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Income Tax: Why Taxpayers Want Excel Utilities for ITR‑2 & ITR‑3

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While the Income Tax Department (CBDT) has rolled out Excel utilities for ITR‑1 and ITR‑4 (forms Sahaj & Sugam), ITR‑2 and ITR‑3 remain unavailable via Excel, frustrating individual taxpayers and professionals


Why the Delay Is a Concern

  • Offline Preferences: Many seasoned users—especially chartered accountants and businesses—rely on Excel-based tools to draft, validate, and prepare returns offline before uploading .
  • Stalemate in Filing: Although all ITR forms have been officially notified for AY 2025–26, the lack of Excel utilities for ITR‑2/3 means those filers can’t submit forms yet, prolonging the delay

Taxpayer Backlash on Social Media

Calls for a release have amplified on platforms like X:

  • User Raisaar and Vishwa Sivan urged for utilities to be enabled immediately
  • Sarath pointed out that form 2 should come before any validation or bank-account guidance
  • Niteen Nihal Dwivedi asked, “when will ITR‑2 and ITR‑3 start in reference to excel utilities?”

What the CBDT Is Doing

  • Staged roll-out: CBDT typically rolls out Excel utilities in phases. This year, ITR‑1/4 were released on May 29, with the Common Offline Utility (JavaScript/JSON) following on June 10
  • Upcoming releases: The updated Excel tools (Version 1.8) for ITR‑2 and ITR‑3 were published in January 2025 But taxpayers report file submission still blocked, pending portal activation

Why This Matters

  • Complex filings need prep tools: Individuals with capital gains, foreign income, multiple house properties, business profits, or professional income depend on ITR‑2/3 forms—without utilities, they’re stuck.
  • 87A rebate glitch: A utility version lacked automatic pass-through of Section 87A tax rebate on short-term capital gains. The updated version allows manual entry, but without JSON schema updates, its acceptance by the CPC is uncertain

Expert Advice for Taxpayers

  • Wait until mid-June: For e-filing to open fully—with utilities, Form 16/16A, and Statement of Financial Transactions data—experts recommend filing post-June 15
  • Revised deadline gives room: CBDT extended the ITR deadline to 15 September 2025, offering additional buffer .
  • Prep proactively: Meanwhile, taxpayers should gather documents, shortlist applicable ITR forms, and pause until utilities truly permit filing
Veer Rana

Veer Rana is a seasoned journalist with a sharp eye for current affairs and public policy. With in-depth knowledge in politics, economy, education, and environmental issues, Veer delivers fact-based, insightful content that drives understanding in complex domains. He also covers health and wellness under lifestyle, bringing credible and actionable advice to readers.

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IAF Chief AP Singh Flies Advanced US F-15EX Eagle II, Strengthening India-US Defence Ties

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Indian Air Force Chief Amar Preet Singh took a significant step toward deepening defence cooperation with the United States by flying the advanced F-15EX Eagle II during his visit to Nevada.

The Air Chief undertook a familiarisation sortie at Nellis Air Force Base on April 9, accompanied by a US Air Force pilot. The flight provided him with first-hand experience of the aircraft’s cutting-edge capabilities and operational strengths in modern warfare.


Strengthening India-US Military Cooperation

During his visit, Air Chief Marshal Singh also held high-level discussions with senior US Air Force officials, including David C Epperson.

Key focus areas included:

  • Expanding joint military exercises
  • Enhancing operational coordination
  • Improving interoperability between the two air forces

These discussions are particularly important for strengthening cooperation in the Indo-Pacific region.


Focus on Technology and Future Warfare

Both sides emphasized:

  • Adoption of advanced defence technologies
  • Better joint operational strategies
  • Continued support for military modernisation

US officials also acknowledged India’s increasing role in regional security and multinational military exercises.


About the F-15EX Eagle II

The F-15EX Eagle II, developed by Boeing, is one of the most advanced fighter aircraft in the US arsenal.

Key features include:

  • High-speed, long-range air superiority capabilities
  • Ability to carry heavy payloads of advanced weapons
  • Modern radar and digital warfare systems
  • Versatility for air defence and precision strike missions
Veer Rana

Veer Rana is a seasoned journalist with a sharp eye for current affairs and public policy. With in-depth knowledge in politics, economy, education, and environmental issues, Veer delivers fact-based, insightful content that drives understanding in complex domains. He also covers health and wellness under lifestyle, bringing credible and actionable advice to readers.

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Kangana Ranaut Criticises Rahul Gandhi Over Parliament Speech on Women’s Reservation

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Actor-turned-politician Kangana Ranaut launched a sharp attack on Congress leader Rahul Gandhi following his speech in Parliament on the Women’s Reservation issue.

Reacting strongly, Kangana said that listening to Rahul Gandhi was “a headache” and accused him of trivialising Parliamentary proceedings.


Rahul Gandhi’s Criticism of the Government

During his address in the Lok Sabha, Rahul Gandhi criticised the government’s proposed legislation related to implementing women’s reservation, particularly linking it to the Delimitation process.

He argued that the bill:

  • Does not genuinely empower women
  • Is instead an attempt to reshape India’s electoral landscape
  • Could delay real representation by up to a decade

Concerns Over Caste Census

Rahul Gandhi also claimed that the government is trying to bypass the caste census, which he believes is crucial for fair representation:

  • He argued that representation in Parliament and state assemblies should be based on caste data.
  • According to him, the current proposal avoids linking reservation to caste demographics.

Allegations Against the Government

Gandhi further accused the ruling government of attempting to:

  • “Rejig” India’s political map to retain power
  • Follow patterns seen in regions like Jammu & Kashmir and Assam

He warned that such steps could have long-term political consequences.


Opposition’s Stand

As Leader of the Opposition, Rahul Gandhi made it clear that:

  • The opposition will resist the current version of the bill
  • They are willing to support an immediate implementation of women’s reservation through earlier proposals like the Nari Shakti framework

Political Face-Off Intensifies

The exchange highlights growing tensions between the BJP and Congress over:

  • Women’s reservation
  • Electoral reforms
  • Representation of marginalized communities
Veer Rana

Veer Rana is a seasoned journalist with a sharp eye for current affairs and public policy. With in-depth knowledge in politics, economy, education, and environmental issues, Veer delivers fact-based, insightful content that drives understanding in complex domains. He also covers health and wellness under lifestyle, bringing credible and actionable advice to readers.

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Modi–Macron Call Focuses on West Asia Crisis and Strait of Hormuz Security

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On April 16, 2026, Narendra Modi held a phone conversation with Emmanuel Macron to discuss the ongoing crisis in West Asia and its growing global impact.

According to the Prime Minister’s statement on X, both leaders emphasized the urgent need to restore stability in the region and ensure the safety and freedom of navigation through the Strait of Hormuz, a vital global shipping route.


Why the Strait of Hormuz Matters

The Strait of Hormuz is one of the most critical chokepoints in global trade:

  • Around 20% of the world’s oil and LNG supplies pass through it
  • It connects the Persian Gulf to international waters
  • Any disruption directly impacts global energy prices and supply chains

Recent tensions have led to restricted maritime movement, causing a sharp rise in oil and gas prices worldwide.


Background: West Asia Conflict Escalation

The current crisis began around February 28, 2026, following military strikes involving the United States and Israel on Iran, which triggered retaliatory actions by Tehran. The conflict has now continued for nearly 50 days, affecting multiple countries in the region.

India has consistently called for:

  • De-escalation
  • Diplomatic dialogue
  • Peaceful resolution

This position was reiterated by India’s Ministry of External Affairs during recent briefings.


Modi’s Parallel Talks with the US

Just days earlier, PM Modi also spoke with Donald Trump in a 40-minute phone call—their third interaction this year.

Key discussion points included:

  • Security of the Strait of Hormuz
  • Ongoing West Asia tensions
  • Strengthening India–US strategic ties

The call came shortly after a reported ceasefire involving the US and Iran, though detailed outcomes remain unclear.


India’s Strategic Concerns

India has a high stake in the stability of the region because:

  • It imports a large portion of its energy from the Gulf
  • Millions of Indian citizens live and work in West Asia
  • Trade routes through the Strait are crucial for its economy

External Affairs Minister S. Jaishankar has strongly condemned attacks on commercial shipping, calling them “completely unacceptable.”


Global Implications

The ongoing crisis is already having worldwide consequences:

  • Rising oil and gas prices
  • Increased geopolitical tensions
  • Threats to global shipping and supply chains
Veer Rana

Veer Rana is a seasoned journalist with a sharp eye for current affairs and public policy. With in-depth knowledge in politics, economy, education, and environmental issues, Veer delivers fact-based, insightful content that drives understanding in complex domains. He also covers health and wellness under lifestyle, bringing credible and actionable advice to readers.

Continue Reading

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