02 July 2010
Form 26AS: it is an Annual Tax Statement, which is created financial year wise on the basis of TDS/TCS returns filed by the Deductor/Collector and tax deposited in the bank. Form 26AS includes details of: a) All tax deducted at source (TDS) covered in Part A; b) All tax collected at source (TCS) covered in Part B;and c) All advance tax/self assessment tax/regular assessment tax etc., deposited in the bank by the taxpayers (PAN holders) covered in Part C.
02 July 2010
Form No. 26AS is a form in which the credit of Income tax in the form of TDS, TCS, Self Asessment Tax in a particular year year are intimated to the assessee by the Income Tax department.
CAclubindia
