What are the key income sources that require Indian citizens to file ITR-2?
- 351
- 8
-
- Last Comment
I had multiple income sources:
salary from job, rental income from property, and gains from stock investments.
- Sort By
If you have sold any of your stock investments then only ITR 2
Realized Capital Gains (stocks, mf, gold, property, other kinds), income from 2nd or more property are common reasons one has to file itr2, speculative income like intraday, then itr3, FnO then as business income as itr4 maybe...
If FnO or business income and want to file taxes under presumptive taxation scheme (declaration of profit min 6% of turnover and no need to maintain book of accounts) then only ITR 4, or else ITR 3
I have salary income and only purchase shares but not sold it... however i received divident too....
Do i need to file itr1 or 2??
I have got a couple of IPO from my brother and sister account. They are the students and don't have any income source.Do we need to file ITR for them Since after a few days sold those IPO?
Can anyone guide me?
You need to file ITR2 in case if you have short or long term capital gains, foreign income, carry forward losses etc..