One can now view one's Form 26AS (Taxes paid) easily at ITR e-Filing website, without any additional login. To view the tax statement, Assessees can now login in to www.incometaxindiaefiling.gov.in with their login, and click on “My Accounts” -> “View Tax Credit Statement (Form 26AS)”. Next what you have to do is, select the “assessment year”, confirm your “date of birth” and proceed. It will open the same NSDL website page of PAN ledger account.What is Form 26ASForm 26AS is an Annual Tax Statement regularly updated by Income Tax Department. This allows the tax payer to verify proper credits of Taxes paid (mainly TDS and also Advance Tax / Self Assessment Tax).
Why we should verify
After depositing some amount into our Bank Account, we verify whether it has reflected properly in our account, or not. Likewise, it is impotant and also a right of every Tax Payer to verify the Taxes paid under his account (PAN) to the Department.
With the process of Form 26AS, department recommends each and every tax payer to verify their Tax credits. Missing this information, they should contact their deductor to get proper credit, as specified in their TDS certificate. In case of Advance Tax / Self Assessment Tax issues, it can be either intimated to remitted bank or NSDL.
Scope of Form 26ASLast year, department had processed such tax statements over email, wherever email ID is available. This played a prominent role for assessees in determining their proper tax paid details. Providing accurate tax paid (including TDS) details in income tax return, ensures faster processing of returns. This in turn results in faster closure of assessment and also settling refunds wherever applicable.
The scope of Form 26AS is widening to a greater extent now. Tax payer can now access this facility either with his Registered Login at NSDL website, or at Online Banking Accounts (few of the banks) or at www.incometaxindiaefiling.gov.in .
Why we should verify
After depositing some amount into our Bank Account, we verify whether it has reflected properly in our account, or not. Likewise, it is impotant and also a right of every Tax Payer to verify the Taxes paid under his account (PAN) to the Department.
With the process of Form 26AS, department recommends each and every tax payer to verify their Tax credits. Missing this information, they should contact their deductor to get proper credit, as specified in their TDS certificate. In case of Advance Tax / Self Assessment Tax issues, it can be either intimated to remitted bank or NSDL.
Scope of Form 26ASLast year, department had processed such tax statements over email, wherever email ID is available. This played a prominent role for assessees in determining their proper tax paid details. Providing accurate tax paid (including TDS) details in income tax return, ensures faster processing of returns. This in turn results in faster closure of assessment and also settling refunds wherever applicable.
The scope of Form 26AS is widening to a greater extent now. Tax payer can now access this facility either with his Registered Login at NSDL website, or at Online Banking Accounts (few of the banks) or at www.incometaxindiaefiling.gov.in .
