Form 26AS: How to View and Download

Form 26AS is a statement of tax credits. It is a consolidated statement that contains information about the tax that has been deducted or collected from an individual's income, as well as the taxes paid by the individual.

Purpose of Form 26AS

The primary purpose is to provide taxpayers with a consolidated statement of their tax credit. It is used to verify the taxes paid by the taxpayer and to ensure that the tax credits claimed by the taxpayer match the taxes paid as per the department's records. This helps to prevent fraud and errors in the tax system. Additionally, Form 26AS can be used by taxpayers to claim any missing tax credit and to rectify any errors or discrepancies in their tax records. It also helps taxpayers to ensure that they have received credit for taxes paid to the government.

How to view or download Form 26AS?

The following steps to view or download the Form-26AS from e-Filing portal:

• Logon to 'e-Filing' Portal https://www.incometax.gov.in/iec/foportal/
• Go to the 'My Account' menu, click 'View Form 26AS (Tax Credit)' link.
• Read the disclaimer, click 'Confirm' and the user will be redirected to TDS-CPC Portal.
• In the TDS-CPC Portal, Agree the acceptance of usage. Click 'Proceed'.
• Click 'View Tax Credit (Form 26AS)'
• Select the 'Assessment Year' and 'View type' (HTML, Text or PDF)
• Click 'View/ download'

Parts of Form 26AS

Form 26AS is divided into several parts, each containing specific information related to the taxpayer's tax credit. The parts are:

Part A: Details of Tax Deducted at Source  

Part A of Form 26AS contains the details of tax that has been deducted at source (TDS) on the income earned by the taxpayer. This includes information about the TDS deducted by employers on salary income, TDS deducted by banks on interest income, TDS deducted by landlords on rent income, and TDS deducted by other entities on various types of income.

• Part A1: Details of Tax Deducted at Source for 15G/15H - Part A1 of Form 26AS contains the details of tax that has been deducted at source (TDS) on the income earned by the taxpayer under section 15G and 15H
• Part A2: Details of Tax Deducted at Source on the Sale of Immovable Property u/s194(IA)/TDS on Rent of Property u/s 194IB/TDS on Payment to Resident contractors and professionals u/s 194M (For Seller/Landlord of Property/ Payee of resident contractors and professionals - Part A2 of Form 26AS contains the details of tax that has been deducted at source (TDS) on the sale of immovable property, rent of property and payments made to resident contractors and professionals as per sections 194IA, 194IB and 194M respectively of the Income Tax Act.

Part B: Details of Tax Collected at Source

Part B of Form 26AS contains the details of tax that has been collected at source (TCS) on certain specified transactions as per the provisions of the Income Tax Act.

Part C: Details of Tax Paid (other than TDS or TCS)

Part C of Form 26AS contains the details of tax that has been paid by the taxpayer (other than TDS or TCS) through various modes such as self-assessment tax, advance tax, regular assessment tax, and demand payment.

Part D: Details of Paid Refund

Part D of Form 26AS contains the details of refund that has been paid to the taxpayer by the Income Tax Department.

Part E: Details of SFT Transaction

Part E of Form 26AS contains the details of Statement Financial Transactions (SFT) that have been reported to the Income Tax Department. SFT refers to certain specified financial transactions that have been notified by the government and are required to be reported to the tax department.

The transactions that are considered as SFT include, but not limited to:

• Deposits of cash or cheques in a bank account that exceeds a certain threshold
• Purchase or sale of immovable property valued at a certain amount
• Purchase of shares or securities that exceeds a certain value
• Purchase of foreign currency or traveler's cheques that exceeds a certain amount

Part F: Details of Tax Deducted at Source on the sale of Immovable Property u/s194(IA)/TDS on Rent of Property u/s 194IB/TDS on payment to resident contractors and professionals u/s 194M (For Buyer/Tenant of Property/Payer of resident contractors and professionals)

Part F of Form 26AS contains the details of tax that has been deducted at source (TDS) on the sale of immovable property, rent of property and payments made to resident contractors and professionals as per sections 194IA, 194IB and 194M respectively of the Income Tax Act.

Part G: TDS Defaults* (processing of Statements)

Part G of Form 26AS contains the details of TDS defaults, if any, that have been reported to the Income Tax Department. TDS defaults occur when the deductor (the entity that deducts TDS) fails to deposit TDS with the government within the specified time frame or fails to file TDS returns.

Part H: Details of Turnover as per GSTR-3B

Part G of Form 26AS shows turnover of the taxpayer as reported in the GSTR-3B return.

So these are the parts of form 26AS, the detailed information on each part can be found on the official website of the Income Tax Department

Password to open Form 26AS

The password to open form 26AS is the taxpayers DOB/ incorporation in DDMMYYYY format i.e  birth/ incorporation date without any slash. For Example, if your date of birth is 8th August 1961 then, the password will be 08071961.