The Income Tax Department has introduced an updated Excel-based utility for ITR-2, released on March 25, 2025.
This utility is designed to simplify the filing process for individuals and Hindu Undivided Families (HUFs) who do not have income from business or profession.
The due date for filing ITR-2 for AY 2025-26 (for non-audit cases) is July 31, 2025.
If missed, a belated return can be filed until December 31, 2025, though penalties and interest may apply.
The Income Tax Department has introduced an updated Excel-based utility for ITR-2, released on March 25, 2025, to simplify the filing process for individuals and Hindu Undivided Families (HUFs) without business or professional income.¹ *Key Dates for ITR-2 Filing:* - *Due Date*: July 31, 2025, for non-audit cases - *Belated Return*: December 31, 2025, with possible penalties and interest *Important Considerations:* - *Eligibility*: ITR-2 is for individuals and HUFs without business or professional income - *Revised Returns*: Taxpayers can file revised returns within a specified timeframe - *Penalties*: Late fees and interest may apply for delayed filings² *Additional Resources:* - Income Tax Department website for utility downloads and guidelines - Tax professionals for personalized advice and assistance
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