Form 26as

Form 26AS is a consolidated annual tax statement that shows the details of taxes

Form 26AS enables an individual to check whether all instances of TDS deduction from salary are duly accounted for.

The existing Form 26AS demanded information on tax deducted at source (TDS) and tax collected at source (TDS) relating to a PAN.

Form 26AS will have information of transactions which used to be received up to the financial year 2015-16 in annual information returns.

The taxpayer can also see the refund received by him/her for previous assessment year in Form 26AS.

In case there is a mismatch in TDS figures in Form 16 and Form 26AS, one should approach his/her employer or respective entity.

Friday (August 5) is the last date of filing income tax return. Generally, July 31 is the deadline for filing tax return. It was extended by the government this year. So if you have not yet filed your tax return, avoid making these mistakes in haste.

Your employer has deducted excess tax. You have failed to declare your investments on time. Don't worry you can claim the excess tax back from the income tax department.

Typically, the deadline for filing income tax return of the previous financial year is July 31. Though you have time in hand, it is always better to start preparing early to avoid the last minute scramble. You can use a checklist of documents that you need to keep in handy to avoid mistakes in filing your tax return.

Soon the government will release tax forms for return filing for financial year 2014-15. Before the actual process begins for tax filing, one of the important documents to review is your Form 26AS.

Form 26AS is a consolidated annual tax statement that shows the details of taxes

Form 26AS enables an individual to check whether all instances of TDS deduction from salary are duly accounted for.

The existing Form 26AS demanded information on tax deducted at source (TDS) and tax collected at source (TDS) relating to a PAN.

Form 26AS will have information of transactions which used to be received up to the financial year 2015-16 in annual information returns.

The taxpayer can also see the refund received by him/her for previous assessment year in Form 26AS.

In case there is a mismatch in TDS figures in Form 16 and Form 26AS, one should approach his/her employer or respective entity.

Friday (August 5) is the last date of filing income tax return. Generally, July 31 is the deadline for filing tax return. It was extended by the government this year. So if you have not yet filed your tax return, avoid making these mistakes in haste.

Your employer has deducted excess tax. You have failed to declare your investments on time. Don't worry you can claim the excess tax back from the income tax department.

Typically, the deadline for filing income tax return of the previous financial year is July 31. Though you have time in hand, it is always better to start preparing early to avoid the last minute scramble. You can use a checklist of documents that you need to keep in handy to avoid mistakes in filing your tax return.

Soon the government will release tax forms for return filing for financial year 2014-15. Before the actual process begins for tax filing, one of the important documents to review is your Form 26AS.