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Income Tax Department Rolls Out ITR-2 and ITR-3 Filing Utilities After 100-Day Delay

The launch lets affected taxpayers submit returns ahead of the September 15 due date with utilities for corporate and trust forms still in development.

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Overview

  • Excel and online e-filing utilities for ITR-2 and ITR-3 went live on July 11, enabling individuals and HUFs with capital gains, crypto income or business earnings to file for AY 2025-26.
  • The Central Board of Direct Taxes extended the non-audit return deadline to September 15, 2025 and set an October 31 deadline for cases requiring audit to accommodate extensive form revisions.
  • Revised forms mandate separate reporting of capital gains before and after July 23, 2024, raise the asset-liability disclosure threshold to ₹1 crore and require detailed TDS section-code reporting.
  • A roughly 100-day delay in releasing the utilities has compressed the remaining filing window and prompted warnings from experts about potential errors and refund holdups.
  • Excel utilities for ITR-5, ITR-6 and ITR-7 remain pending as the department finalises system readiness and integration with the Annual Information Statement.