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The new Avatar of Form 26AS: Annual Information Statement

“Pursuant to announcement made by Finance Minister in Budget 2020 for a more comprehensive Form 26AS to provide more comprehensive single information statement regarding a taxpayer’s profile and certain specified transactions undertaken by the taxpayer during the year, the CBDT today notified new Form 26AS along with corresponding Income Tax Rule 114-I.

The Form 26AS in its new Avatar seeks to provide much more comprehensive information regarding taxes paid by a taxpayer, details of pending as well as completed income tax proceedings, status of income tax demand and refund alongwith details of specified financial transactions undertaken by taxpayer during a particular financial year such as share purchase, property purchase, etc. in a single form/ statement.

We are pleased to send you the copy of the NEWSFLASH on The new Avatar of Form 26AS: Annual Information Statement
the-new-avatar-of-form-26as-annual-information-statement

NEWSFLASH_ The new avatar of Form 26AS

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