Form 26AS is a tax credit statement that shows the details of all the TDS that has been deducted from your income during the financial year. It also includes details of any advance tax that you have paid. You can download Form 26AS by logging into the Income Tax Website.
How to read Form 26AS:
1. The first thing you need to do is to check the details of all the TDS that has been deducted from your income. This includes TDS deducted by your employer, banks, and other financial institutions.
2. Next, you need to check the details of any advance tax that you have paid.
3. Finally, you need to reconcile the details in Form 26AS with the details in your Form 16. This will help you to ensure that all the TDS that has been deducted from your income has been properly accounted for.
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