Form 26AS | Meaning and Definition

What is Form 26AS?

Form 26AS is a document that shows the amount of tax withheld and paid with the government. Deductors deduct tax in favor of the taxpayer, and Form 26AS gives specific details regarding the deduction.

When it comes to submitting your taxes, Form 26AS, or your tax status statement, is one of the broadly significant forms. Form 26AS can now be seen and downloaded on the TRACES website in a proper and efficient method.

Form 26AS contains information about the tax deducted at source, the revenue collected by your collectors, the advance tax you paid, self-assessment tax payments, information about the refund you garnered well over the curriculum of a fiscal year, regular evaluation tax that you have accumulated, and details about high-value deals involving mutual fund schemes, stocks, and other