Amazing Income Tax Form 26as Statement
The Form 26AS as prescribed in the Rules inter-alia contains the information about tax.
Income tax form 26as statement. Form 26AS is a consolidated Income Tax statement issued to the PAN holders. Through budget 2020 section 203AA replaced with section 285BB to facilitate insertion of AIS. Read the disclaimer and click on the Confirm button.
View Tax Credit Statement Form 26AS Perform the following steps to view or download the Form-26AS from e-Filing portal. Annual Information Statement in Form No. Click on Login on the top right of the home page.
The form also shows details of salepurchase of immovable property mutual funds cash. Log in to income tax new website incometaxgovin. Form 26AS can be downloaded on the TRACES website.
Go to the My Account menu click View Form 26AS Tax Credit link. It contains the details such as Tax Deducted at Source TDS Tax Collected at Source TCS Advance Tax Self Assessment Tax Demand Refund paid and AIR Transactions etc deposited by the Assessee. Further High-value Transactions in respect of immovable property shares and mutual funds also covered in this statement.
This facility has been provided to the deductor in order to verify whether the PANs for which user is deducting TDS are getting the credit for the same or not. Form 26AS is an income tax form that is a consolidated or summarized version of an individuals taxes. The IT department also tallies all your tax deduction details provided by you by Form 26AS.
This feature is available for only those valid PANs for which TDS TCS statement has been previously filed by the deductor. This form and its use by tax authoritiestax payers is governed by Section 203AA Rule 31AB of the Income Tax Act 1961. Taxpayers can download it from their Income Tax e-filing account.