Income Tax Return AY 2021-22: How to download Form 26AS online

 









Those who have already filed the Income Tax Return (ITR) for Assessment Year 2021-22 (AY22) or compiling information to submit the same already know what is Form 26AS. It is to be noted that the deadline to file ITR for AY22 is December 31, 2021.

The crucial income tax reporting document Form 26as shows various details such as tax deducted or paid on taxpayers’ income from various sources. It is basically a tax credit statement of the assessee which includes Tax Deducted at Source (TDS), Tax Collected at Source (TCS), Advance Tax or Self-Assessment Tax paid, Regular Tax, tax refund received, details for an Assessment Year etc. The scope of Form 26as has been expanded to include more details such as foreign remittances, mutual fund purchases, dividends, refund details etc.

The new ITR filing website launched by www.incometax.gov.in launched by the Income Tax (I-T) Department on 7th June 2021 has simplified the download of Form 26AS as well.

How to download Form 26AS for AY22:
Log in at the official income tax new website — incometax.gov.in;
Click on 'Login' option on the top right of the home page;
After logging in, go to the 'e-file' menu and click on the 'View Form 26 AS (Tax Credit)' link;
Read the disclaimer carefully and click on the 'Confirm' button;
After clicking at the 'Confirm' button of disclaimer, you will be redirected to the TDS-CPC website;
At TDS-CPC website, agree to the acceptance of usages and click on 'Proceed' option;
Click on 'View Tax Credit (Form 26AS)’ option;
Select the assessment year;
Select 'View Type' (HTML, Text or PDF);
Click on 'View/Download'; and
Your Form 26AS will be displayed on the computer monitor or the cell phone screen.
Download and save the Form 26 AS for future usages

Comments

Post a Comment

Popular posts from this blog

Centre appeals against ruling on levy of GST on maintenance charges to resident welfare associations

Image
  The Centre has preferred a writ appeal before the Madras High Court against a single judge's order that flat or villa owners paying more than ₹7,500 a month towards maintenance charges to their residents’ welfare associations must pay Goods and Services Tax (GST) at the rate of 18% only for the amount exceeding ₹7,500 and not for the entire monthly contribution. Justices T.S. Sivagnanam and Sathi Kumar Sukumara Kurup on Wednesday allowed an application filed by the Centre to dispense with production of a certified copy of the judgment passed by Justice Anita Sumanth recently and directed the Registry to list the appeal for admission in the usual course. Justice Sumanth had in July this year quashed an order passed by the Authority for Advance Ruling (AAR) on June 21, 2019 as well as a consequent circular issued by the Department of Revenue under the Union Finance Ministry on July 22, 2019 since both of them had insisted upon collecting GST for entire monthly contribution. The jud
Read more

Seven key things to know before filing income tax return (ITR) for FY21

Image
  The last date to file income tax return for the financial year 2020-21 has been extended to September 30, 2021. Although there is more than two months left for the deadline to end, it is always recommended to complete the task as soon as possible and not to wait for the last minute. Worth mentioning here is that the income tax department last month launched a new e-filing portal (www.incometax.gov.in) to speed up the processing of tax returns. The I-T department will soon launch a mobile application, having all the features of the new portal. This year taxpayers have to take care of the following changes in the ITR filing process. 1) A new utility named JSON has been launched for filing tax return forms for FY21. At present, only three forms, ITR 1, 2 and 4 have been released. These new forms will import pre-fill data such as personal details, salary income, dividend income, interest income, capital gains and all the information available in Form 26AS. 2) Taxpayers will have the opti
Read more

Income Tax Return or ITR for FY20 Can Be Filed Till May 31

Image
  n the wake of severe Covid-19 pandemic, the Central Board of Direct Taxes (CBDT) has decided to extend timelines of various tax compliance dates on Saturday. “In view of the adverse circumstances arising due to the severe Covid-19 pandemic and also in view of the several requests received from taxpayers, tax consultants & other stakeholders from across the country, requesting that various compliance dates may be relaxed, the Government has extended certain timelines today," the ministry of finance said in a statement. The move is aimed at mitigating “the difficulties being faced by various stakeholders," it further added. The “relaxations are the latest among the recent initiatives taken by the government to ease compliances to be made by the taxpayers with the aim to grant respite during these difficult times," it mentioned in a notification. “It’s a welcome move to extend the timeline of various tax compliances as the country is struggling with severe second wave
Read more