03-April-2025
Taxation
 
Income Tax Return 2025: Tax department releases new Excel utility for ITR-2 filing, know what has changed
01-Apr-2025

The Income Tax Return (ITR) filing season is here! From April 1, 2025, tax returns can be filed for the assessment year 2025-26 (financial year 2024-25). Like previous years, taxpayers will have both options – online and offline – to file their income tax returns. New Excel-based utility for ITR-2 – What is special? The Income Tax Department has recently released an upgraded version of the Excel-based utility for filing ITR-2. It is specially designed for individuals and Hindu Undivided Families (HUFs) who do not earn income from business or profession.

News Source:- https://www.financialexpress.com/money/income-tax-return-2025-tax-department-releases-new-excel-utility-for-itr-2-filing-know-what-has-changed-3794511/?ref=money_hp