Who can use ITR – 2?
ITR 2 is to be used by an individual or an Hindu Undivided Family who is not eligible to file Sahaj ITR-1 and whose income chargeable to income-tax under the head “Profits or gains of business or profession” is in the nature of interest, salary, bonus, commission or remuneration, by whatever name called, due to, or received by him from a partnership firm.
Further, in a case where the income of another person like spouse, minor child, etc., is to be clubbed with the income of the taxpayer, this Return Form can be used if income to be clubbed falls in any of the above categories.
ITR 2 For Individuals and HUFs not carrying out business or profession under any proprietorship
Who cannot use ITR – 2?
Return Form ITR – 2 cannot be used by an individual whose total income for the year includes income from Business or Profession under any proprietorship.
Who can use ITR – 3?
Form ITR – 3 can be used by an individual or a Hindu Undivided Family who is carrying on a proprietary business or profession.