The form also contains information about refunds received, if any, and details of high-value transactions reported by the taxpayer during the financial year. This form is also known as Annual Statement or Tax Credit Statement.įorm 26AS includes information about tax deducted at source (TDS) on salary, interest income, and other payments, as well as tax collected at source (TCS) and advance tax payments made by the taxpayer. Form 26AS is a consolidated tax statement issued by the Income Tax Department of India containing the details of all tax deducted on behalf of a taxpayer and taxes paid by the taxpayer during a financial year.
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