So is Form 26AS essentially meant for tracking tax deductions?įorm 26AS is more than a tool to track tax deductions. Related: How to File your Income Tax Returns (ITR) Online The form 26AS available on the website of the Income Tax department, contains details of all taxes deducted and collected from the taxpayer, and shown against the person’s PAN (Permanent Account Number). You can always find out by checking Form 26AS. ![]() Here is a question: Assuming your employer (or a company or person for whom you have done some freelance work) makes some deductions from your emoluments as TDS/TCS (tax deducted/collected at source) and claims to deposit the amount against your name with the Income Tax department, how will you know if they have actually done so?Īctually, this should not pose a major problem.
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