What is Form 26AS of Income Tax India?

What is Form 26AS of Income Tax India?

Many of you may have never heard anything about Form 26AS. Let me explain you that what exatly form 26AS is and why is it so much important?

Well, in Simple layman’s language, Form 26AS is the form which has all the details of your tax deductions like TDS ( tax deduction at Source), TCS (Tax Collection at Source) and advance tax/self assessment tax/regular assessment tax etc

Here are the Most Frequently Asked Questions (FAQs) about Form 26AS.

You can also Download Form 26AS here.

Many people still don’t understand the meaning of Form 26AS and don’t give much importance to this form. But well, this is really an important form to avoid all kind of troubles related to income tax afterwards.

I have seen many people who received letters from income tax departments asking for more tax even though their former employers have already paid all the tax from their salary deductions.

And if you don’t want to become a victim of such kind of mis-management by income tax department than know and understand form 26AS in detail.

This form is really important to avoid any income tax related problems and complications later on.