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<h1>Income tax Form ITR 2: reporting requirements for individuals/HUFs without business income, including capital gains and foreign assets.</h1> Form ITR 2 prescribes the return and schedules for Individuals and HUFs not having income from business or profession, requiring detailed disclosure of personal particulars, residential status, selection of tax regime, head wise income computations (Salaries, House Property, Capital Gains, Other Sources), Chapter VI A deductions, loss set offs and carry forwards, AMT computations, foreign asset and foreign income reporting, Virtual Digital Asset transactions, treaty relief claims, and prescribed filing and verification procedures including electronic transmission and ITR V submission.
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