What is Form 26AS in Income Tax?

There are many forms in Income Tax which we should be aware of. One of them is Form 26AS. This is basically your tax credit statement. It holds information about any amount deducted as TDS or TCS from income sources of a taxpayer. This is a general idea about what is Form 26AS in Income Tax. 

Now that you know what is 26 AS in Income Tax, let us take a look at the information it holds in detail.

• Tax deductions by all tax deductors

• Tax collection details

• Advance tax payment by taxpayer

• Regular tax assessment details

• Income Tax Refund received

• Record of high value transactions including shares, mutual funds, etc.

To view Form 26AS, you have to go to the TRACES portal by entering your user ID and password. Under the e-file tab, go to Income Tax Returns and select View Form 26AS.

This is all I have on what is Form 26AS for you. I hope this helps you out. 

Read more: