What is Form 26AS?
Saturday, July 1, 2017, 5:26 PM
Form 26AS is an annual consolidated credit statement issued under Section 203AA of the Income-tax Act, 1961. It contains details of various taxes deducted on your income by deductors: be it your employer, bank, or even a tenant. It also contains details of any advance tax or self-assessment tax that you may have paid during the year.