Form 26AS

Form 26AS is a statement issued by the Income Tax Department of India to taxpayers to consolidate all their tax credit claims. It contains details of all taxes deducted or collected on behalf of the taxpayer, including income tax, TDS (Tax Deducted at Source), TCS (Tax Collected at Source), and advance tax, among others. It includes information on the tax payments made by the taxpayer, such as self-assessment tax and advance tax payments. It also provides details of refunds issued to the taxpayer during the relevant financial year. Taxpayers can view and download their Form 26AS from the Income Tax Department’s website using their permanent Account Number (PAN). It is an essential document for filing income tax returns and verifying the tax credit status of the taxpayer.

Parts of Form 26AS

The different parts of Form 26AS are as follows:

• Part A: Information about Tax Deducted at Source (TDS) 

It contains information on TDS deducted by the deductor on the taxpayer’s behalf, including the deductor’s name, TAN (Tax Deduction and Collection Account Number), and the amount of TDS.

• Part A1: Information about TDS for Form 15G/Form 15H  

It contains information on TDS deducted by the deductor when the taxpayer has submitted Form 15G/Form 15H, which declares that the taxpayer’s income is below the taxable limit. 

• Part A2: Information about TDS on the sale of immovable property (Section 194IA) 

It contains information on TDS deducted by the buyer of immovable property on behalf of the seller.

• Part B: Information about Tax Collected at Source (TCS) 

It contains information on TCS collected by the collector on behalf of the taxpayer.

• Part C: Information about Tax Paid (Other than TDS/TCS) 

It contains information on taxes paid by the taxpayer besides TDS/TCS, including regular assessment tax, advance tax, and self-assessment tax.

• Part D: Information about Paid Refund 

It contains information on the refund received by the taxpayer during the financial year.

• Part E: Information about AIR Transactions

It contains information on high-value transactions reported to the Income Tax Department under the Annual Information Return (AIR) scheme.

• Part F: Information about Tax Deducted on Sale of Immovable Property u/s 194-IA(For Seller) 

It contains information on TDS deducted on the sale of immovable property.

• Part G: TDS Defaults 

It contains information on TDS defaults, if any, by the deductor.

• Part H: TCS Defaults 

It contains information on TCS defaults, if any, by the collector.

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