📌 Introduction:
Before filing your Income Tax Return (ITR), there’s one document you must check — Form 26AS.
But what exactly is Form 26AS, and why is it so important?
Let’s break it down simply and practically.
🧾 What is Form 26AS?
Form 26AS is a consolidated annual tax statement that contains all the tax-related information linked to your PAN number. The Income Tax Department maintains this form and can be accessed online.
It shows:
- All TDS (Tax Deducted at Source) entries made by your employer, bank, or clients
- Any advance tax or self-assessment tax paid by you
- Refunds issued by the IT Department
- High-value transactions (like property purchase, mutual funds, etc.)
In short, it’s a mirror of your tax records as seen by the Income Tax Department.
✅ Why is Form 26AS Important Before Filing Your ITR?
- To Verify TDS Deductions
Sometimes, tax is deducted from your income but not deposited or reported correctly. Checking Form 26AS ensures that you claim only what’s deposited. - To Avoid Mistakes in Your Tax Return
It acts as a reference sheet—if your ITR matches the data in Form 26AS, you significantly reduce the chances of error. - To Track All Income Sources
You might forget some income, like interest from fixed deposits — Form 26AS helps ensure no income is missed. - To Prevent Income Tax Notices
Mismatched details can trigger tax notices. Filing your return as per Form 26AS keeps you safe from unnecessary scrutiny. - To Prove Your Tax Compliance
It’s a valid document for banks and financial institutions if you’re applying for a loan or undergoing financial verification.
🧑💼 How to Download Form 26AS?
It’s simple and free. Just follow these steps:
- Visit https://www.incometax.gov.in
- Log in using your PAN
- Go to “e-File” > “Income Tax Returns” > “View Form 26AS”
- You’ll be redirected to the TRACES portal
- Choose the financial year and view/download as PDF or HTML
📍 Final Advice from Amiko Finserv:
Form 26AS is not just a form — it’s the foundation of your tax return.
Review it before filing your ITR to avoid mismatches, missed income, or refund delays.
And if you’re unsure about any entry, we’re just a call away.
📞 Contact Amiko Finserv Today
For ITR filing, tax planning, or CA consultation:
📱 9718282653 | 8588013069
📧 amikogroup.in@gmail.com
🌐 www.amikofinserv.com
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