The Income Tax Department has enabled the filing of ITR-2 for the assessment year 2026-27 on its e-filing portal. The update allows eligible taxpayers to submit their income tax returns using both online and offline methods.
This development follows the recent release of utilities for ITR-1 and ITR-4. The move expands return filing options as taxpayers begin preparations for FY 2025-26 compliance.
The department announced that both online filing and the Excel utility for ITR-2 are now operational. Taxpayers can log into the official portal and access the relevant form directly.
The offline Excel utility enables users to prepare returns without continuous internet access. This dual availability is intended to provide flexibility and ease of filing for eligible individuals.
ITR-2 is designed for individuals and Hindu Undivided Families who do not earn income from business or profession. It is commonly used by salaried individuals, pensioners, and taxpayers with capital gains income.
The form also applies to individuals earning income from multiple house properties or other sources such as interest and dividends. Those with business or professional income must use alternative ITR forms as specified by the department.
Filing ITR-2 requires a set of essential financial documents to ensure accurate reporting. Commonly required documents include Form 16, Form 16A, and Form 26AS.
Taxpayers also need bank statements, capital gains statements, and details of house property income. In addition, proof of deductions under sections such as 80C, 80D, and 80G must be maintained for accurate claim verification.
Taxpayers can choose between the online filing facility and the downloadable Excel utility for submitting their returns. The online option allows direct submission through the portal, while the Excel utility supports offline preparation and later upload.
The due date for filing income tax returns for FY 2025-26 is July 31, 2026, for individuals not requiring audit. Timely filing is essential to avoid late fees and compliance issues.
Read More: No ITR Filing for Certain Senior Citizens in FY27?
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The activation of ITR-2 filing for AY 2026-27 marks an important step in the income tax return filing cycle. Eligible taxpayers can now begin submitting returns using both online and offline methods.
The form caters to a wide segment, including salaried individuals and those with capital gains or multiple income sources. With the July 31, 2026, deadline approaching, the development expands compliance options and supports smoother filing processes.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: May 27, 2026, 2:56 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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