Business · 19 Jul 2026

When salaried taxpayers must file ITR-2 instead of ITR-1

When salaried taxpayers must file ITR-2 instead of ITR-1

Many salaried taxpayers assume ITR-1 applies because salary is their main income, which is not always correct. Income from multiple sources, ownership of certain assets or specific financial transactions during the year can require a different form. With the filing deadline under two weeks away, choosing correctly is the first compliance step.

Source: Livemint

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