Tax filing activity time of the year

I do not like this activity at all. Every year this is the same story with me. I end up doing in the last few days only. The timeline to file Income Tax returns in India is 31st July for majority of the people, then there are certain categories which have different timelines. In short, my category falls for 31st July Tax filing. It's a simple activity and honestly, I do not even do it myself. I just gather all the documents and then give it to a Chartered Accountant who does all the calculations and does the filing. But just to collate all the documents also I get very lazy and keep procrastinating.

Source

Now it's only 15 days remaining and I had to give the CA also some time to do his part of the job so finally yesterday I forced myself to do the needful and send him all the required documents for Tax Filing. If I miss the 31st July deadline I can still file the returns but then there is a penalty, and why unnecessary pay a penalty just for laziness. Some of these activities are tedious but it is important to do. Sometimes I also feel that the Tax we pay not 100% of it is put to right use. So much of funds get misused. Not all of it but then there is for sure corruption that exists in the system and a good amount of Tax collected gets lost in corruption. But then who keeps an account of it, and who will question them is the bigger question.

I have been filing my returns right from the time I have started earning. I do not like any kind of government hassles. It's good to remain clean and clear in these matters. Not that I have some very big income but still better be safe. It's all finally done now from my end.

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