Form 26AS is a tax credit statement issued by the Income Tax Department of India. It shows all the tax-related information linked to your PAN for a financial year. Here AS means Annual Statement.

What Form 26AS Contains:

• TDS (Tax Deducted at Source) by employers, banks, or others
• TCS (Tax Collected at Source)
• Advance tax & self-assessment tax paid by you
• Refunds issued by the Income Tax Department
• High-value transactions (like property purchases, mutual funds, large deposits)

Why It Is Important?

• Helps verify if the tax deducted from your income has been correctly deposited
• Used to match your ITR details with government records
• Mismatch between ITR and Form 26AS can delay refunds or trigger notices

Where to Check It?

• Income Tax e-Filing portal
• TRACES website
• Through net banking of authorised banks

Form 26AS is your tax passbook, showing all taxes paid and reported against your PAN.