Overview of 26 AS

What is Form 26AS?

Form 26AS is an Annual Tax Credit Statement issued by the Income Tax Department of India under Section 203AA of the Income Tax Act, 1961. It provides a comprehensive summary of all tax-related transactions linked to your Permanent Account Number (PAN) for a particular financial year.

It acts as a single consolidated statement showing all the taxes paid or credited on your behalf, including TDS (Tax Deducted at Source), TCS (Tax Collected at Source), Advance Tax, Self-Assessment Tax, and Tax Refunds.

Purpose of Form 26AS

The main purpose of Form 26AS is to:

• Ensure that the tax deducted by employers or payers has been deposited correctly with the government.

• Help taxpayers verify TDS/TCS credits before filing their Income Tax Return (ITR).

• Provide transparency and accuracy in tax reporting.

• Detect and correct mismatches between your income and tax records.

Information Included in Form 26AS

Form 26AS contains the following details:

1. Personal Details:

   • PAN, Name, and Address of the taxpayer.

2. Tax Deducted at Source (TDS):

   • TDS deducted by your employer, bank, or other entities on income such as salary, interest, or rent.

3. Tax Collected at Source (TCS):

   • TCS details on transactions like sale of goods, motor vehicles, etc.

4. Advance Tax / Self-Assessment Tax:

   • Details of taxes paid directly by the taxpayer during the year.

5. Refunds:

   • Information about refunds issued by the Income Tax Department.

6. High-Value Transactions (AIR/SFT):

   • Reported by banks, mutual funds, or registrars for transactions above the prescribed threshold (e.g., large deposits, property purchase).

7. Regular Assessment Tax:

   • Any tax demand or payment made after an assessment or rectification.

Documents Required to View / Download Form 26AS

✅ Basic Documents:

• PAN Card – To log in or verify your tax details.

• Aadhaar Card – For identity verification (linked with PAN).

• Registered Mobile Number – To receive OTP for login on the portal.

• Email ID – For alerts and updates from the Income Tax Department.

✅ For Online Access:

• Income Tax e-Filing Login ID & Password
  (If not registered, create an account at https://www.incometax.gov.in)

• Net Banking Login (if PAN-linked bank account is available)

✅ Optional (for record keeping):

• Form 16 / Form 16A – To cross-verify TDS entries in Form 26AS.

• Bank Passbook / Statement – To match TDS deposits or refunds received.

• Investment or Property Documents – For validating high-value transactions.

Step-by-Step Process to View Form 26AS

➡ Step 1: Visit Govt Site.
➡ Step 2: Log in using your PAN (User ID) and Password.
➡ Step 3: Click on “e-File” → “Income Tax Forms” → “View Form 26AS.”
➡ Step 4: You will be redirected to the TRACES portal.
➡ Step 5: Choose the Assessment Year and “View / Download as PDF or HTML.”
➡ Step 6: Verify all TDS, TCS, Advance Tax, and Refund details.

Common Status in Form 26AS

Benefits of Form 26AS

• Ensures accurate tax filing and prevents mismatches.

• Helps you verify that TDS/TCS deposits are made correctly.

• Prevents duplicate or false deductions.

• Provides transparency in income and tax reporting.

• Useful proof of income and tax compliance for loans, visas, and audits.

Expected Timelines

Best Practices

✔ Always check Form 26AS before filing your ITR.
✔ Match details with Form 16 / 16A for accuracy.
✔ Keep your PAN-Aadhaar link active.
✔ Review Form 26AS every quarter to catch mismatches early.
✔ Report any discrepancy immediately to your deductor or CPC.

IVR / Enquiry Form

Select Service:

• View Form 26AS / TDS Mismatch / Refund Query / Correction Request / Annual Statement

Mobile Number
Name (as per PAN)
PAN Number
Email ID
Assessment Year
Date
Remarks / Query Description