top of page
Search
petundug

Form 26AS: What is it, Why is it Important, and How to Download it from TRACES



- Step 1: Login to Income Tax e-Filing Website - Step 2: View Form 26AS (Tax Credit) - Step 3: Confirm redirection to TRACES website - Step 4: Select Assessment Year and View Type - Step 5: View or download Form 26AS - Conclusion: Summary and benefits of downloading Form 26AS from TRACES H2: Introduction: What is Form 26AS and why is it important? - Explain what Form 26AS is and what information it contains - Explain why Form 26AS is useful for tax filing and verification of tax credits H2: Step 1: Login to Income Tax e-Filing Website - Provide the link to the Income Tax e-Filing Website - Explain how to register or login with user ID, password, and PAN H2: Step 2: View Form 26AS (Tax Credit) - Explain how to go to My Account menu and click on View Form 26AS (Tax Credit) link H2: Step 3: Confirm redirection to TRACES website - Explain how to read the disclaimer and click on Confirm button - Explain how to agree the acceptance of usage and click on Proceed button H2: Step 4: Select Assessment Year and View Type - Explain how to select the assessment year and view type (HTML, Text, or PDF) from the drop-down menus H2: Step 5: View or download Form 26AS - Explain how to click on View/Download button and see the Form 26AS on the screen or download it as a file - Explain how to export the Form 26AS as PDF if viewed as HTML H2: Conclusion: Summary and benefits of downloading Form 26AS from TRACES - Summarize the main points of the article - Highlight the benefits of downloading Form 26AS from TRACES such as easy tax filing, verification of tax credits, detection of errors or discrepancies, etc. Table 2: Article with HTML formatting How to Download Form 26AS from TRACES




If you are a taxpayer in India, you must be aware of Form 26AS, which is an annual consolidated tax statement that shows the details of tax deducted or collected at source, tax paid by you, tax refunds received by you, and high-value transactions entered by you in a financial year. Form 26AS is an important document for tax filing as it helps you to verify the tax credits that you are eligible for and avoid any errors or discrepancies in your income tax return.




download 26as from traces




In this article, we will explain how to download Form 26AS from TRACES, which is the online platform for viewing and downloading various tax-related documents. TRACES stands for TDS Reconciliation Analysis and Correction Enabling System and it is managed by the Income Tax Department. By following these simple steps, you can easily download your Form 26AS from TRACES and use it for your tax filing purposes.


Step 1: Login to Income Tax e-Filing Website




The first step is to login to the Income Tax e-Filing Website , which is the official portal for filing your income tax return online. If you are not registered on this website, you can register yourself by providing your basic details such as PAN, name, date of birth, etc. If you are already registered, you can login with your user ID (which is your PAN), password, and captcha code.


Step 2: View Form 26AS (Tax Credit)




After logging into your account, you will see a dashboard with various options. Go to the My Account menu on the top right corner and click on View Form 26AS (Tax Credit) link. This will take you to a page where you can view your tax credit statement.


Step 3: Confirm redirection to TRACES website




On this page, you will see a disclaimer that states that you will be redirected to the TRACES website for viewing your Form 26AS. Read the disclaimer carefully and click on Confirm button. You will then be redirected to the TRACES website where you have to agree the acceptance of usage by clicking on Proceed button. You will then see a page where you can view your Form 26AS online or download it as a file.


Step 4: Select Assessment Year and View Type




On the TRACES website, you have to select the assessment year and the view type for your Form 26AS. The assessment year is the year in which you file your income tax return for the previous financial year. For example, if you want to download Form 26AS for the financial year 2022-23, you have to select the assessment year 2023-24. The view type is the format in which you want to see your Form 26AS. You can choose from HTML, Text, or PDF formats. HTML format allows you to view your Form 26AS on the screen, Text format allows you to download your Form 26AS as a text file, and PDF format allows you to download your Form 26AS as a PDF file. You can also export your Form 26AS as PDF if you view it as HTML.


Step 5: View or download Form 26AS




After selecting the assessment year and the view type, you have to click on View/Download button. You will then see your Form 26AS on the screen or download it as a file depending on your choice. Your Form 26AS will contain various parts such as Part A, Part B, Part C, Part D, Part E, and Part F. Each part will show different details of your tax deducted or collected at source, tax paid by you, tax refunds received by you, and high-value transactions entered by you in the financial year. You can check each part carefully and verify the information with your own records.


Conclusion: Summary and benefits of downloading Form 26AS from TRACES




In this article, we have explained how to download Form 26AS from TRACES in five easy steps. By downloading your Form 26AS from TRACES, you can enjoy the following benefits:


  • You can easily file your income tax return online by using the information from your Form 26AS.



  • You can verify the tax credits that you are eligible for and claim them in your income tax return.



  • You can detect any errors or discrepancies in your Form 26AS and rectify them with the help of the deductor or collector.



  • You can avoid any notices or penalties from the Income Tax Department for mismatch or under-reporting of income or taxes.



  • You can keep a record of your tax history and transactions for future reference.



Form 26AS is a vital document for every taxpayer in India and downloading it from TRACES is a simple and convenient process. We hope this article has helped you to understand how to download Form 26AS from TRACES and use it for your tax filing purposes.


How to download Form 26AS from TRACES website


Steps to view and download Form 26AS online


What is Form 26AS and how to access it from e-filing portal


Form 26AS - Tax Credit Statement - View and Download


TRACES login - Download Form 26AS using PAN or Aadhaar


Benefits of Form 26AS and how to verify TDS details


Form 26AS download - PDF password and format


How to link Form 26AS with income tax return


Common errors in Form 26AS and how to rectify them


Form 26AS vs Form 16 - Difference and reconciliation


How to download Form 26AS from netbanking facility


New format of Form 26AS - What has changed and why


How to check refund status in Form 26AS


How to view high-value transactions in Form 26AS


How to download consolidated Form 26AS for multiple years


How to import Form 26AS data into Excel sheet


How to file a grievance related to Form 26AS on TRACES portal


How to update email ID and mobile number for Form 26AS alerts


How to view foreign remittance details in Form 26AS


How to download Form 26AS for NRI taxpayers


How to view TDS deducted on property sale in Form 26AS


How to view TDS deducted on rent payment in Form 26AS


How to view TDS deducted on professional services in Form 26AS


How to view advance tax and self-assessment tax paid in Form 26AS


How to view tax demand and refund details in Form 26AS


How to view assessment proceedings and tax notices in Form 26AS


How to view GST turnover details in Form 26AS


How to view dividend income details in Form 26AS


How to view mutual fund purchase details in Form 26AS


How to view cash deposit details in Form 26AS


How to view credit card payment details in Form 26AS


How to view share purchase details in Form 26AS


How to view bond purchase details in Form 26AS


How to view insurance premium payment details in Form 26AS


How to view hotel booking details in Form 26AS


How to view foreign travel details in Form 26AS


How to view education loan repayment details in Form 26AS


How to view electricity bill payment details in Form 26AS


How to view health insurance premium payment details in Form 26AS


How to view digital wallet transaction details in Form 26AS


How to view demat account opening details in Form 26AS


How to view fixed deposit opening details in Form 26AS


How to view locker rental payment details in Form 26AS


How to view gold purchase details in Form 26AS


How to view art purchase details in Form 26AS


How to view cryptocurrency transaction details in Form 26AS


How to view peer-to-peer lending details in Form 26AS


How to view e-commerce purchase details in Form 26AS


How to view online gaming details in Form 26AS


FAQs




Q1: What is the difference between Form 16 and Form 26AS?




A1: Form 16 is a certificate issued by your employer that shows the details of tax deducted at source (TDS) from your salary income and deposited with the government. Form 26AS is a statement that shows the details of all tax deducted or collected at source, tax paid by you, tax refunds received by you, and high-value transactions entered by you in a financial year. Form 16 is issued only for salary income while Form 26AS covers all types of income.


Q2: How can I access my Form 26AS without logging into the Income Tax e-Filing Website?




A2: You can also access your Form 26AS through other modes such as net banking, Aadhaar-based e-KYC verification, or directly through TRACES website. For net banking, you have to login to your bank account and look for an option to view or download Form 26AS under services or taxes section. For Aadhaar-based e-KYC verification, you have to visit and click on View Your Tax Credit option under Quick Links section. You have to enter your PAN and Aadhaar number and verify with OTP. For directly accessing through TRACES website, you have to visit and enter your PAN and captcha code.


Q3: How can I rectify any errors or discrepancies in my Form 26AS?




A3: If you find any errors or discrepancies in your Form 26AS, such as incorrect amount of tax deducted or collected at source, missing details of tax paid by you, mismatch of PAN or name, etc., you should contact the deductor or collector who has deducted or collected the tax from your income and request them to rectify the mistake. You can also raise an online grievance on the e-Nivaran portal of the Income Tax Department by logging into your account on the Income Tax e-Filing Website and selecting the e-Nivaran option under Help menu. You have to provide the details of your grievance and attach the relevant documents to support your claim.


Q4: How can I verify the authenticity of my Form 26AS?




A4: You can verify the authenticity of your Form 26AS by checking the digital signature on it. If you download your Form 26AS as a PDF file, you will see a digital signature at the bottom of each page. You can click on the signature and see the details of the signer, which should be TRACES or TDS CPC. You can also validate the signature by using Adobe Reader software. If you view your Form 26AS as HTML, you will see a verification code at the bottom of each page. You can enter this code on the TRACES website and confirm that your Form 26AS is genuine.


Q5: How often is Form 26AS updated?




A5: Form 26AS is updated periodically based on the information received from various sources such as deductors, collectors, banks, etc. Generally, Form 26AS is updated within three days of filing of TDS or TCS returns by the deductors or collectors. However, some details such as tax paid by you, tax refunds received by you, or high-value transactions entered by you may take longer to reflect in your Form 26AS depending on the processing time of the concerned authorities. 44f88ac181


0 views0 comments

Recent Posts

See All

Super hit baseball mod apk

Super Hit Baseball Mod APK: Como jogar beisebol como um profissional no seu telefone O jogo tem quatro níveis de dificuldade: Fácil,...

Comments


!
Widget Didn’t Load
Check your internet and refresh this page.
If that doesn’t work, contact us.
bottom of page