It takes around 7 days for CPC to process the TDS Return.īy downloading Form 26AS tax payer can check the total income he has earned and tax that is deducted by respective parties is deposited in government account. In the TDS Return filing the concerned organization/ persons provide details of Tax deducted of different parties and such tax deposited with the government. The details in Form 26AS are updated when an employer or person who is liable to deduct TDS of taxpayer, deducts TDS, pays it to the government and files his TDS Return. Form 26AS also reflects high value transactions entered into by tax payer. Tax payer can see through Form 26AS whether he has received Tax refund for any previous financial years.
It also provides details of total self-assessment tax, advance tax paid by the tax payer. Along with the total tax deducted it provides details of income/expenses on which such tax is deducted or collected during that year. Before we begin with the steps to download and use Form 26AS, a short information on what Form 26AS is all about, what are its uses.įorm 26AS is a statement providing details of total tax deducted/collected of a Tax payer by different persons/organizations in a certain financial year.
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