The New ITR-2: Enhancements, Reporting Changes, and the High Stakes of Choosing the Right Form (AY 2025-26)
Major Overhaul for ITR-2 Utility (AY 2025-26): What Taxpayers Need to Know and Why Choosing the Right Form is Crucial The Income Tax Department has launched an updated ITR-2 Excel Utility for Assessment Year (AY) 2025-26, featuring six significant enhancements designed to simplify filing and improve compliance.1 However, tax professionals are issuing a strong warning: … Read more