Understanding the service
This service reviews individual or HUF income such as investments, property or capital gains, where the applicable return excludes business or professional income.
Separate investment income from business income
Individuals and HUFs without business or professional income may need this route, subject to the relevant year rules. Identify property income, investment transactions, foreign-related facts and losses before selecting it. An income description in a bank statement is not sufficient to classify a complex transaction.
Keep transaction-level evidence
For investment disposals, assemble purchase details, sale records and relevant cost information. For property, retain rent and eligible supporting records. Check the schedules against the actual transaction history, including transfers and corporate actions that a single account summary may not fully explain.
Preparation checklist
Use this as a starting file, not a universal eligibility decision. ACS confirms the final checklist against your actual entity, activity and reporting period.
- PAN and applicable identity or entity records
- Income statements, Form 16 where relevant, and AIS / tax-credit records
- Bank statements, investments and relevant transaction details
- Previous return, accounts and supporting income schedules where applicable
Keep originals and final versions distinguishable. Record missing information before submission and use the agreed private channel for sensitive evidence.
From enquiry to agreed work
- Share the requirement and relevant reporting period.
- ACS reviews the records and confirms the scope and charges.
- Preparation, review and authorised filing or delivery.
- Receive completion records and the next-step checklist.
A clearer reconciliation of income sources and supporting schedules. Timing depends on the supplied records, applicable process and external review. No authority decision or processing date is guaranteed.
ACS professional fee
Government fees, taxes, provider charges and additional professional work are separate unless the written quote says otherwise. The listed fee is not a grant, tax, contribution or licence payment. Online payments remain inactive.
Frequently asked questions
Can business income be reported here just to keep filing simple?
Use the return that fits the actual income and applicable rules. Simplifying the form is not a reason to omit business schedules.
Are foreign assets always covered by one standard checklist?
No. Residency, ownership and the reporting year can affect disclosure. Obtain an individual review.
What does the listed professional fee include?
The ACS fee covers only the work confirmed in your quote. Government fees, taxes, provider or certification-body charges and additional professional work are separate unless expressly included. Booking does not activate an online payment.
What should I share for the first discussion?
Start with your requirement and the relevant period or project. The callback form needs only your name and mobile number. Share identity, banking or financial documents only through the agreed private workflow.
Discuss your requirement
ITR 2
By submitting, you ask ACS to contact you about this service. Privacy policy. Do not enter identity numbers or financial documents here.
References & context
Prepared by ACS Consultancy with AI-assisted drafting. Published 3 October 2026. These general resources are not individually reviewed legal, tax or financial advice. Official requirements can change; check the applicable period and obtain the appropriate qualified advice before filing or making a financial decision.