Particle.news
Download on the App Store
6 ARTICLES
·
17h ago

ITR-2 and ITR-3 E-Filing Tools Go Live After 100-Day Delay

Salaried, capital gains and business taxpayers can now file returns ahead of the September 15 deadline with tools for other forms still under development

Image
Image
Image
Image

Overview

  • On July 11, the Income Tax Department released Excel and online utilities for ITR-2 and ITR-3 after a 100-day wait, expanding digital filing beyond ITR-1 and ITR-4
  • ITR-2 caters to individuals and HUFs with income from salary, multiple properties, capital gains, foreign assets or dividends over ₹10 lakh
  • ITR-3 serves individuals and HUFs with business or professional income, including traders, freelancers and partners reporting balance sheets and profit and loss accounts
  • Experts warn that the condensed timeline for using the newly activated tools heightens the risk of filing errors and may delay tax refunds
  • The non-audit filing deadline is September 15, 2025, and audit-mandatory returns must be submitted by October 31, 2025, while utilities for ITR-5, ITR-6 and ITR-7 remain pending