Discrepancies between Form 26AS and Form 16 can lead to an inquiry by the I-T department. IMAGE: Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy ...

'Don't wait until the last minute. Instead, cultivate the habit of monitoring your Form 26AS throughout the year.' Illustration: Uttam Ghosh/Rediff.com Before a taxpayer files his Income-Tax Return ...

It is an important document required while filing taxes. The form is linked with your PAN, and it is a consolidated record of all the information related to tax. The taxpayers should verify the ...

With new Form 26AS, taxpayers can recall all their major financial transactions which will also help the Tax Dept. to ensure that ITR is in commensurate with the reported financial transactions. Form ...

The Central Board of Direct Taxes (CBDT) said that a reformed Form 26AS would be rolled out this assessment year with additional details on taxpayers' financial transactions. This revised form will ...

Form-26AS displays various taxes that are deducted on your income by your employer, bank or your tenant. Form-26AS displays various taxes that are deducted on your income by your employer, bank or ...

Income Tax Department has expanded scope information included in Form 26AS to include more high-value financial transactions and additional information. As per the rules reformed by the taxman, the ...

Several chartered accountants and associations have pointed out that there are some issues with the income tax portal, namely data mismatch in Form 26AS, AIS and Form 16. In one case the Form 16 part ...

Form 26AS is a tax credit statement that provides a comprehensive view of all tax-related transactions linked to an individual"s Permanent Account Number (PAN). It includes details such as tax ...

The Central Board of Direct Taxes (CBDT) on Saturday reminded tax payers that the new tax credit statement—form 26AS—will contain more details about various transactions made by tax payers which ...