A document known as Form 26AS certifies that the tax has been withheld and deposited with the government. Form 26AS provides comprehensive details regarding the taxes that deductors have taken out on the taxpayer’s behalf.
Sections of Form 26AS
Seven sections make up Form 26AS. The various components of Form 26AS are as follows:
- Information on TDS is contained in Part A.
- Information on TCS is contained in Part B.
- Information on taxes paid (apart from TDS and TCS) is contained in Part C.
- Information on the paid funds is contained in Part D.
- Information about AIR (Annual Transaction Return) transactions is contained in Part E.
- Information about taxes deducted from the sale of real estate is included in Part F.
- Information about TDS defaults and the statement procedure is included in Part G.
