Form 26AS

Form 26AS is a statement maintained and generated by the Income Tax Department for each individual assessee (person). Form 26AS is also known as annual statement which contains all tax related information of a taxpayer. The details give a clearer picture of the tax commitments of a taxpayer. It is associated with PAN. Form 26AS contains:

  • Details of tax deducted on your income by deductors(TDS).
  • Details of tax collected by collectors(TCS).
  • Advance tax paid by the taxpayer.
  • Self-assessment tax payments.
  • Regular assessment tax deposited by the taxpayers (PAN holders).
  • Details of refund received by you during the financial year.
  • Details of the High value Transactions in respect of shares, mutual fund etc.
  • Interest received from bank & others without deducting any TDS as declaration is provided such as Form 15G / H in respect of low/no deduction.

Read More What Is Form 26AS And Why Is It So Important?