ITR-2 and ITR-3 excel utility released by Income Tax Department; Taxpayers with capital gains, crypto, other incomes can now file ITR

The Income Tax Department has released excel utilities for ITR-2 and ITR-3, enabling taxpayers with capital gains and crypto income to file returns for FY 2024-25 (AY 2025-26). Key updates include a capital gain split, share buyback loss allowance, and a raised asset/liability reporting limit to ₹1 crore.

from Tax-Wealth-Economic Times https://ift.tt/nBrkmxT