How to View or Download Form 26AS?

Form 26AS is a consolidated tax statement which has all tax related information such as TDS, TCS Refund etc associated with a PAN.

It is also called annual statement. It shows how much of your tax is collected by government.

It is a consolidated statement from multiple sources like your salary/ pension/ interest income etc. This form contains the annual tax statement under section 203AA. This form is issued under rule 31AB.

Various Ways to View & Download Form 26AS

There are 3 ways to check/ view Form 26ASdownload form 26as

  1. Income tax India e-filing website
  2. Net banking of Authorized Banks
  3. The TRACES website

#1 View or Download Form 26AS on Income Tax India e-filing website

To view your Form 26AS online, you have to visit https://incometaxindiaefiling.gov.in/

The following image represents the sample of Form 26AS.

form 26as sample

#2 View or Download Form 26AS through Net Banking

The facility is available to a taxpayer having access to Internet banking with a bank which is authorized by Income tax department to show tax credit. You can view Tax credit statement (Form 26AS) only when your PAN is mapped with particular account. The facility is free at all.

List of banks registered with TRACES for providing view of Tax Credit Statement (Form 26AS)

#3 View or Download Form 26AS through TRACES website

form 26asEnter your PAN number, password, Date of birth in DDMMYYYY format.

Click on ‘View Form 26AS (Tax Credit) on the left side of the displayed screen.

form 26as pic 1Then click on ‘Confirm’ button. You will redirected to TRACES website.

form 26as pic 2On the TRACES website, select the box displayed on the screen and click on ‘Proceed’.

form 26as pic 3Click on the link ‘Click View Tax credit (Form 26AS) to view your Form 26AS as shown in following screen

26as pic 4Choose the assessment year and the format in which you want to see Form 26AS. After you have made the choice click on ‘View/ Download’.

form 26as pic4To view Form 26AS you have to enter a password. Your DOB in DDMMYYYY format is the password of your document.

About Form 26AS

  • Form 26AS is generated annually, for a financial year.
  • Form 26AS is generated whenever tax related transaction (TDS, advance tax paid) happens in relation to the taxpayer. It is the real time based document i.e. it is updated as the transactions are reported/ processed for the given FY.
  • Only a registered PAN holder can view their Form 26AS on TRACES. Taxpayer can view Form 26AS in TRACES from AY 2009-10 onwards or from FY 2008-09 onwards.
  • The address reflecting in Annual tax statement (Form 26AS) is picked up from Income tax department’s PAN database with the details of latest PAN issued to taxpayer.
  • The password for opening Form 26AS will be your Date of Birth (in DDMMYYYY format)g. if your date of birth is 09-Oct-1982, your password will be 09101982.

Information Given in Form 26AS

  • Details of tax deducted on your income by deductors
  • Advance tax paid by the taxpayer
  • Details of tax collected by collectors
  • Regular assessment tax deposited by the taxpayers ( person who holds PAN)
  • Self assessment tax payments
  • Details of refund received by the taxpayer during the financial year
  • Details of High value Transaction in respect of shares, mutual funds etc…

Architecture of Form 26AS

The Form 26AS (Annual tax statement) is divided into different parts as described below:

  • Part A– Details of Tax deducted at source (amounts in INR)

This part will show the TDS deducted from salary/ pension income and TDS deducted on interest income deducted by banks. TDS deducted is shown in separate table for every source.

  • Part A1– Details of Tax deducted at source for 15G/ 15H

This part will show transaction in those financial institutions such as banks where the individuals has submitted Form 15G/ 15H. TDS in these cases would be zero (because you have submitted 15G/ 15H). This section helps to keep a check on all interest gains which are not taxed.

  • Part B– Details of Tax collected at source.

Tax Collected at Source (TCS) is collected by the seller from the buyer at the time of sale of specified category of goods such as Alcoholic liquor for human consumption. The TCS rate varies from one category of goods. The TCS is deposited with the govt.

  • Part C– Details of Tax paid (other than TDS or TCS)

Self assessment tax or Advance tax paid by the taxpayer will be shown in this part of the Form. Whenever you deposit advance tax/ self assessment tax directly to bank, the bank will upload that information after three days of the clearing of the cheque.

  • Part D– Details of refund received

If you have received ant tax refunds during the financial year that would be listed under this part.

  • Part E– Details of AIR Transactions

If taxpayer makes some high value transactions such as investment in property and mutual funds, that will be automatically reported to the income tax department by banks and other respective authorities through Annual Information Return (AIR).

  • Part F- Details of tax deducted on sale of immovable property (for buyer of the property)
  • Part G- Comprehensive view of TDS defaults relating to all TAN’s associated with PAN

About the Author

arpit goyalArpit Goyal is pursuing CA and B.com & also working as an article assistant in Gurgaon. He has an immense interest in Taxation. He loves to use technology to spread knowledge about taxation & accounts.

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