The Central Board of Direct Taxes, or CBDT, has said that taxpayers will get the revised Form 26AS in this assessment year, in which additional information can be found regarding statements related to financial transactions in different categories. The Income Tax Department itself provided this information through a tweet. CBDT has said in a statement that the new form will help taxpayers file ITR. The IT department's tweet also says that ITR can be easily filed with the help of this form brought to CBDT.
your annual tax statement, which you can remove with the help of your PAN number by visiting the Income Tax Department website. You will get all the information about the tax paid by you and the tax deducted by any organization in the form 26AS. This form is required at the time of ITR filing.
Details related to the deductor can also be found in this form. For example, you will also get the name of the deductor and the tax deduction account number i.e. TAN. In addition to this, Form 26AS not only contains the information related to tax payments, but also the details of the tax refund you have received in the relevant financial year.
In order to download Form 26AS, first, you need to go to the Income Tax Department website and log in. In the My Account section there, you will have to tab to View Form 26AS and click. Upon clicking, you will reach the Traces website, where you can download the statement by entering the assessment year. Keep in mind that the downloaded file will be password protected, which you will have to use as your birthday password to open it.
