ITR-2 Form Online Filing Enabled with Prefilled Data: What You Need to Know
The ITR-2 form online filing for AY 2025–26 is now active on the Income Tax Department’s portal. This form caters to individuals with more complex income profiles, including capital gains, foreign assets, or cryptocurrency. With the new prefilled data feature now live, filing is simpler—but accuracy still matters.
Who Should File ITR-2?
Use ITR-2 if you are:
- An individual or HUF not having income from business or profession
- Earning income from:
- Salary or pension
- Capital gains (e.g., sale of property, mutual funds, shares)
- More than one house property
- Foreign income or assets
- Cryptocurrency transactions (taxable since FY 2022–23)
- Holding directorship in companies or investing in unlisted equity shares
Not for: Those with business/profession income—use ITR-3 or ITR-4 instead.
What’s New in AY 2025–26?
The following updates are now live:
| Feature | Details |
|---|---|
| Prefilled Data | Auto-fetches salary, TDS, SFT, PAN-linked data from government sources |
| ITR-2 Online Enabled | Filing available via Income Tax e-filing portal from 18 July 2025 |
| Crypto Income Reporting | Separate section for VDA (Virtual Digital Assets) as per Finance Act 2022 |
| Deadline Extended | Due date for non-audit cases now 15 Sept 2025 (CBDT Circular 06/2025) |
How to File ITR-2 Online with Prefilled Data
- Login at https://www.incometax.gov.in
- Navigate to e-File > Income Tax Return > File Income Tax Return
- Select:
- AY: 2025–26
- Mode: Online
- Form: ITR-2
- Review prefilled data:
- Salary income (Form 16)
- Interest (Form 26AS & AIS)
- Capital gains (reported by RTA)
- SFT transactions
- Edit/Add missing details (e.g., capital gains calculation, deductions)
- Validate and submit with e-verification
✅ Tip from Experts: Always cross-verify the prefilled capital gains entries with your broker’s statement. The system may miss cost adjustments or corporate actions like bonus or split.
Legal Basis and CBDT Notifications
- Crypto Income taxed under Section 115BBH, introduced via Finance Act, 2022
- ITR Forms for AY 2025–26 notified via CBDT Notification No. 40/2025, dated 29.04.2025
- Due Date Extension announced in CBDT Circular No. 06/2025, dated 27.05.2025
Advantages of Prefilled ITR-2 Filing
- Reduces manual data entry
- Minimizes mismatch notices under Section 139(9)
- Enhances compliance tracking for capital and crypto assets
- Aadhaar-PAN link ensures higher data accuracy
But be alert—prefilled does not mean perfect.
Privacy Concerns and What You Can Do
In 2024, concerns were raised in Parliament about third-party access to taxpayer data. While the Income Tax portal follows security protocols:
- Use strong passwords
- Enable 2FA (two-factor authentication)
- Avoid public Wi-Fi while filing
- Download and retain JSON/PDF copies securely
Government committees are still reviewing data encryption standards—but till then, user caution is your best shield.
FAQs on ITR-2 Prefilled Filing
Q1. Can I edit the prefilled data?
Yes, and you must—especially for capital gains, deductions, and exempt incomes.
Q2. Is Form 10IEA required for ITR-2?
Only if you’re opting in or out of the new tax regime under Section 115BAC.
Q3. What if crypto trades are not reflected?
You should add them manually with accurate purchase and sale details.
Q4. Is offline Excel utility still available?
Yes, but online mode is now preferred for its auto-fill features.
Summary
ITR-2 online filing is now live for AY 2025–26 with prefilled data on the Income Tax portal. It covers capital gains, foreign assets, and crypto income. Taxpayers must review and edit prefilled entries before e-verifying. Deadline: 15 September 2025.
Final Words
The ITR-2 form online filing with prefilled data is a great move for ease—but don’t just click and submit. Cross-check, correct, and consult if needed.