Heavy Tax pressure on late filing of Income-tax return.

To consolidate the income details the government gives its taxpaying citizens a 4 monthly window. And then the taxpayer can file their income tax returns every Assessment Year (A.Y.). This Assessment Year (A.Y.) starts from 1 April to 31 July for the previous year. However, due to the COVID-19 pandemic, the date for the ITR filing of FY 2019-20 was extended to 10th January 2021. To file your ITR takes only a few minutes. Apart from paying taxes on time, everyone should complete such processes as filing ITR on time too, or else must be prepared to face consequences. Due date of the year 2019was 31st August 2019. The taxpayers who have been unable to complete the formalities have been asked to pay the dues. This has become a heavy pressure for the taxpayers on late filing on the ITR.