Query linked with raising of loan

An assessee has to file his/her/its return within assessment year..

but if the assessee wants to raise the loan...whats the remedy available to him..

as the due date has passed now

Due date of filing return and raising loan is not connected. However, sometimes banks/financer refuses to give loan if the time period between returns of two consicutive assessment years are less than 6 months. There is no other requirement to file return within due date to raise loan.