ITR-2 and ITR-3 Excel Utilities Released for AY 2025-26: Know What is New

ITR-2 and ITR-3 Excel Utilities Released for AY 2025-26: Know What is New

As the income tax return (ITR) filing season for the financial year 2024-25 is already here, many people have been waiting for all the ITR forms to be available. The Income Tax Department had already released the ITR forms like ITR-1 and ITR-4. However, those taxpayers having income from business or profession, capital gains income, etc., were still waiting for the release of Excel Utilities for ITR-2 and ITR-3. These taxpayers include professionals, freelancers, partners in firms, and individuals.

Finally, after a long time, the wait is over. The department has now released the Excel utilities for ITR-2 and ITR-3 for Assessment Year 2025-26. This has provided relief to the taxpayers having capital gains, business income, income from multiple properties, etc., who were unable to file their returns.