Earendil Business Services | ITR-2 Registration

Individuals Eligible to file ITR-2 Sahaj Form

For efficient tax planning and filing, you have come at the right place.The ITR-3 Form can be used for income tax filing by those Individuals and Hindu Undivided Families who have income from carrying on a profession or from Sole Proprietor business.

Why register with Earendil

  • Our Chartered Accountant will be guiding you through the process. He/she will be your single point of contact for registration assistance and for all other services that we offer.
  • Our motto is “You only do what you do best; to us, leave the rest”. We assure that once we start our relationship, you wouldn’t have to think about the areas which we handle.
  • We ensure that we structure your income for filing to ensure that you save tax.
  • Quick and simple process with tax planning for the next year complimentary.

Documents required for filing income tax returns under ITR 2 Form

  • Form-16
  • Salary Slips
  • Interest certificates from Post Offices & Banks
  • Form 16A/16B/16C
  • Form 26AS
  • Tax-Savings Investment Proofs
  • Deductions under Section 80D to 80U
  • Home Loan statement from NBFC/Bank
  • Capital Gains
  • Aadhar Card

Individuals Eligible to file ITR 2 Form

ITR-2 must be filed by individuals and HUFs who are not eligible to file ITR-1 Sahaj form, because of following reasons:
  • Income exceeds Rs. 50 Lakhs
  • Owns foreign assets / income
  • Having agricultural income which is more than Rs. 5,000,
  • Having taxable capital gains
  • Getting income from business or profession as a partner
  • Owns more than one house property

Individuals ineligible to file ITR 2 Form

  • ITR-2 form should not be filed by any individual who has income under the head of Business or Profession from a proprietorship. ITR-2 form can also not be filed by a company or LLP or other types of legal entity.