
Fri Jul 18 11:20:21 UTC 2025: Okay, here’s a news article summarizing the provided text, along with a headline:
**Headline: ITR-2 Filing Opens for Individuals and HUFs with Capital Gains Income; Parliament Approves Tax Bill with Amendments**
**New Delhi, July 18, 2025** – Individuals and Hindu Undivided Families (HUFs) with taxable capital gains income can now begin filing their Income Tax Return (ITR-2) for the financial year 2024-25. The Income Tax Department announced that ITR-2 is available for online filing with pre-filled data via the e-filing portal. ITR-2 is specifically designed for individuals and HUFs earning income from capital gains but not from business or professional activities.
This announcement follows the earlier release of online utilities for ITR-1 and ITR-4, forms tailored for small and medium taxpayers.
In related news, a parliamentary panel has approved the Income Tax Bill 2025, incorporating 285 suggestions. The bill is expected to be tabled during the Monsoon Session.
The government has already extended the deadline for filing ITRs for Assessment Year 2025-26 (financial year 2024-25) to September 15th for individuals and entities not requiring audits. This extension provides taxpayers with additional time to prepare and submit their returns.