Great News! Taxpayers Can Now File ITR-2 With Pre-filled Data

Great News! Taxpayers Can Now File ITR-2 With Pre-filled Data

The Income tax department typically introduces the services and online forms by April or May. But this time, the release was experienced with a delay. The ITR-1 and ITR-4 came in May, but ITR-2 and ITR-3 resources were made available over 100 days after the filing season started.

Here’s some great news for all the people waiting to file the income tax return (ITR) under Form ITR-2.

The Income Tax Department has finally launched ITR-2 for online filing with pre-filled data. Now it is way easier to file the returns for all the salaried taxpayers, homeowners with multiple properties, and people with capital gains because now they can file returns easily without downloading Excel files or struggling with manual uploads.

“Kind Attention Taxpayers! The Income Tax Return Form of ITR-2 is now launched and available for filing via online mode with pre-filled data at the e-filing portal.” The Income Tax Department shared an update on ‘X’ (Previously Twitter).

What’s new?

Previously, Only ITR-1 and ITR-4 were available for online filing. ITR-2 and ITR-3 Excel resources, though, were released last week after almost 100 days of delay. Taxpayer now will have access to file ITR-2 return online with pre-filled data. Earlier, it was a time-consuming process and most people just wanted to get their taxes done faster and with accuracy.

But now, with new developments:

• You can now file a return directly on the e-filing portal.
• Your details will be auto-filled from Form 26AS, AIS, PAN, and TIS.
• No more Excel forms or JSON generation needed.

Who must file ITR-2?

ITR-2 must file by individuals and Hindu Undivided Families (HUFs) who have:-

• Income from salary or pension more than 50 Lakhs
• Own more than one house property
• Earned capital gains (like from property sales or shares)
• Foreign assets/income (but no income from business or profession)

Who must file ITR-3?

ITR-3 is still pending for online filing. ITR-3 is for individuals who:-

• Earn income from business or profession, including: Freelancers or consultants, Traders (including stock/crypto traders)
• and individuals with foreign assets or complicated income structures.

Why did it experience a delay?

The tax department typically introduces the services and online forms by April or May. But this time, the release was experienced delays. The ITR-1 and ITR-4 came in May, but ITR-2 and ITR-3 resources were made available over 100 days after the filing season started.

Because of this delay, the government extended the ITR filing deadline for FY 2024-25 (Annual year 2025-26) from July 31 to September 15,2025.

For crores of taxpayers with slightly more complex income sources, like salaried employees who sold stocks or real estate, the major inconvenience was the lack of ITR-2 filing resources with pre-filled data.

This new update gives everyone a faster, smoother and less stressful self-service option/experience.