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ITR-2 FILLING
Who is eligible to file ITR
2 for AY 2019-20?
ITR Form 2 is for Individuals and HUF receiving income other than income
from “Profits and Gains from Business or Profession”. Thus persons having
income from following sources are eligible to file Form ITR 2:
A Director of listed and unlisted companies will be required to file
their returns in ITR-2.
Income
from Salary/Pension
Income
from House Property (Income Can be from more than one house property)
Income
from Capital Gains/loss on sale of investments/property (Both Short Term and
Long Term)
Income
from Other Sources (including winning from Lottery, bets on Race Horses and
other legal means of gambling)
Foreign
Assets/Foreign Income
Agricultural
Income more than Rs 5000
Resident
not ordinarily resident and a Non-resident
Who cannot file ITR 2 for AY 2019-20?
· Any
individual or HUF having income from Business or Profession
· Individuals
who are eligible to fill out the ITR-1 Form