Extra information such as mutual fund purchases and dividends, interests on income tax rebates, off-market transactions, international transfers, salary breakdown information, and on and on.īefore this modification, Budget 2020 enlarged the range of Form 26AS.The description of High-Value Transactions including shares, mutual funds, and many more.Information of any refunds you got throughout the fiscal year.

Regular assessment tax paid by PAN holders.Tax information gathered by collectors.Information on the tax taken from your earnings by deductors.The document’s coverage has now been broadened to include information on international transfers, mutual fund purchases and dividends, details of refunds, and so on.įorm 26AS is a yearly tax summary that provides all of the following data in detail. The income tax agency has been updating Form 26AS to contain even more information.

The era of manually downloading Form 26AS to file your Income Tax returns is long gone. Form 26AS, also known as Tax Credit Statement, is crucial paperwork for tax purposes.

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