Tax Credit Statement - Form 26AS - Please Avail the Facility - CBDT
THE CBDT has compiled the Tax Credit Statement (in Form 26AS) in respect of each PAN holder on real time basis.
You can have details of your TDS deduction, Advance Tax payment and refunds for the current year as well as the previous years – all at a click. Incidentally TDS certificates given by your employer or other dedutors are now of no use – you will be given credit only for those amounts of TDS as reflected in your Form 26AS.
The Income Tax Department has sent Form 26AS statements by email to nearly 50 Lakh taxpayers by email. From the current year, you can view view your tax credits by undertaking a one-time registration. Detailed procedure for registration is available at www.incometaxindia.gov.in and www.tin-nsdl.com.
The CBDT wants Chief Commissioners to give wide publicity to this attempt of the Department. The Board wants the employees of the Department also to avail of the facility.
This is a wonderful system that the CBDT has devised. No need of running around various deductos for those TDS certificates and you have one statement of all the tax deducted from your income.
AND IT WORKS! I HAVE TESTED IT.