Form 26AS News

ITR Filing Deadline: Earlier, the last date for resident individuals to make these submissions for assessment year (AY) 2024-25 was set at 31st December 2024.  

Information auto populated in Form 26AS. New income tax return form heavier in content. Form 26AS contains details of taxpayer.

Form 26AS is an annual consolidated tax statement. It can be accessed from the income-tax website. Taxpayers using PAN can get it.

From this Assessment Year, taxpayers will see an improved Form 26AS. It would carry some additional details on taxpayers’ financial transactions. This would also bring in further transparency and accountability in the tax administration.

From this Assessment Year, taxpayers will see an improved Form 26AS. It would carry some additional details on taxpayers’ financial transactions as specified in the Statement of Financial Transactions (SFTs) in various categories. This would also bring in further transparency and accountability in the tax administration.

Form 26AS for any taxpayer, from now onwards, will display in part E of the Form, different fields such as type of transaction, name of SFT filer, date of transaction. It will also display single/joint party transaction, number of parties, amount, mode of payment and remarks etc. This would help the honest taxpayers with updated financial transactions while filing their returns.

Form 26AS is one of the most important documents that needs to be verified prior to filing Income Tax Returns (ITR).

Form 26AS is essentially a tax credit statement which displays all taxes received by the I-T department. The form is accessible from the tax department's website.