Reflects details of your Annual Information Return (AIR), which is filed by different entities based on what you have invested or spent on (any big transaction or mutual funds investment or share), mostly for high-value transactions.Gives crucial information about tax deducted from your account by the authorized deductor to be deposited to the government tax authorities. During the applicable Assessment Year, it helps in the verification of refunds. It gives you access to all the transactions and investments you have made in a financial year in one go.Aids seamless and speedy processing of ITR and accelerate the credit of funds in your account.It gives you ease in verifying income tax returns.At the time of filing return, it helps in estimating income and claiming the tax credit.It contains all the tax-related statements, hence considered a very crucial document.If not submitted, then here you can see ‘No transactions present’ as it will be displayed. If Form 15G or Form 15H has been submitted by you, then you can cross-check the status of the TDS deduction. This information got updated once in four months (quarterly basis).ĭetailed information of income where there is no need for TDS to be deducted, but the taxpayer submitted Form 15G or Form 15H. Detailed information of TAN of the collector and the amount of TDS collected by him and deposited in the government tax account. Information on the Tax amount deducted from your account and all the details about your account.Īll the information related to your salary, interest income, pension income, and prize winnings, etc. The form 26As is divided into several parts for every financial assessment year. Your high-value transactions and investments like mutual funds, shares, etc.Regular assessment of tax deposited by you.Before completing all the formalities and filling the ITR return, you are recommended to verify your Form 26AS. Section 203AA, Rule 31AB of the Income Tax Act, 1961 regulates the form and its use by tax authorities/taxpayers. What is Form 26AS: An integrated tax statement, which is also known as Annual Statement, has all your PAN (Permanent Account Number) associated and tax-related information like TDS, Refund, TCS, etc., of a financial year.
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