Form 26AS is a tax credit statement containing TDS, TCS, advance tax, refund and other tax-related details linked with your PAN.
Form 26AS is an important tax document provided by the Income Tax Department.
It shows details of:
Tax deducted by employer from salary income.
TDS deducted on fixed deposits and interest income.
Tax paid directly by taxpayer during the year.
Income tax refund issued by department.
Tax collected on foreign travel, vehicle purchase etc.
Certain major financial transactions linked with PAN.
Helps claim proper TDS credit while filing ITR.
Mismatch between ITR and Form 26AS may trigger notices.
Correct TDS entries help faster refund processing.
Ensures tax deducted by employer/bank is deposited properly.
| Particular | Form 16 | Form 26AS |
|---|---|---|
| Issued By | Employer | Income Tax Department |
| Salary Details | Yes | No |
| TDS Details | Yes | Yes |
| Advance Tax Details | No | Yes |
| Refund Details | No | Yes |
It is not mandatory but strongly recommended before filing ITR.
Generally TDS credit should appear in Form 26AS for smooth processing.
It is updated periodically after TDS returns are filed by deductors.
FileBob helps taxpayers verify Form 26AS, AIS and file accurate Income Tax Returns online.
File ITR Online @ ₹118