ITR-2 · Panaji, Goa

ITR-2 Return Filing

Precise ITR-2 filing for individuals and HUFs in Goa with capital gains, multiple properties or foreign assets — correct gain computation, schedule reporting and on-time e-filing that keeps you compliant and notice-free.

Overview

ITR-2 — for income beyond a simple salary.

ITR-2 is for individuals and HUFs who do not have income from business or profession but have income that is too complex for Sahaj — such as capital gains, more than one house property, foreign income or assets, RNOR/non-resident status, or being a company director.

We compute capital gains on shares, mutual funds and property with correct indexation, grandfathering and set-offs, complete the foreign asset and income schedules accurately, and reconcile everything with your AIS and 26AS. If you also have business income, we move you to ITR-3.

What's covered

What we handle in your ITR-2.

Full reporting for capital gains, property and foreign assets.

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Capital gains computation

Short and long-term gains on shares, mutual funds, property and other assets, with indexation and grandfathering.

Multiple house properties

Income from more than one property, with interest and set-off of house property loss.

Foreign income & assets

Schedule FA and FSI reporting for foreign assets, income and any treaty relief under Section 90/91.

Residential status

Correct treatment of resident, RNOR and non-resident taxpayers and their taxable income.

Loss set-off & carry-forward

Adjustment and carry-forward of capital and house property losses across years.

Filing & e-verification

Accurate online filing with all schedules and prompt e-verification.

Our process

Your ITR-2 filing, step by step.

01

Share statements

Send capital gains, property, foreign asset and income details.

02

Gain & schedule prep

We compute gains and complete the relevant schedules.

03

Reconcile & review

Match with AIS/26AS and review the computation with you.

04

File & e-verify

File on the portal and e-verify before the due date.

Frequently asked questions

ITR-2, answered.

Who should file ITR-2?

ITR-2 is for individuals and HUFs who do not earn income from a business or profession but have income from capital gains, more than one house property, foreign income or foreign assets, or who are non-resident or RNOR, directors in companies, or hold unlisted equity shares.

What is the difference between ITR-1 and ITR-2?

ITR-1 is a simple return for resident salaried individuals with income up to ₹50 lakh and one house property. ITR-2 covers more complex situations such as capital gains, multiple properties, foreign assets and non-resident status, but still excludes business or professional income.

How are capital gains reported in ITR-2?

Capital gains are computed separately as short-term or long-term for each asset class — listed shares, mutual funds, property and others — applying indexation, grandfathering and the correct tax rates. We prepare the capital gains schedule and set off eligible losses.

Do I need to report foreign assets in ITR-2?

Yes. Residents holding foreign bank accounts, shares, property or other assets, or earning foreign income, must disclose them in Schedule FA and Schedule FSI. Non-disclosure can attract serious consequences, so we report them accurately and claim treaty relief where available.

Can I claim losses in ITR-2?

Yes. Capital losses and house property losses can be set off against eligible income and carried forward to future years, provided the return is filed on time. We ensure correct set-off and carry-forward so you do not lose the benefit.

What documents are required for ITR-2?

Typically Form 16, capital gains statements from brokers and mutual funds, property sale and purchase documents, foreign asset and income details, bank interest certificates, Form 26AS and AIS, and deduction proofs. We share a checklist based on your income.

What is the due date for filing ITR-2?

For individuals not requiring an audit, the due date is generally 31 July of the assessment year. Filing late may attract a fee under Section 234F and disallow certain loss carry-forwards, so we file well ahead of the deadline.

How do I file ITR-2 in Goa with your firm?

Book a free consultation and share your capital gains, property and foreign asset details. We compute your gains, complete every schedule, reconcile with AIS/26AS, and file and e-verify your ITR-2 on time on a transparent fixed fee.

Capital gains this year? File ITR-2 right.

Book a free consultation with a qualified Chartered Accountant in Goa. We'll compute your gains correctly and file your ITR-2 on time — no obligation.