ITR-2 must be used by the individual taxpayer if he/she meets any of the criteria mentioned below:
a) If you are a resident (ordinarily or non-ordinarily) or a non-resident individual
b) Hindu Undivided Family (HUF)
c) Having a total income of more than Rs 50 lakh
d) Holding a directorship of a company
e) Holding investments in unlisted equity shares
f) Having income from the following sources — salaries, more than one house property, capital gains, income from other sources such as interest income, dividends, etc.
g) Having income from assets outside India such as dividend from foreign companies share etc.
g) If you have income arising from selling virtual digital assets such as cryptocurrency, Non-fungible tokens (NFTs), etc.
