What is Form 26AS?

Income tax can be paid to the income tax department through these three methods:

1.        TDS
2.        TCS
3.        Advance Tax / Self Assessment Tax.

Form 26AS is the form that is issued to the tax payer by income tax department. This form contains the total Tax Deducted at Source/ Tax Collected at Source/Advance Tax or Self Assessment Tax details. The amount that is to be refunded to the tax payer is also a part of the Form 26AS.

Form 26AS is divided into three parts:

·         Part A: Details of Tax Deducted at Source

·         Part B: Details of Tax Collected at Source

·         Part C: Details of Tax Paid (Self Assessment Tax / Advance Tax)

To get your Form 26AS, you need to visit the following URL:

https://www.tdscpc.gov.in.

If you are a new user, you have to register and create an account. If you are an existing user, you have to login and click on the respective assessment year and check the tax deducted amount with the amount that is reported in your Form 26AS. If there are no some discrepancies, it means that you have paid all the taxes and it has been received by the income tax department.