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2. Income tax return (India) - Wikipedia

   en.wikipedia.org/wiki/Income_tax_return_(India)

   Income tax return is the form in which assesses file information about his/her income and tax thereon to Income Tax Department. Various forms are ITR 1, ITR 2, ITR 3, ITR 4, ITR 5, ITR 6 and ITR 7. When you file a belated return, you are not allowed to carry forward certain losses. [1]

3. The Pros and Cons of Filing for a Tax Extension - AOL

   www.aol.com/finance/pros-cons-filing-tax...

   Pro: You’ll Avoid Late Filing Fees. If you don’t file for a tax extension and fail to file by Tax Day, you’ll be hit with a “failure to file” fee equal to 5% of your unpaid taxes ...

4. The Common Mistakes People Make When Filing a Tax Extension - AOL

   www.aol.com/finance/common-mistakes-people...

   Filing the Wrong Extension Form. Do you know the difference between the two major tax extension forms? Logan Allec, CPA and owner of Choice Tax Relief, said the two forms are Form 4868 (for ...

5. New Tax Regime - Wikipedia

   en.wikipedia.org/wiki/New_Tax_Regime

   FY2021-22 was an uneventful year for the New Tax Regime as no new changes were announced except the relaxation of Income Tax filing for senior citizens over 75 years. [ 26 ] The government's tax policy for the near future was clearly outlined which indicated that all tax breaks will be gradually eliminated while maintaining a low tax rate.

6. Indian Revenue Service - Wikipedia

   en.wikipedia.org/wiki/Indian_Revenue_Service

   Direct tax in the form of an income tax was introduced by Sir James Wilson in India in 1860 to overcome the difficulties created by the Indian Rebellion of 1857. [12] The organisational history of the Income-tax Department, however, starts in the year 1922, when the Income-tax Act [4], 1922 gave, for the first time, a specific nomenclature to various Income-tax authorities.

7. Taxes 2021: Here's how to get a filing extension - AOL

   www.aol.com/finance/taxes-2021-heres-filing...

   How to file for an extension? To file for an extension, you have to submit Form 4868 either electronically or as a paper form. You have to estimate your 2020 tax liability and pay the amount due.