Income tax Return 2

For Individuals and HUFs not having income from profits and gains of business or profession .

Note 2:-   Who will have to file ITR 2 instead on ITR 1 :-  

•  Income more than 50 L .    
• Agricultural Income more than Rs.5000/-.
• Income from capital Gains (Sales of share , property and other movable assets).
• Income from more than one House property
• Income For other than resident and other than Business.
• Individual who is either Director in a company or has invested in Unlisted Equity Shares.

To know more understand the difference between Income tax return 1 and 2 please check our video