In addition to this, the form also contains details of all your deductors like an employer, bank, etc. Form 26AS can be accessed by a taxpayer’s Permanent Account Number (PAN) and is one of the most important forms to verify the post-tax payment. Form 26 AS is an annual consolidated tax statement that contains all the information related to the tax paid by an assessee, together with the income on which such tax has been deducted and the taxes which have been paid on behalf of the assessee by the deductor. To record, such tax credits of an assess the Department of Income Tax maintains Form 26AS. However, the government also allows the assessee to claim the credit of such taxes while filing his Income Tax Return(ITR). To collect tax from the assessee in the previous year itself the government collects it in the form of TDS, TCS, and advance tax. HOW TO DOWNLOAD FORM 26AS FROM TRACES PORTAL? What is Form 26AS? Appointment and Resignation of Director.
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