New ITR Form – ITR-2A has been notified

The CBDT has just released new income tax return form ITR-2A. E-filing for this income tax return form has not been enabled yet. Here are the main highlights of the form –

  • This form is applicable for those who have salary income and own more than one house property and DO NOT have any capital gains
  • However, those who have Long-term capital gains from transactions on which Securities Transaction Tax is paid which are exempt from tax can still use this income tax return form.
  • A field for mentioning passport number has been added
  • Bank account details are now required for all accounts held – no details required for dormant accounts
  • NRIs can file ITR-2A if applicable

Download form itr2a_2015.

This income tax return form CANNOT be filed by those who have –

  • Income from Capital Gains
  • Income from Business or Profession
  • Any claim of relief/deduction under section 90, 90A or 91
  • Any resident having any asset (including financial interest in any entity) located outside India or signing authority in any account located outside India
  • Any resident having income from any source outside India.

Write to us support@cleartax.in if you have any questions

 

 

Here is  screenshot of the form –

ITR_2A_screenshot

8 Responses to New ITR Form – ITR-2A has been notified

  1. ss June 24, 2015 at 5:25 pm #

    Foreign income (Salary onsite for 3 months) are taxable as per the new form ?

    • cleartax-team June 25, 2015 at 5:07 pm #

      Please note if you are a Resident Indian all the income earned by you anywhere in the world is taxable in India. It all depends on your residential status. NRIs have to pay tax on income which is earned by them in India for example rent from a house property they own in India.

      So, if you are a resident salary earned by you onsite for 3 months is taxable in India – this was true earlier as well as now (it is not linked release of new forms). You can always write to support@cleartax.in if you need any assistance. We will be happy to help you 🙂

  2. Ananthmurthy June 28, 2015 at 1:17 am #

    Looking at the requirement for filing ITR-2A I am bit confused.

    I DO NOT have salary income in India but have more than one Residential house. I also have bank accounts (NRO FD + others)in India on which my TDS is done. For AY 2015-2016 I do not have capital gains (long term/short term). I do not have any financial interest in any entity in India. I do have Bank accounts outside of India (Foreign ) where I am currently residing for several years (and therefore I am an NRI).

    Looks like I can use neither ITR-2A (since I have bank accounts (considered assets ?) outside of India) nor ITR-2.

    Can you please let me know which form I have to use for AY 2015-2016 – ITR-2 or ITR-2A or any others.

    Appreciate your inputs.

    • cleartax-team June 29, 2015 at 11:58 am #

      Dear Sir

      Please note, as you have mentioned that your status is NRI, and as an NRI, you are not required to disclose your foreign bank accounts in India. The condition of disclosure with respect to foreign assets and foreign bank accounts is applicable to Resident Indians. In your case you shall be filing ITR 2A for reporting your income from house property as well as income from other sources (FD income etc).

      When you file with ClearTax you never have to worry about which form is applicable to you – we do that automatically based on the information entered by you. You can reach out to us anytime by writing to support@cleartax.in

  3. Sunil July 4, 2015 at 5:33 pm #

    I tried to enter data in clearTax website..

    I didn’t come across area where I can enter Bank Accounts details?… Also, I didn’t see any field for passport number..Is passport number compulsory field

    • cleartax-team July 6, 2015 at 5:50 pm #

      You can easily enter your bank account information as well as passport information on http://www.cleartax.in. You will be able to find these fields on the ‘additional information’ page. Do write to support@cleartax.in if you face any issues.

  4. Prashant July 7, 2015 at 1:00 pm #

    Losses from HP (housing property) field 3C is automatically reflected in 2i of CYLA in ITR-2A. However system is giving validation error while e-filing ” The amount in HP (3c) is not matching with CYLA (2i)”

    Looks like it is system validation error for ITR-2A for AY2015-16.
    Any advise please.