Form 26AS

A Form 26AS contains all tax-related information of a taxpayer such as TDS, TCS, advance tax paid by the assesee, self-assessment tax payments, details about income tax refunds, and other details. You can download your Form 26AS through the Income Tax Department website. 

Taxpayers can verify their actual transactions with the transactions in their Form before filing their income tax return (ITR).

Any mismatch between your Form and the income tax returns filed by you can lead to an inquiry.

Particulars of Form 26AS

It is a statement that shows the below information:

  • Tax deducted on your income by all the tax deductors
  • Details of tax collected source by all the tax collectors
  • Advance tax paid by the taxpayer
  • Self-assessment tax payments
  • Regular assessment tax deposited by the taxpayers (PAN holders)
  • Details of income tax refund received by you during the financial year
  • Details of the high-value transactions regarding shares, mutual funds, etc.
  • Additional details like mutual fund purchase and dividend, interest on income tax refunds, off-market transactions, foreign remittances, salary break-up details, etc.
  • Details of tax deducted on sale of immovable property
  • Details of TDS defaults (after processing TDS return) made during the year
  • Turnover details reported in GSTR-3B )

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