It serves as an essential record for taxpayers as it aids in verifying the tax credit claimed in the Income Tax Return and reconciling tax paid with the Tax Liability. It can be accessed through the Tax Deductors and Collectors System (TRACES) portal by using the taxpayer's Permanent Account Number (PAN). The income tax Department generates the document. Furthermore, it also showcases information regarding refunds received and high-value transactions. It is a comprehensive statement that includes Taxes paid, such as Tax Deducted at Source (TDS), Tax Collected at Source (TCS), and self-assessment tax. Understanding and Utilising the TDS Transactions Record through TRACES Updated on Ap, 68 viewsįorm 26AS is a document that summarizes tax-related information for a particular financial year. Is it necessary to check Form 26AS before filing my income tax returns? Do I need to provide any additional documents while accessing Form 26AS? Can I access Form 26AS of a previous financial year? What is the difference between regular Form 26AS and TDS Traces Form 26AS? What should I do if I forget my TRACES login password?
Can I download Form 26AS in multiple formats?
What are the Services Provided on TRACES?.
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