Form 26AS

Tax & Deductions

Form 26AS is a consolidated annual tax statement showing all TDS deducted on your income, TCS collected, advance tax paid, and refunds received. Available on the Income Tax portal. Now largely superseded by AIS but still relevant for TDS verification.

In detail

Form 26AS shows:nPart A: TDS deducted by employer, banks, etc.nPart B: TCS collectednPart C: Advance tax and self-assessment tax paidnPart D: Refunds receivednPart F: SFT (Specified Financial Transactions above threshold)nnAlways verify Form 26AS and AIS match before filing ITR. Mismatch can trigger scrutiny notice from Income Tax Department.

Real-life example

🇮🇳 India example

Rohit gets interest from 4 banks. Each bank deducts TDS. Form 26AS shows all four TDS entries against his PAN. When filing ITR, he claims credit for total TDS = Rs 8,400. If he claims a TDS not appearing in Form 26AS, ITR may be flagged for mismatch.

Frequently asked questions

Form 26AS vs AIS -- what is the difference? ▼

Form 26AS: TDS/TCS and tax payment data. AIS: comprehensive -- includes all financial transactions (purchases, investments, property, rent, etc.). AIS is more complete. Use AIS primarily; Form 26AS to verify TDS entries.