AY 2015-16 : ITR Form 2A – The new IT Return Form

The income tax department has finally come out with new forms for filing income tax returns for AY 2015-16. These forms were revised after outrage from tax payers and are suppose to be simpler.

In the whole simplification process, income tax department have introduced an additional form ITR 2A in addition to the existing ITR forms ITR 1, ITR 2, ITR 3, ITR 4, ITR 4S, ITR 5 & ITR 6.


What is Form 2A?

Form 2A is supposed to be a less complicated version of Form ITR 2. ITR 1 (also known as Sahaj) is a very simple form but only few salaried individual are eligible to file their IT return using the same.

So many tax payers had to fill ITR 2 which is very complicated. So ITR 2A is the quick fix – a stripped down version of ITR 2 which would benefit a set of people.

Who can use ITR 2A?

ITR 2A can be filled by both HUFs & individuals who have income from:

1. Salary/Pension

2. House Property

3. Other Sources (including income from winning lotteries and race horse)

* People with income from winning lotteries & race horse had to earlier fill ITR 2. So life becomes simpler for them

Who can not use ITR 2A?

Individuals or / HUFs with following conditions cannot fill ITR 2A and have to fill ITR 2:

1. Income from Capital Gains

2. Income from Business / Profession

3. Any claim of relief/deduction under Section 90, 90A or 91 (related to foreign income & claim deduction of tax paid there under tax treaties between countries)

4. Having any asset located outside India including financial interest in any entity


5. Having income from any source outside India (all bloggers/freelancers with foreign income like Google Adsense cannot fill ITR 2A)
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