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View TDS, Income Tax and Self Assessment Tax Credit in Form 26AS

You can view tax credit statement (Form 26AS) without registering at NSDL through www.incometaxindiaefiling.gov. in .New facility added in “My Account” for registered E-filers to View the Tax Credit Statement (Form 26AS) to verify if the tax payments made by you or TDS deducted from salary or interest etc are correctly reported to the Department.

https://incometaxindiaefiling.gov.in/portal/index.jsp

View Tax Credit (Form 26AS) from bank site through net banking facility

If your company hasn’t given your Form 16, which gives details of your tax deducted at source (TDS), don’t fret yet. Now, taxpayers can check online if the tax deducted from the salary has actually gone to the department on a facility set up by the income tax (I-T) department. Also, in the absence of Form 16, a taxpayer can use this facility to get details of TDS and file returns accordingly. The last date to file returns for salary class and non-corporates is July 31.The facility is available to all taxpayers, including those who file returns manually. “One only needs to have a Permanent Account Number (PAN),” said a senior I-T official.

A taxpayer has to just register himself by providing personal details on the department’s online system. Once registered, a person can see his TDS details from the financial year 2008-09

This facility will not only benefit the salary class, but also businessmen and people who take on contract work and receive payments from different people. Payments in such cases are made after deducting tax.

“Sometimes the person making the payment avoids giving the TDS certificate. In such cases, it could be checked if the TDS has actually gone to the department,” the official said.

He added that in some cases while making the payment, people deduct the tax and give certificate, but do not deposit the same (tax) with the department. “It not only happens with small businessmen, but also with big groups,” the official said, adding that now an employee or payment receiver can find out the details and inform the department in case he or she finds any discrepancy.

Online view of Tax Credit Statement (Form 26AS) of taxpayer is also available to net banking account holders of registered banks for the benefits of the tax payer. The Tax credit Statement (Form 26AS) helps to taxpayers in following:-

1. Preparing income tax returns

2. Verify detail of tax deducted at source (TDS)

3. Verify detail of tax collected at source

4. Verify detail of tax payment made by taxpayer (advance tax/self assessment tax)

5. Detail of refunds

The Tax Credit Statement (Form 26AS) are generated wherein valid PAN has been reported in the TDS returns as well as in the OLTAS challans.

One of the modes through which tax payer can avail view of Tax Credit Statement (Form 26AS) is through net banking facility provided by banks. To avail this facility, the PAN holder is required to have net banking account with any of authorized bank, where in view of Tax Credit Statement (Form 26AS) can be made available to PAN holder which is mapped to that particular account. To provide this facility to net banking account holder, bank should get registered them self with National Securities Depository Limited (NSDL).

List of banks registered with NSDL for providing view of Tax Credit Statement (Form 26AS) are as below

1. Allahabad Bank 19. State Bank of Mysore
2. Axis Bank Ltd. 20. State Bank of Patiala
3. Bank of Baroda 21. State Bank of Travancore
4. Bank of India 22. Syndicate Bank
5. Bank of Maharashtra 23. The Federal Bank Ltd.
6. Canara Bank 24. The Karur Vysya Bank Ltd.
7. Citibank NA 25. The Saraswat Co-operative Bank Ltd.
8. City Union Bank Ltd. 26. UCO Bank
9. Corporation Bank 27. Union Bank of India
10. ICICI Bank Ltd. 28. Vijaya Bank
11. IDBI Bank Ltd. 29. State Bank of Jaipur& Bikaner
12. Indian Overseas Bank 30. HDFC Bank Limited
13. Indian Bank 31. Central Bank of India
14. Kamataka Bank Ltd. 32. Andhra Bank
15. Kotak Mahindra Bank Ltd. 33. United Bank of India
16. Oriental Bank of Commerce 34. Dena Bank
17. State Bank of Hyderabad 35. Punjab National Bank
18. State Bank of India

(Republished With Amendments)

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0 Comments

  1. Ratanjankar Kunjalata says:

    I wish to know the statement of TDS recovery & remittance of the same to Incomw Tax authority i respect of A.Y.201112. I have already applied for rectification in the month of Oct.2012. Though, as I found that the work of Rectification of applications of Nov.2012 has been progressed. I have not received any intimation regarding my application

  2. Narendra kumar says:

    You can even check if you have e-banking. Also if you register on Income Tax site you can see your Form 26AS with your PAN No AHOPN5136B

  3. Raj says:

    I have noticed that the Bank gives the TDS Certificate and I don’t see it on Form 26AS. I have also written to Income Tax & CBDT But no Reply (This is almost a Year Back). Now are we supposed to lodge a Police Complaint as this amounts to Economic Offence. Will the Authorities address this issue ?

  4. SoftwareEng says:

    Hi All,

    There is a security loop hole in the password recovery system in Income Tax Department website ( incometaxindiaefiling.gov.in/portal/index.do). Anyone who has come to know your PAN number and E-filling Acknowledged Number (EfAN) can alter your password and thus obtain a new password. Using the new password he/she can login as you and know you TDS or any other detail or as well change a few fields like your email address, phone number etc. Your PAN and EfAN can leak out from the IT Consultant’s office who you have engaged for e-filling the return.

    The problem is that it has a security question and answer field but any question and answer you use it works !!!

    regards,

  5. Mutthuswamy says:

    What is most required is the correct uploading of TDs Data by the deductors with NSDL.
    We look for tax credits and found them missing. All efforts fail to get the deductors like BAnks, Post Offices, etc to do the needful. The IT Department must take a serious view of this and persuade these agencies to do the work right.

  6. Jesu Antony says:

    Jesu Antony roll no 4784 retired on 31st march 2010 he was paid gratuity 4.76 lakhs during first week of april 2010 and a tds is Rs.23095 whther this amount is included in form 16 related to the year upto 31.3.2010 or it should be in the form 16 from 1.4.2010 to 31.3.2011.Please respond to this

    Thanks,
    Jesu

  7. KAMLESH P BUCH says:

    Yes, this is really a good news that anyone can see his/her tax credits free of cost without registering with NSDL.

    But, But, But hold on. This will be useful, PROVIDED REPEAT PROVIDED, all the deductors of the tax, post the details in time i.e. no sooner the TAX deducted is deposited by them with the Treasury. Here time limit is not defined/ decided/fixed under the Income Tax Act.

    My own experience with the Banks is that, they have deducted the tax on the interest paid/ accrued to me as on 31st March, 2010, but till date i.e. 29th June, 2010,no posting is made by them and I am unable to see my tax credits.

    All are aware that Income Tax Dept will give / allow tax credits / give refund ONLY IF it is posted in FORM 26AS, by the deductors of the tax.

    I feel, tha Institues of CAs, CSs and other professional bodies should impress upon the Finance Dept of Government of India to fix the time limit within which the deductor of Tax should post such tax credites in FORM 26AS as required under Section 230AA of the Income Tax Act, failing which, if the assessee does not get crdit or refund of the tax deducted at source from the Income Tax Dept., the deductor should be forced to refund such disallowed credit to the assessee.

    This provision needs to be introduced / incorporated in the Income Tax Act i.e. in the Direct Tax Code, which is being discussed today in the public by the Finance Dept. of Govt. of India.

    CA KAMLESH P BUCH

  8. R K Rajput says:

    it would be more usefull and effective if the facility also to be provided to the persons who are still not filling their returns online.

  9. Vinod Patil says:

    It is wonderful to see tax credit free of cost . before this facility Registration for view tax credit ( Form 26AS) is very time consuming process.It help assessee to file correct tax data to department

  10. K.S. Gahunia says:

    I just wonder what negative effect is there for allowing every citizen who register with the web site free of cost to confirm TDS?

    what I perceive , if allowed the tax payer can verify & make sure his/her I.T. Return is filed correctly with regards to the TDS.
    At present, What happen’s is an investment in FDR in single name TDS is issued separate from TDS in joint name even though the first name corresponds to the single persons investment. At times the handing of certificate by bank to investor is missed. requiring revision of return later.

    I agree to V. swaminathan, make it available to individuals filing their return in person.

  11. v swaminathan says:

    There is no good reason why the new facility, which has come to be announced belatedly,is not made available to even those who, for their own convenience, prefer to file the individual tax return in person – not online.

    vswaminathan

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