IndiaTax.AI ITR-2 Filing Journey Under Old Regime

Filing an ITR-2 with equity transactions, dividends, salary income, and deductions can feel complex for many taxpayers. This IndiaTax.AI User Journey Series highlights an actual user experience in filing income tax on IndiaTax.AI under the old tax regime for AY 2026-27. The user completed the entire process smoothly, from AIS import to Aadhaar e-verification, while securing a refund of nearly ₹8,000 and correctly carrying forward capital losses.

IndiaTax.AI ITR-2 Filing Experience Old Tax Regime

The taxpayer opted for the old tax regime to claim deductions under Section 80C. IndiaTax.AI made the comparison simple by clearly showing how the ₹1.5 lakh PPF investment reduced taxable income and maximized tax savings.

According to the Income Tax Department, taxpayers can continue claiming deductions like PPF, LIC, ELSS, and tuition fees under the old regime through Section 80C up to ₹1.5 lakh annually. Income Tax India

Smooth Salary and Deduction Entry

The user’s salary details from STATE HEALTH SOCIETY were added quickly during filing. IndiaTax.AI simplified the process with:

• Auto-guided salary entry flow
• Easy deduction selection
• Automatic Section 80C calculation
• Instant tax regime comparison

The platform immediately reflected the full tax benefit of the ₹1.5 lakh PPF contribution under the old regime.

AIS Import for Equity Transactions in ITR Filing India

One of the biggest challenges for taxpayers with share market activity is reporting capital gains accurately. IndiaTax.AI simplified this by allowing automatic AIS import and broker statement upload.

The taxpayer had nearly 95 equity transactions, and around 95% of them were captured automatically in the return.

Automatic Capital Gains and Dividend Income Import IndiaTax.AI

IndiaTax.AI streamlined multiple income imports in a single workflow:

• Capital gains from equity trades
• Dividend income
• Interest income
• TDS entries from Form 26AS and AIS
• Broker statement transactions

The easy online income tax filing with AIS and TDS import significantly reduced manual data entry and minimized mismatch risks.

The Annual Information Statement (AIS) helps taxpayers view financial transactions reported to the Income Tax Department. AIS Portal

Capital Loss Carry Forward in ITR-2 for Share Trading

The taxpayer had a capital loss of approximately ₹77,000 from equity transactions. IndiaTax.AI correctly reflected this loss in the ITR-2 for future carry-forward benefits.

Under the Income-tax Act, capital losses can generally be carried forward for up to 8 assessment years if the return is filed within the due date. CBDT

Why Correct Capital Loss Reporting Matters

Accurate reporting helps taxpayers:

1. Offset future capital gains
2. Reduce future tax liability
3. Maintain proper compliance records
4. Avoid notices due to mismatched data

IndiaTax.AI automatically mapped the loss entries into the correct ITR schedules, helping the user avoid manual errors.

Zero Tax Liability Rebate and ₹8,000 Income Tax Refund India

After considering deductions, TDS credits, and rebate eligibility, the final tax computation resulted in:

• Zero tax liability
• Expected refund of around ₹8,000

IndiaTax.AI displayed the complete tax summary transparently before submission, helping the taxpayer review every calculation confidently.

Taxpayers can verify refund status and filing details through the official e-filing portal. Income Tax e-Filing

Aadhaar E-Verification Successful ITR-2 Filing India

Before submission, the ITR-2 validation passed successfully without errors. IndiaTax.AI guided the user through:

• Pre-submission validation checks
• Error resolution prompts
• Instant submission workflow
• Aadhaar OTP e-verification

The entire return was submitted and Aadhaar e-verification completed successfully in the same session.

Why Users Prefer IndiaTax.AI

The taxpayer gave a 5-star rating after completing the filing journey because IndiaTax.AI simplified:

• AIS and broker imports
• Capital gain calculations
• Old regime tax comparison
• Section 80C deductions
• Refund computation
• ITR-2 validation
• Aadhaar e-verification

Final Thoughts on the IndiaTax.AI User Journey Series

This IndiaTax.AI ITR-2 filing experience old tax regime example shows how modern tax filing can become faster and more accurate even with complex equity transactions. From automatic capital gains and dividend income import IndiaTax.AI workflows to successful Aadhaar e-verification, the platform simplified every step for the taxpayer.

For taxpayers handling broker statement import for income tax return filing India, old regime deductions, or capital loss carry forward in ITR-2 for share trading, IndiaTax.AI provides a smooth and practical filing experience for AY 2026-27.