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How to Download Form 26AS Online

Form 26AS is a consolidated annual tax statement that shows the details of tax deducted at source (TDS), tax collected at source (TCS), advance tax paid, self-assessment tax paid, refund received, high-value transactions, and other tax-related information associated with your permanent account number (PAN). It is an important document for tax filing and verification. In this article, we will explain what is Form 26AS, why it is important, how to view and download it online, and how to verify and use it.

What is Form 26AS?

Form 26AS is a statement that reflects the tax credit available to a taxpayer for a particular financial year. It is generated by the income tax department based on the information received from various sources such as deductors, collectors, banks, mutual funds, etc. It contains the following information:

• Tax deducted on your income by deductors such as employers, banks, etc.
• Tax collected on your income by collectors such as sellers of goods or services.
• Advance tax paid by you during the year.
• Self-assessment tax paid by you before filing your return.
• Regular assessment tax paid by you after receiving a demand notice from the income tax department.
• Refund received by you from the income tax department.
• High-value transactions reported by various entities such as banks, mutual funds, registrars, etc.
• Tax deducted on sale of immovable property or rent of property or payment to resident contractors and professionals.
• TDS defaults or processing errors made by deductors or collectors.
• Turnover details reported in GST returns.

Why is Form 26AS important?

Form 26AS is important for the following reasons:

• It helps you to verify the TDS certificates issued by the deductors and ensure that they have deposited the tax deducted from your income with the government.
• It helps you to claim the correct tax credit while filing your income tax return and avoid any mismatch or discrepancy.
• It helps you to track the refund status and any outstanding tax demand from the income tax department.
• It helps you to monitor your high-value transactions and report them in your income tax return if required.
• It helps you to comply with the income tax laws and avoid any penalty or interest for non-disclosure or under-reporting of income.

How to view and download Form 26AS online?

You can view and download Form 26AS online through two ways:

1. Through income tax e-filing website
2. Through net banking facility of authorized banks

Through income tax e-filing website

The income tax e-filing website [7](https://www.incometax.gov.in/iec/foportal/) allows you to view and download Form 26AS online for free. You need to register yourself on the website using your PAN and create a user ID and password. You can also login using your Aadhaar number if it is linked with your PAN.

Steps to download Form 26AS from e-filing website

To download Form 26AS from e-filing website, you need to follow the following steps:

1. Login to the income tax e-filing website using your user ID and password.
2. Go to the ‘My Account’ tab and click on ‘View Form 26AS (Tax Credit)’.
3. You will be redirected to the TRACES website [8](https://www.tdscpc.gov.in/app/login.xhtml), where you need to confirm your details and click on ‘Proceed’.
4. Click on ‘View Tax Credit (Form 26AS)’ under the ‘Statements/Forms’ tab.
5. Select the assessment year and the format (HTML, PDF, or Text) in which you want to download Form 26AS.
6. Enter the verification code and click on ‘View/Download’.
7. You can view Form 26AS online or download it as a file on your computer or mobile device.

Benefits of downloading Form 26AS from e-filing website

Some of the benefits of downloading Form 26AS from e-filing website are:

• You can access Form 26AS anytime and anywhere without visiting any bank or tax office.
• You can download Form 26AS for any assessment year from 2009-10 onwards.
• You can download Form 26AS in different formats such as HTML, PDF, or Text as per your convenience.
• You can also view the summary of Form 26AS in a graphical format for easy understanding.

Through net banking facility of authorized banks

If you have a net banking account with any of the authorized banks, you can also view and download Form 26AS online through their net banking portal. You need to register your PAN with your bank account and login using your net banking credentials. You do not need to register separately on the income tax e-filing website or the TRACES website.

List of authorized banks for downloading Form 26AS

As per the income tax department, the following banks are authorized to provide Form 26AS facility through their net banking portals [9](https://www.incometaxindia.gov.in/Pages/tax-services/authorized-banks.aspx):

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<tr <td 20 <td Kotak Mahindra Bank Ltd. <td /tr /tr /tr /tr /tr /tr /tr /tr /tr /tr /tr /tr /tr /tr /tr /tr /tr /tr /tr /tr /tr /tr <td 21 <td Oriental Bank of Commerce <td /tr <td 22 <td Punjab & Sind Bank <td /tr <td 23 <td Punjab National Bank <td /tr <td 24 <td State Bank of Bikaner & Jaipur <td /tr <td 25 <td State Bank of Hyderabad <td /tr <td 26 <td State Bank of India <td /tr <td 27 <td State Bank of Mysore <td /tr <td 28 <td State Bank of Patiala <td /tr <td 29 <td State Bank of Travancore <td /tr <td 30 <td Syndicate Bank <td /tr <td 31 <td The Federal Bank Ltd. <td /tr <td 32 <td The Karur Vysya Bank Ltd. <td /tr <td 33 <td The Saraswat Co-operative Bank Ltd. <td /tr

Steps to download Form 26AS from net banking facility

To download Form 26AS from net banking facility, you need to follow the following steps:

1. Login to your net banking account using your user ID and password.
2. Go to the ‘Tax’ or ‘Services’ or ‘Accounts’ or ‘e-Services’ or ‘e-Tax’ or ‘e-Statements’ or any other relevant section as per your bank’s portal.
3. Click on ‘View Form 26AS (Tax Credit)’ or ‘View Tax Credit Statement (Form 26AS)’ or any other similar option as per your bank’s portal.
4. You will be redirected to the TRACES website, where you need to confirm your details and click on ‘Proceed’.
5. Click on ‘View Tax Credit (Form 26AS)’ under the ‘Statements/Forms’ tab.
6. Select the assessment year and the format (HTML, PDF, or Text) in which you want to download Form 26AS.
7. Enter the verification code and click on ‘View/Download’.
8. You can view Form 26AS online or download it as a file on your computer or mobile device.

Benefits of downloading Form 26AS from net banking facility

Some of the benefits of downloading Form 26AS from net banking facility are:

• You can access Form 26AS without registering on the income tax e-filing website or the TRACES website.
• You can download Form 26AS for any assessment year from 2009-10 onwards.
• You can download Form 26AS in different formats such as HTML, PDF, or Text as per your convenience.
• You can also view the summary of Form 26AS in a graphical format for easy understanding.

How to verify and use Form 26AS?

After downloading Form 26AS, you need to verify its accuracy and use it for tax filing and planning. Here are some tips on how to do that:

How to check the accuracy of Form 26AS?

To check the accuracy of Form 26AS, you need to compare it with the following documents:

• TDS certificates (Form 16 and Form 16A) issued by the deductors such as employers, banks, etc.
• TCS certificates (Form 27D) issued by the collectors such as sellers of goods or services.
• Acknowledgement receipts of advance tax paid, self-assessment tax paid, regular assessment tax paid, and refund received.
• Bank statements showing the high-value transactions such as cash deposits, withdrawals, investments, etc.
• Sale deeds, rent agreements, payment receipts showing the TDS deducted on sale of immovable property or rent of property or payment to resident contractors and professionals.
• GST returns showing the turnover details reported in GST returns.

If you find any discrepancy or mismatch in Form 26AS with respect to these documents, you need to rectify it at the earliest. You can contact the deductor or collector or bank or income tax department for resolving the issue. You can also raise an online grievance on the e-Nivaran portal [10](https://www.incometax.gov.in/iec/foportal/grievance/e-nivaran) of the income tax department.

How to rectify the errors in Form 26AS?

The errors in Form 26AS can be rectified by the following ways:

• If the error is due to the deductor or collector, you can request them to revise their TDS or TCS statement and correct the details such as PAN, amount, date, etc.
• If the error is due to the bank, you can request them to update their records and report the correct information to the income tax department.
• If the error is due to the income tax department, you can request them to rectify their records and update Form 26AS accordingly.

You can also file a correction statement online through the TRACES website [11](https://www.tdscpc.gov.in/app/tapn/tdstcscredit.xhtml) if you are a deductor or collector and have made any mistake in your TDS or TCS statement. You can also file a revised return online through the income tax e-filing website [12](https://www.incometax.gov.in/iec/foportal/) if you have made any mistake in your income tax return.

How to use Form 26AS for tax filing and planning?

Form 26AS is a useful document for tax filing and planning. You can use it for the following purposes:

• You can claim the tax credit for the TDS, TCS, advance tax, self-assessment tax, regular assessment tax, and refund received as per Form 26AS while filing your income tax return.
• You can calculate your total income and tax liability by adding up the income from various sources as per Form 26AS and deducting the eligible deductions and exemptions.
• You can verify your income tax return with Form 26AS and ensure that there is no mismatch or discrepancy in the income or tax credit reported.
• You can plan your tax saving investments and expenses by estimating your taxable income and tax liability as per Form 26AS and availing the benefits of various sections of the income tax act.

Conclusion

Form 26AS is a vital document that shows the tax credit available to a taxpayer for a particular financial year. It helps to verify the TDS certificates, claim the correct tax credit, track the refund status, monitor the high-value transactions, comply with the income tax laws, and avoid any penalty or interest. You can view and download Form 26AS online through two ways: through income tax e-filing website or through net banking facility of authorized banks. You need to check the accuracy of Form 26AS and rectify any errors in it at the earliest. You also need to use Form 26AS for tax filing and planning and optimize your tax liability.

FAQs

Here are some frequently asked questions about Form 26AS:

1. What is the difference between Form 16 and Form 26AS?

Form 16 is a certificate issued by the employer to the employee showing the details of salary paid and TDS deducted on it. Form 26AS is a statement issued by the income tax department showing the details of all types of tax credit available to a taxpayer for a particular financial year.

2. How can I download Form 26AS without password?

You can download Form 26AS without password if you have a net banking account with any of the authorized banks. You just need to login to your net banking account and click on ‘View Form 26AS’ option. You will be redirected to the TRACES website where you can view and download Form 26AS without password.

3. How long does it take for Form 26AS to get updated?

Form 26AS gets updated on a regular basis as and when the information is received from various sources such as deductors, collectors, banks, etc. However, it may take some time for Form 26AS to reflect the latest transactions or changes. It is advisable to check Form 26AS before filing your income tax return and ensure that it is updated with the latest information.

4. How can I print Form 26AS?

You can print Form 26AS by downloading it in PDF format and opening it with Adobe Acrobat Reader or any other PDF reader software. You can then use the print option to print Form 26AS on paper or save it as a PDF file on your computer or mobile device.

5. Is Form 26AS password protected?

Yes, Form 26AS is password protected when you download it in PDF format. The password to open Form 26AS is your date of birth in DDMMYYYY format. For example, if your date of birth is 01/01/1990, then your password is 01011990.

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