The due date for income tax return filing is 31 July every year. In this return filing season, you always come across two income tax related forms, one is Form 16 and other is Form 26AS. This post provides detailed information on how to view and download Form 26AS.
Form 16 is a certificate issued by an employer for tax deducted at source from your salary and deposited with the authorities. Form 26AS is an annual credit statement which shows all taxes received by the Income Tax Department for your PAN during the financial year.
Table of Contents
What is Form 26AS?
Form 26AS is one of the most important documents required while filing income tax return. It is the annual consolidated tax credit statement which shows all taxes received by the IT Department for your PAN during the financial year.
It gives details of all the taxes deducted against your PAN number at various sources. Therefore, you should always view and download Form 26AS for any discrepancies before filing income tax return.
Parts of Traces Form 26AS
Part A – Details of Tax Deducted at Source
Here, you can see all the details of TDS deducted from your salary, pension or interest income.
Part A1 – Details of Tax Deducted at Source for 15G/ 15H
This part covers details of income paid to you where no TDS has been deducted on it since you have submitted Form 15G or Form 15H with the deductor. You need to add this income to your taxable income for the financial year.
Part A2 – Details of Tax Deducted at Source on the sale of Immovable Property u/s 194IA/ TDS on rent of property u/s 194IB (For Seller/Landlord Property)
Part B – Details of the Tax Collected at Source
Details of the tax collected at source (TCS) by the seller of goods will appear here.
Part C – Details of the Tax Paid (other than TDS or TCS)
If you have paid Advance Tax or Self-assessment tax then that information will appear here. You can also find the details of the challan through which the tax was paid.
Part D – Details of Paid Refund
Details of the refund that you have received from the Income Tax department during the financial year will be present in this section.
Part E – Details of AIR Transaction
You can find the details of all your high-value transactions in this section. When you deposit the large sum in saving account, purchase high-value mutual funds, purchase of property, and purchase of corporate bonds etc the Banks and other financial institutions report it to the tax authorities.
Part F – Details of Tax Deducted at Source on Sale of Immovable Property u/s 194IA/ TDS on Rent of Property u/s 194IB (For Buyer and Tenant of Property)
Details of the TDS deducted before making payment to the seller can be found in this section.
Part G – TDS Defaults* (Processing of Statements)
Details of defaults relating to the processing of statements are found in this section of the form.
How to view and download Form 26AS
You can view and download it in two ways:
1. View and download Form 26AS from TRACES website.
2. You can view and download Form 26AS via Net Banking facility of authorized banks.
View and download Form 26AS from TRACES website
Follow the step by step process given below to view and download it from TRACES website.
Step 1
Go to Income Tax Department’s e-filing website (https://www.incometaxindiaefiling.gov.in/home). Log in with your User Id, Password, and Captcha. If you are not a registered user then you have to register yourself on the e-filing website.
For registration, you need to fill your PAN number, name, and date of birth and choose a password. Once the registration process is complete, you can log in to e-filing portal using your user Id and password. Please note that your PAN number will be your user Id.
Step 2
Once logged in, go to “My Account” on the main menu and click on “View Form 26AS (Tax Credit)” from the drop-down menu.
Step 3
Here you can see a “Disclaimer”. Read and click on “Confirm” button. Now you will be taken to TRACES website.
Step 4
Now you are on TRACES website. Here you need to select the box to agree to the usage and acceptance of Form 16 / 16A generated from TRACES. After selecting the box, click on “Proceed” button.
Step 5
Next page, click on the “View Tax Credit (Form 26AS)” link.
Step 6
Here, select the “Assessment Year” from the drop-down menu for which you want to view/download your tax credit. Select the file format against the “View As” from the drop-down menu. If you want to view it online, choose the file format as HTML and click on “View/Download” tab. If you want form 26AS download pdf, please view HTML then click on “Export as PDF” button.
Step 7
Password to open PDF / text file is Date of Birth / Date of Incorporation as printed on PAN card. Enter the date in DDMMYYYY format to open the file.
Download and View Form 26AS via Net Banking facility of authorized banks
You can also view and download Form it via Net Banking facility of authorized banks. A PAN holder having a net banking account with any authorized bank can use this facility.
You can view Income Tax Form 26AS download using this facility if your PAN number is linked to your bank account. You can avail this facility free of cost. Following banks are authorized for providing this facility
2. Andhra Bank
5. Canara Bank
10. Citibank N.A.
11. City Union Bank Limited
12. Dena Bank
16. Indian Bank
18. IndusInd Bank
20. Karnataka Bank Limited
21. Kotak Mahindra Bank Limited
24. Punjab National Bank
25. State Bank of India
26. Syndicate Bank
28. The Karur Vysya Bank Limited
29. The Saraswat Co-operative Bank Limited
30. UCO Bank
33. Vijaya Bank
34. Yes Bank Limited
Follow the step by step process given below to download and view Form 26AS using your bank’s internet banking website.
Step 1
Visit here http://contents.tdscpc.gov.in/en/netbanking.html
Step 2
Click on the link of the bank with which you have internet banking facility. Also note that your PAN have been mapped correctly.
Step 3
Once clicked on the concerned bank link, a message will appear that will prompt you to go to the bank’s site.
Step 4
Here, you need to login to the Bank Website using your Net Banking login credentials.
Step 5
Click on the “Tax Credit Statement” to view the details.
Also Read: List of Banks in India
Also Read: Best Tax Saving FD Rates
Final Thoughts
As a taxpayer, you should always download and view Form 26AS for any discrepancies before filing income tax return. Ideally, you should check it after every few months. Note that it is an important document for tax filing.
Note: This post was originally published on August 13, 2018 and has been completely updated for accuracy and comprehensiveness.
How to view and download Form 26AS?
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Hi,
Thanks for sharing detail article.
I have a home loan & really want to know how can I insert the home loan details.