Filing taxes can feel like navigating a maze of documents, but one crucial piece in the puzzle is Income Tax Form 26AS. This form serves as an annual summary of your taxes, encompassing details about deductions and payments throughout the financial year. Issued by the Income Tax Department. Here is a simple guide to know about form 26AS and its accessibility.
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What is Form 26AS?
Form 26AS is like a comprehensive report card for your taxes. It compiles information on all taxes deducted and paid during the financial year. Think of it as your tax scorecard provided by the Income Tax Department.
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Step By Step Guide to Access Form 26AS Online
Step 1: log on to the Income To Income Tax Department’s official website
(https://www.incometax.gov.in/iec/foportal/)
Step 2: Log in using your registered user ID and password.
Step 3: On the Dashboard, click “e-File” at the top.
Step 4: Navigate to “Income Tax Return” under e-File and select “View Form 26AS.”
Step 5: Confirm and agree to the TRACES website terms and conditions.
Step 6: Click “View Tax Credit (Form 26AS/Annual Tax Statement).”
Step 7: Choose the assessment year and file type (HTML or Text).
Step 8: If you want a detailed view, select “HTML” and click “View/Download.”
After these steps, you can view all your TDS transactions. For added convenience, those can even exported as a PDF file.
Form 26AS ensures to have a consolidated view of your tax-related transactions, making the tax-filing journey a bit more manageable. It’s a tool designed to keep taxpayers informed about their financial responsibilities and contributions.
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