From 26AS Tax Credit statement - Summary
Form 26AS is an essential document that includes details of the tax deducted on behalf of the taxpayer. This official tax credit statement provides a comprehensive overview of the tax deductions made by your employer, bank, or other deductors. It also covers advance tax payments and refunds. With Form 26AS, you can easily track your tax information in one place.
Understanding the From 26AS Tax Credit Statement
Form 26AS, often referred to as the annual consolidated statement, gathers all the important tax-related information for individuals. You can conveniently access your Form 26AS online via the income tax website using your PAN (Permanent Account Number). This statement contains several crucial details:
- Details of Annual Information Report transactions
- Information on tax collected by various authorities on your behalf
- Tax deducted by the deductor on your income
- Advance tax, self-assessment tax, and regular assessment tax payments made by you
- Information on refunds received during the financial year
- High-value transaction details related to shares, mutual funds, etc.
How to Download Form 26AS
You can download the Form 26AS in two different ways, both of which are accessible online. Here’s how you can view your Form 26AS easily:
- Using the TRACES Portal: You can download Form 26AS from the TRACES portal. Follow these simple steps:
1) Go to the Income Tax e-filing website at www.incometaxindiaefiling.gov.in and find the Form 26AS section.
2) Log in using your PAN. If you do not have an account yet, you will need to register.
3) Your password for accessing Form 26AS is your Date of Birth (in DDMMYYYY format).
4) You can then view your Form 26AS from the financial year 2008-09 onwards.
- Using NET Banking: If you have a bank account with net banking enabled, you can view Form 26AS through this facility.
Please note: Ensure your PAN number is linked to the bank account to successfully access Form 26AS.
This PDF is designed to help you understand and efficiently download Form 26AS. Don’t hesitate to download our guide below for a complete overview and assistance!