foreign income and asset reporting
  • Dividend and investment income reporting
  • Verification of AIS/TIS and Form 26AS
  • Accurate filing and compliance support

Simple Steps to File ITR-2

1. Share Documents

Capital gains statements, bank details, investment proofs.

2. Data Analysis

We review income sources and tax implications.

3. Tax Computation

Accurate calculation including exemptions and deductions.

4. Filing & Submission

ITR filed correctly with compliance checks.

5. E-Verification

Completion via Aadhaar OTP or EVC.

Benefits of Filing ITR-2 on Time

  • Avoid penalties and scrutiny notices
  • Proper reporting of capital gains and foreign assets
  • Faster refund processing
  • Compliance with tax laws and regulations

Frequently Asked Questions

Who should file ITR-2?

Individuals with capital gains, multiple properties, or foreign income should file ITR-2.

Can ITR-2 be filed for salary income?

Yes, along with salary, it can include capital gains and other income sources.

Is foreign asset disclosure mandatory?

Yes, all foreign assets and income must be reported in ITR-2.

How long does it take to file ITR-2?

Usually 1–3 working days depending on complexity.