Wednesday, June 24, 2026
Report Wire Logo
HomeBiharMistakes to Skip in Your 2026 ITR-2 Submission
Bihar

Mistakes to Skip in Your 2026 ITR-2 Submission

Filing ITR-2 requires detailed reporting of capital gains and multiple house properties. One frequent mistake is failing to report income from all employers if you changed jobs during the financial...

N
News Analysis IndiaReporter
|
June 2, 2026
11:01 AM
Mistakes to Skip in Your 2026 ITR-2 Submission

Filing ITR-2 requires detailed reporting of capital gains and multiple house properties. One frequent mistake is failing to report income from all employers if you changed jobs during the financial year. This often leads to underpayment of tax as both employers may have given basic exemptions. Additionally, don't forget to report all bank accounts held in India during the year. Even if an account was inactive, it must be listed. Ensure your primary account is validated for a smooth refund process, as incorrect IFSC codes are a leading cause of refund failures.

--- Advertisement ---
Mistakes to Skip in Your 2026 ITR-2 Submission | Report Wire