Download Form 26AS From Traces Income Tax Website AY 2018-19,2019-20

Form 26AS is basically a income tax credits detail of a tax payer.

In simple words,it shows details of tax paid by tax payers on quarterly basis.

And Income tax department has records of tax paid by tax payers only in the form of 26AS.

Form 26AS vs Form 16

It is worth mentioning here that form 16 is generated through 26AS.

Further if you have manually filled form 16,then tally it with 26AS form.

When you file your income tax return online,you must have form 16 and 26AS.

And both must fully match.

How to download form 26AS

log in to www.indiaefiling.gov.in

after log in you can easily find 26AS link and download it for the AY you want .

Now tax credits shown in the form 26AS must match with the form 16.

How to download form 16

To be honest you can not generate form 16 individually from traces website.

Because your DDO is responsible for this form.

And in  most of the cases CAs on behalf of the DDO generate form 16 from traces websites through their log in credentials .

Most importantly while filing itr-1,2,3 so on you must satisfy matching of 16 and 26AS forms.

What to do if form 26AS and form 16 not matching

It is really an awkward moment when you find this problem.

You must understand that,although you have paid your tax,yet your tax details must show on  26AS Form

To avoid  this problem correct your tax details via your CA  by revising quarterly return.

Types of tax details on 26AS form

In  26AS you can find all types of taxes you have paid to income tax department.

TDS ON SALARY, TAX paid through challan,TDS by bank,TCS etc.

Conclusion

Finally whenever you file your income tax return download form 26AS and tally with form 16.

Consequently your return will get no notice from IT Department.

 

Kuldeep Singh
 

is a professional blogger,teacher and income tax expert

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