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Jul 11, 2025
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ITR filing 2025: Excel utilities of ITR-2 and ITR-3 forms released after 100 days – Will tax return filing now happen at full speed?
The Income Tax Department has finally released the Excel utilities of ITR Forms 2 and 3 for AY 2025-26 after 100 days passed since the start of the ITR filing season.
This has brought relief to crores of taxpayers who were not able to file their returns till now, especially those whose income was related to salary, house property, capital gains and business or profession.
What is the whole matter?
The process of filing income tax returns for the financial year 2024–25 started in May end, but only the utility of ITR-1 and ITR-4 was available that time. ITR-1 and ITR-2 utilities were released in late May and early June. At the same time, the utilities of the rest of the forms – including for ITR-2 and ITR-3 – were pending till now.
ITR-2 is usually filed by individuals whose income is from salary, more than one house property and capital gains.
ITR-3 is for those whose income is from business or profession, which sometimes involves complex details like foreign assets or share trading.
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