How to view your tax credit Form 26AS
Income Tax department has introduced a new facility this financial year 2009-10, AY 2010-11, for viewing your tax payments made– it is called Tax Credit Statement or PAN LEDGER or Form 26AS.
The Tax Credit Statement-Form 26AS helps taxpayers in
1. Preparing income tax returns
2. Verifying details of tax deducted at source or TDS
3. Verifying details of tax collected at source or TCS
4. Verifying details of tax payment made by the taxpayer, advance tax, self-assessment tax, regular assessment tax, etc.
5. Viewing details of tax refund, if any.
The form helps you to verify if the tax payments made by you, such as, TDS deducted from salary, TDS deducted from interest on deposits, etc., are correctly reported to the IT Department. This is important to confirm that you receive complete and accurate acknowledgement for tax payments and TDS reported by them in their IT Returns.
This facility is available only to e-filers registered at Department of Income Taxs or DIT, e-filing site or www.tin-nsdl.com-the Tax Information Network or TIN, maintained by National Securities Depository Limited or NSDL. The facility provided by both websites is totally free.
Below are the 3 simple steps to view and download ones Form 26AS through DIT e-filing website–
STEP-1: Register at DIT e-filing website. Login and click on- My Account. Under My Account, select View Tax Credit Statement-Form 26AS.
STEP-2: Once you click on the above link, you will be asked to provide your DOB or Date of Birth, for verification purposes.
STEP-3: You will be redirected to the NSDL website to view or download Form 26AS-Tax Credit Statement.
Form 26AS has 4 parts–
PART A- Details of Tax Deducted at Source or TDS
PART B- Details of Tax Collected at Source or TCS
PART C- Details of Tax Paid by the tax payer, Other than TDS and TCS
PART D- Details of Paid Refund
a. You can view the above information from AY 2006-07 to AY 2011-12.
b. In case of any mistake or error with regards to tax deposited by the tax payer through the bank, advance tax or self-assessment tax- one should contact the branch or bank where the advance tax or self-assessment tax was paid. In case of any mistake or error with regards to tax deducted and or collected by the bank and others- one should contact the bank and or other person who has deducted and or collected such tax.
c. Online tax credit statement can also be viewed in Hindi language through registration with www.tin-nsdl.com.
d. Online view of Tax Credit Statement-Form 26AS, of taxpayer is also available to net banking account holders of registered banks for the benefits of the tax payer at www.tin-nsdl.com.
To provide this facility to net banking account holder, the bank should be registered with National Securities Depository Limited or NSDL.
Note: Below is the list of banks registered with NSDL for providing the view facility of Tax Credit Statement-Form 26AS (nsdl 26as):
1. Citibank N.A.
2. Corporation Bank
3. IDBI Bank Limited
4. Indian Overseas Bank
5. State Bank of India
6. Union Bank of India
In case of specific queries, you may write to firstname.lastname@example.org.
Income Tax Slab for FY 2010 - 2011