For salaried individuals with capital gains, NRIs, or income above ₹50 lakh
ITR-2 is required for individuals and HUFs without business income who have capital gains, foreign income, NRI status, income above ₹50 lakh, or are directors of a company. It includes Schedule CG for capital gains reporting and Schedule 112A for scrip-wise LTCG disclosure.
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Filing deadline
July 31, 2026 (non-audit individuals)
Who should file ITR-2
Resident individuals and HUFs
Non-Resident Indians (NRIs) with Indian income
Total income exceeding ₹50 lakh
Income from salary, house property, capital gains, other sources
Capital gains from equity (STCG at 20%, LTCG at 12.5%), property, gold, debt MF
Crypto/VDA income (Schedule VDA)
Foreign income or foreign assets (Schedule FA)
Directors of any company
Individuals holding unlisted equity shares
ESOP/RSU income (perquisite + capital gains on sale)
Who CANNOT use ITR-2
Individuals with income from business or profession (use ITR-3)
F&O traders (use ITR-3 — F&O is business income, not capital gains)
Individuals opting for presumptive taxation (use ITR-4)
Income types covered in ITR-2
SalaryHouse propertyCapital gains (STCG/LTCG equity, property, MF, VDA)Other sourcesForeign income
Frequently asked questions about ITR-2
What is Schedule 112A in ITR-2?
Schedule 112A requires scrip-wise (ISIN-wise) reporting of LTCG on listed equity shares and equity mutual funds. For shares acquired before January 31, 2018, you must apply the grandfathering provision using the FMV as of that date. FirstReports automatically populates Schedule 112A from your broker's P&L report.
I have LTCG from property sale. Does it go in ITR-2?
Yes. LTCG from sale of property (held over 24 months) is reported in Schedule CG of ITR-2 under Section 112. Post Budget 2024 (for transfers on/after July 23, 2024), the rate is 12.5% without indexation. You also have the option to use 20% with indexation if the property was purchased before July 23, 2024.
I received RSUs from my employer. Which ITR do I need?
ITR-2, assuming you don't have other business income. RSU perquisite at vesting is reported in Schedule S (salary). When you sell the shares, the gain is reported in Schedule CG (capital gains). Your employer's Form 16 should include the perquisite value — cross-check with AIS.
Does ITR-2 have a schedule for crypto/VDA income?
Yes. Schedule VDA was introduced in ITR-2. You must report each VDA transaction: date of acquisition, cost of acquisition, date of transfer, and sale consideration. VDA income is taxed at a flat 30% under Section 115BBH. Losses from VDA cannot be set off against any other income.
Can an NRI use ITR-2?
Yes. ITR-2 is the standard form for NRIs with Indian income (salary for services in India, rental income, capital gains, NRO interest). NRIs cannot use ITR-1 or ITR-4. For NRIs with business income in India, ITR-3 is required.