It is an official form that contains tax-related information of the taxpayer. Form 26AS also contains the details of tax deducted at source, tax collected at source, advance tax and high-end transactions. Form 26AS is linked with PAN details and the details in form 26AS are listed below
Tax deducted by the deductors on behalf of the taxpayers
Details of the tax collected
Details of tax deposited by the taxpayers like advance tax, self-assessment tax, regular assessment tax
Details of annual information report transactions
Form 26AS consists of three parts - A, B and C. Part A contains details of tax deducted at source. It contains the details of all the taxes that are deducted at the source, whether it is salary, pension income or interest income. It contains details of the deductor along with the details of the tax amount which is deducted.
Part B contains the details of the seller and tax collected at source (TCS) on the selling price of a commodity.
Part C contains the details of direct taxes paid by the taxpayer, advance tax and self-assessment tax
How to view form 26AS
One can view form 26AS by two methods:
TRACES or TDS reconciliation analysis and correction enabling system facility: The taxpayer needs to register with the TRACES in order to use the facility. An employee needs to follow these steps in order to view form 26AS:
Login to the account using PAN details, password, date of birth or date of incorporation.
Give confirmation to be redirected to TDS-CPC website.
Click on the link at the bottom of the page.
Choose the assessment year.
Choose the format in which you want to view the form.
Download the form.
An employee can also use the netbanking facility to view 26 AS. Any person with a PAN card and who has an account with any of the authorized banks can use this service for free of cost. Viewing the form is more convenient with netbanking
How to view form 26AS without registering
You can view form 26AS without even registering with net banking facility. You can view form 26AS from TRACES website. Registering your credentials with the TRACES website is not mandatory to view the form, you can also view the form if your account number is linked with any of the authorized banks. The list of banks who have the facility of viewing form 26AS are:
Kotak Mahindra Bank Limited
Oriental Bank of Commerce
Jammu and Kashmir Bank Limited
Karnataka Bank Limited
Indian Overseas Bank
United Bank of India
Union Bank of India
IDBI Bank Limited
ICICI Bank Limited
The Saraswat Co-operative Bank Limited
The Karur Vysya Bank Limited
Corporation Bank Syndicate Bank
The Federal Bank
City Union Bank Limited
State Bank of Travancore
State Bank of Patiala
Central Bank of India
State Bank of Mysore
State Bank of India
Bank of Maharashtra
Bank of Hyderabad
Bank of India
State Bank of Bikaner & Jaipur
Bank of Baroda
Punjab National Bank
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