How to Download Form 26AS Online
Form 26AS is a consolidated annual tax statement that shows all the taxes deducted, collected and paid by or on behalf of a taxpayer in a financial year. It is also known as the Tax Credit Statement as it reflects the tax credits available to a taxpayer against the taxes paid. It is an essential document for filing income tax returns as it helps in verifying and reconciling the income and tax payments declared by a taxpayer.
download 25as
What is Form 26AS?
Form 26AS is a statement that provides details of any amount deducted as TDS or TCS from various sources of income of a taxpayer. It also reflects details of advance tax/self-assessment tax paid, and high-value transactions entered into by the taxpayer. Tax Credit Statement or Form 26AS is an important document for tax filing. Gone are the days when one has to download Form 26AS to file IT returns manually. The scope of the statement has now been expanded to include details of foreign remittances, mutual funds purchases, dividends, refund details, etc. Form 26AS gives a consolidated record of every tax-related information associated with your PAN (Permanent Account Number). It can be viewed and downloaded easily from the TRACES website. It is useful to verify the contents of the TDS certificate and ensure that the TDS deducted from your income is actually deposited with the income tax department.
Why is Form 26AS important?
Form 26AS is important for several reasons:
It helps in filing accurate income tax returns by providing all the necessary information related to income and tax payments.
It helps in claiming tax credits and refunds by showing the amount of taxes deducted, collected and paid by or on behalf of a taxpayer.
It helps in avoiding tax notices and penalties by detecting and reporting any discrepancies or errors in the tax deduction or payment.
It helps in complying with the income tax laws and regulations by disclosing all the high-value transactions entered into by a taxpayer.
What are the contents of Form 26AS?
Form 26AS contains the following information:
Tax deducted on your income by all the tax deductors
Tax collected at source by all the tax collectors
Tax paid (other than TDS or TCS) by you such as advance tax, self-assessment tax, regular assessment tax, etc.
Tax refund received by you during the financial year
High-value transactions regarding shares , mutual funds, bonds, etc. reported by the financial institutions
Details of foreign remittances made by you or received by you during the financial year
Details of specified financial transactions such as cash deposits, withdrawals, purchases, etc. above a certain threshold reported by the banks and other entities
Details of pending and completed income tax proceedings such as assessments, appeals, penalties, etc.
Details of any defaults or errors in relation to TDS or TCS such as short payment, late payment, interest, fee, etc.
How to view and download Form 26AS from TRACES website?
TRACES (TDS Reconciliation Analysis and Correction Enabling System) is a web-based portal that enables taxpayers to view and download their Form 26AS online. To access Form 26AS from TRACES website, you need to follow these steps:
Step 1: Login to e-Filing portal
Visit the of the income tax department and login with your user ID (PAN), password and captcha code. If you are not registered on the portal, you need to register yourself first by providing your PAN and other details.
Step 2: Go to My Account and click on View Form 26AS
After logging in, go to the My Account tab and click on View Form 26AS (Tax Credit) option. You will be redirected to a new page where you need to confirm your date of birth and PAN.
Step 3: Confirm and proceed to TDS-CPC portal
You will see a message that you will be redirected to the TDS-CPC website to view your Form 26AS. Click on Confirm button and proceed. You will also see a disclaimer that the income tax department is not responsible for the contents of the statement and that you should contact the deductor or collector for any discrepancy or error.
How to download 25as from income tax website
Download 25as pdf online
Download 25as for ay 2023-24
Download 25as from traces portal
Download 25as without login
Download 25as form in excel format
Download 25as password
Download 25as from net banking
Download 25as for previous years
Download 25as from e-filing portal
Download 25as statement online
Download 25as in mobile
Download 25as from nsdl website
Download 25as for tds refund
Download 25as from clear tax
Download 25as form for itr filing
Download 25as verification code
Download 25as from hdfc bank
Download 25as from sbi bank
Download 25as from icici bank
Download 25as form for ay 2022-23
Download 25as form for ay 2021-22
Download 25as form for ay 2020-21
Download 25as form for ay 2019-20
Download 25as form for ay 2018-19
How to download 25as in hindi
How to download 25as in tamil
How to download 25as in telugu
How to download 25as in marathi
How to download 25as in gujarati
How to download 25as in bengali
How to download 25as in kannada
How to download 25as in malayalam
How to download 25as in punjabi
How to download 25as in urdu
How to download and read form 26AS online - Income Tax India [^1^]
Form 26AS - What is Form 26AS? View And Download Form ... - ClearTax [^2^]
Online view through TRACES - Income Tax India [^3^]
Online view through E-filing Website - Income Tax India [^4^]
How to view and download Form 26AS using PAN card - Economic Times
Step 4: Agree to the terms and conditions and click on View Tax Credit
You will be taken to the TRACES website where you need to agree to the terms and conditions by checking the box and clicking on Proceed. Then, you need to click on View Tax Credit (Form 26AS) option under the Statements/Forms tab.
Step 5: Select the assessment year and the format of the statement
You will be asked to select the assessment year for which you want to view or download your Form 26AS. The assessment year is the year following the financial year for which you are filing your income tax return. For example, for the financial year 2022-23, the assessment year is 2023-24. You also need to select the format of the statement as HTML, Text or PDF. If you want to view it online, select HTML. If you want to download it, select Text or PDF.
Step 6: View or download Form 26AS as HTML, Text or PDF file
If you have selected HTML format, you will be able to see your Form 26AS on your screen. You can also print it by clicking on Print option. If you have selected Text or PDF format, you will be asked to enter a verification code that will be sent to your registered mobile number and email ID. After entering the code, you will be able to download your Form 26AS as a Text or PDF file. You can save it on your computer or device for future reference.
How to view and download Form 26AS from net banking facility?
If you have a net banking account with any of the authorized banks that are registered with TRACES, you can also view and download your Form 26AS from your net banking facility. To access Form 26AS from net banking facility, you need to follow these steps:
Step 1: Login to your net banking account
Visit the website of your bank and login with your user ID and password. If you are not registered for net banking, you need to register yourself first by providing your bank account details and other information.
Step 2: Go to Tax Center or Tax Services section
After logging in, go to the Tax Center or Tax Services section of your net banking account. You may find it under Accounts or Services tab depending on your bank.
Step 3: Click on View Form 26AS or Tax Credit Statement
You will see an option to view your Form 26AS or Tax Credit Statement under Tax Center or Tax Services section. Click on it and you will be redirected to the TRACES website. You may need to confirm your PAN and date of birth before proceeding.
Step 4: Confirm and proceed to TDS-CPC portal
You will see a message that you will be redirected to the TDS-CPC website to view your Form 26AS. Click on Confirm button and proceed. You will also see a disclaimer that the income tax department is not responsible for the contents of the statement and that you should contact the deductor or collector for any discrepancy or error.
Step 5: Follow the same steps as above to view or download Form 26AS
Once you are on the TRACES website, you need to follow the same steps as mentioned above for viewing or downloading Form 26AS from TRACES website. You can choose the assessment year, the format and the verification code to access your Form 26AS.
How to verify and reconcile Form 26AS with your income and tax payments?
Form 26AS is a useful document for verifying and reconciling your income and tax payments with the income tax department. It helps you to avoid any mismatch or discrepancy that may lead to tax notices or penalties. To verify and reconcile Form 26AS with your income and tax payments, you need to follow these steps:
Compare Form 26AS with Form 16 or Form 16A for TDS details
If you are a salaried employee, you will receive Form 16 from your employer that shows the details of your salary income and the TDS deducted by your employer. If you have any other income such as interest, commission, rent, etc., you will receive Form 16A from the respective deductors that shows the details of your income and the TDS deducted by them. You need to compare these forms with your Form 26AS and ensure that the TDS deducted from your income is correctly reflected in your Form 26AS. If there is any mismatch or discrepancy, you need to contact the deductor and ask them to rectify it.
Compare Form 26AS with your bank statements for tax payments details
If you have paid any tax (other than TDS or TCS) such as advance tax, self-assessment tax, regular assessment tax, etc., you need to compare your Form 26AS with your bank statements and ensure that the tax payments made by you are correctly reflected in your Form 26AS. If there is any mismatch or discrepancy, you need to contact the bank or the income tax department and ask them to rectify it.
Compare Form 26AS with your income tax return for income details
If you have filed your income tax return, you need to compare your Form 26AS with your income tax return and ensure that the income declared by you is correctly reflected in your Form 26AS. If there is any mismatch or discrepancy, you need to revise your income tax return or file a rectification request with the income tax department.
Report any discrepancies or errors to the concerned deductor or tax authority
If you find any discrepancies or errors in your Form 26AS, you need to report them to the concerned deductor or tax authority as soon as possible. You can also raise an online grievance on the e-Filing portal under e-Nivaran section. You need to provide all the relevant details such as PAN, assessment year, nature of grievance, etc. and attach supporting documents if any. You will receive an acknowledgment number and a resolution status for your grievance.
Conclusion
Form 26AS is a vital document for every taxpayer as it shows all the taxes deducted, collected and paid by or on behalf of a taxpayer in a financial year. It helps in filing accurate income tax returns, claiming tax credits and refunds, avoiding tax notices and penalties, and complying with the income tax laws and regulations. It can be easily viewed and downloaded from the TRACES website or from the net banking facility of authorized banks. It is advisable to check and verify Form 26AS regularly and report any discrepancies or errors to the concerned deductor or tax authority.
FAQs
Q: How can I access my Form 26AS without net banking?
A: You can access your Form 26AS without net banking by logging into the e-Filing portal of the income tax department and following the steps mentioned above.
Q: How can I download my Form 26AS in Excel format?
A: You cannot download your Form 26AS in Excel format directly from the TRACES website. However, you can convert your Form 26AS in Text format to Excel format by using some online tools or software.
Q: How can I check the status of my tax refund in Form 26AS?
A: You can check the status of your tax refund in Form 26AS by looking at Part A of the statement. It will show the details of the refund amount, mode of payment, date of payment, etc.
Q: How can I correct my PAN details in Form 26AS?
A: You can correct your PAN details in Form 26AS by applying for PAN correction online or offline. You need to fill the PAN correction form and submit it along with the required documents and fees. Once your PAN details are updated, your Form 26AS will also reflect the changes.
Q: How can I get a password to open my Form 26AS PDF file?
A: You can get a password to open your Form 26AS PDF file by using your date of birth in DDMMYYYY format. For example, if your date of birth is 01/01/1990, your password will be 01011990.
44f88ac181
Comments