FAQs
Categories
Sub-Categories
- (Q1.)Is there any change w.r.t view of advance Tax or self-assessment Tax details in Annual Tax Statement (ATS)?
- Yes, from A.Y. 2023-24 onwards Taxpayers will not be able to view Advance Tax or Self-Assessment tax details in their Annual Tax Statement.
- Taxpayer can view Advance Tax or Self-Assessment Tax details in AIS (Annual Information Statement) from A.Y 2023-24 at e-filing portal. (https://www.incometax.gov.in/iec/foportal).
- Taxpayer can download Form 26AS/Annual Tax Statement through TRACES website from Assessment Year 2009-10 onwards.
- Form 26AS/Annual Tax Statement can be viewed in HTML format and downloaded in below mentioned formats:
a) PDF
b) Text
c) Excel - Taxpayer can view/download Form 26AS/Annual Tax Statement from:
1. TRACES Website(www.tdscpc.gov.in)
2. Bank Website (Internet Banking)
3. E-Filing Website (https://www.incometax.gov.in/iec/foportal) - Status of booking available in Form 26AS/Annual Tax Statement are provided below:
- Taxpayer has to place request for Form 26AS/Annual Tax Statement from TRACES website only and after receiving text file, Taxpayer has to convert it into Excel.
- Password for Form 26AS/Annual Tax Statement is "Date of Birth of Taxpayer" in "DDMMYYYY" format.
- Statement for Financial Transactions (SFT) shows the information related to certain high-value financial transactions under Section 285BA of Income Tax Act, 1961. SFT to be filed by specified entities are required to report to the Income Tax Department. The SFT (Assessment Year 2017-18 onwards) was earlier known as 'Annual Information Return (AIR)'.
Note: Assessment Year 2023-24 onwards SFT details will not appear in Form 26AS/Annual Tax Statement. Taxpayer can view SFT transaction details under AIS (Annual Information Statement) available at e-filing portal. - Below mentioned details/information are available in Form 26AS/Annual Tax Statement:-
Prior to Assessment Year 2023-24 below details/information will be available in Form 26AS/Annual Tax Statement:
PART A - Details of Tax Deducted at Source
PART A1 - Details of Tax Deducted at Source for 15G / 15H
PART A2 - Details of Tax Deducted at Source on Sale of Immovable Property u/s 194IA/ TDS on Rent of Property u/s 194IB / TDS on payment to resident contractors and professionals u/s 194M (For Seller/Landlord of Property/Payee of resident contractors and professionals)
PART B - Details of Tax Collected at Source
PART C - Details of Tax Paid (other than TDS or TCS)
PART D - Details of Paid Refund
PART E - Details of SFT (Assessment Year 2017-18 onwards)/ AIR Transaction (prior to Assessment Year 2017-18 onwards)
PART F - Details of Tax Deducted at Source on Sale of Immovable Property u/s 194IA/ TDS on Rent of Property U/S 194IB /TDS on payment to resident contractors and professionals u/s 194M (For Buyer/Tenant of Property /Payer of resident contractors and professionals)
PART G - TDS Defaults* (Processing of Statements).
PART H - Details of Turnover as per GSTR-3B
Assessment Year 2023-24 onwards below details/information will be available in Form 26AS/Annual Tax Statement:
PART-I: Details of Tax Deducted at Source
PART-II: Details of Tax Deducted at Source for 15G / 15H
PART-III: Details of Transactions under Proviso to section 194B/First Proviso to sub-section (1) of section 194R/ Proviso to sub-section (1) of section 194S/sub-section(2) of section 194BA
PART-IV: Details of Tax Deducted at Source u/s 194IA/ 194IB / 194M/ 194S (For Seller/Landlord of Property/Contractors or Professionals/ Seller of Virtual Digital Asset)
PART-V: Details of Transactions under Proviso to sub-section (1) of section 194S as per Form-26QE (For Seller of Virtual Digital Asset)
PART-VI: Details of Tax Collected at Source
PART-VII: Details of Paid Refund (For which source is CPC TDS. For other details refer AIS at E-filing portal)
PART-VIII: Details of Tax Deducted at Source u/s 194IA/ 194IB /194M/194S (For Buyer/Tenant of Property /Person making payment to contractors or Professionals / Buyer of Virtual Digital Asset)
PART-IX: Details of Transactions/Demand Payments under Proviso to sub-section (1) of section 194S as per Form 26QE (For Buyer of Virtual Digital Asset)
PART-X: TDS/TCS Defaults* (Processing of Statements).
