ITR -2 Form is for Resident Individuals and HUF not having income from Profits or Gains of Business or Profession and with total income above ₹ 50 Lakh. This ITR is also filed by Not-ordinary Residents & Non-Residents.
ITR 2 ELIGIBILITY:
£ Filed by Individuals & HUF, who are Resident of India with Total Income above ₹ 50 Lakh
£ Income is from salaries, more than one House Property, Other Sources Income & Capital Gains or Losses,
£ Agricultural Income is above ₹ 5 Thousand,
£ also includes NRI income, foreign income/assets,
£ Taxpayers holding directorship in a company or holding unlisted equity shares.