ITR-2 Return Filing — capital gains, foreign assets, multiple properties.
ITR-2 preparation and filing for individuals and HUFs with capital gains, NRI income, multiple house properties, and foreign assets — all complex schedules handled accurately by Chartered Accountants in Mumbai.
Contact UsITR-2 is the return form for individuals and Hindu Undivided Families whose income profile goes beyond a single salary and one property. Capital gains from equities, mutual funds, property, and unlisted shares; income from more than one house property; foreign bank accounts; overseas investments; NRI or RNOR residential status — all of these push a taxpayer into ITR-2's more detailed schedules.
The form carries schedules that demand precision: Schedule CG for capital gains, Schedule 112A for equity fund gains, Schedule FA for foreign assets, Schedule FSI for foreign income, Schedule TR for double taxation relief, and Schedule AL for assets and liabilities when income crosses Rs 50 lakh. An error in any of these can result in notices, demands, or loss of DTAA benefit.
NDS Advisors' tax team handles the full complexity of ITR-2. We work with capital gains statements from your broker, compute indexed costs for property transactions, evaluate DTAA treaty relief for NRI clients, and prepare every schedule with the accuracy that the Income Tax Department's data matching systems expect.
Our ITR-2 Return Filing Services
Capital Gains Computation
Calculation of STCG and LTCG from equities, mutual funds, debt funds, property, and unlisted shares with correct holding period analysis.
Schedule 112A & 115AD
Scrip-wise and scheme-wise capital gains reporting for listed equities and equity mutual funds under Section 112A with grandfathering as applicable.
Multiple House Property
Income computation for each property — self-occupied, let-out, or deemed let-out — with home loan interest deduction under Section 24(b).
Foreign Asset Reporting (FA)
Schedule FA disclosure of foreign bank accounts, overseas investments, overseas trusts, and any foreign equity or debt interests held during the year.
NRI & DTAA Relief
Schedule FSI and Schedule TR preparation for NRI and RNOR taxpayers claiming double taxation relief under India's tax treaties.
Schedule AL — Assets & Liabilities
Mandatory asset and liability disclosure for taxpayers with income above Rs 50 lakh — covering property, jewellery, vehicles, financial investments, and loans.
Deductions & Capital Gain Exemptions
All Chapter VI-A deductions and Section 54/54EC/54F capital gains exemptions on reinvestment in residential property or NHAI bonds.
E-filing & Verification
Complete filing on the Income Tax portal followed by e-verification; full workings retained on file for assessment proceedings.
Our Process
Document & Statement Collection
Capital gains reports from broker or fund house, Form 16, property sale deed, foreign account statements, and Form 67 for foreign tax credit.
AIS & 26AS Review
Identify all reported transactions — share sales, mutual fund redemptions, property transactions — and reconcile with your records.
Schedule Preparation
Build each schedule (CG, 112A, FA, FSI, TR, AL) with full workings; compute tax under old and new regime for comparison.
Review & Approval
Share draft return with you for confirmation; highlight any tax payable and challan details before submission.
Filing & E-verification
Submit on the portal and e-verify immediately; provide acknowledgement and retain all workings for audit trail.
Why It Matters
Frequently Asked Questions
Capital gains, foreign assets — handled with precision.
Our Chartered Accountants prepare every schedule of your ITR-2 accurately, so your return is clean, compliant, and optimised.
