New Excel-Based Utility

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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.


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