Form 26AS summarizes all tax-related information linked to an individual's PAN. It includes details on TDS, TCS, advance and self-assessment tax paid, refunds and high-value transactions like foreign remittances, mutual fund purchases and dividends.
This form can be viewed and downloaded from the TRACES website, helping taxpayers verify the accuracy of their TDS certificate and ensure that deducted tax has been credited to the tax department.
- Details of tax deducted from income (TDS).
- Details of tax collected (TCS).
- Advance tax paid.
- Self-assessment tax payments.
- Regular assessment tax deposited by PAN holders.
- Refund details for the financial year.
- Details of high-value transactions (shares, mutual funds, etc.).
- Interest received from banks without TDS deduction (Form 15G / H).
New additions to Form 26AS Income Tax:
- Foreign remittance information from Form 15CC.
- Information from the last quarter's Form 24Q Annexure-II (TDS on salary).
- Information from other taxpayers' ITRs.
- Interest on income tax refund.
- Information from Form 61/61A for PAN population.
- Depository/Registrar and Transfer Agent's report of off-market transactions.
- Registrar and Transfer Agent's report on mutual fund dividends.
- Registrar and Transfer Agent's report on mutual fund purchases (RTA).