Addressing a unique mind challenge – Tracking the current statutory deadlines

  • Blog|News|Income Tax|
  • < 1 minute
  • By Taxmann
  • |
  • Last Updated on 16 October, 2021

income tax due dates

Ketan Ved, Samir Parekh, Avani Shetty and Hema Mamgai – [2021] 131 107 (Article)

The outbreak of the COVID-19 pandemic across the globe has raised many fundamental challenges for economies and administration of the world, the primary being that of saving human lives. India had also enforced a nationwide lockdown followed by regular state-wise guidelines on restrictions imposed. The partial lockdown is still in effect across many places.

The lockdown has severely affected various sectors of the economy. The pandemic has cast its shadow across various economic activities, resulting in dislocation of global production, supply chains and trade.

The restriction in movement and activities has also affected the ability to undertake regular compliances and meeting statutory deadlines. The government and various regulatory bodies have been mindful of these challenges and therefore, have liberally extended statutory and regulatory compliances on a need basis periodically. The relaxation granted includes postponement of deadlines for various statutory compliances, reduced interest rates for delayed payment of taxes, temporary reduction in withholding tax rates, etc.

Click Here to Read the Full Article

Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.

Leave a Reply

Your email address will not be published. Required fields are marked *

Everything on Tax and Corporate Laws of India

To subscribe to our weekly newsletter please log in/register on

Author: Taxmann

Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.

The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:

  • The statutory material is obtained only from the authorized and reliable sources
  • All the latest developments in the judicial and legislative fields are covered
  • Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
  • Every content published by Taxmann is complete, accurate and lucid
  • All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
  • The golden rules of grammar, style and consistency are thoroughly followed
  • Font and size that's easy to read and remain consistent across all imprint and digital publications are applied