<\/span>What has changed in Form 26AS?<\/span><\/h3>\n\u00a0<\/p>\n
The new form is now an Annual Information Statement (AIS) instead of an Annual Tax Statement. While the Form 26AS and the AIS are both now accessible through the portal, the old Form will be phased out and replaced by the AIS until the new AIS has been verified and is fully functioning. Only tax deducted at source (TDS) against your PAN, tax collected at source (TCS) against your PAN, details of other taxes paid, and information on income tax refunds were included in the previous form. Part A and Part B make up the new AIS.<\/p>\n
Part A of the form contains general information about the taxpayer and the following fields:<\/p>\n
\n- Permanent Account Number<\/li>\n
- Aadhaar ID<\/li>\n
- Name<\/li>\n
- Date of Birth\/Incorporation<\/li>\n
- Mobile number<\/li>\n
- Email ID<\/li>\n
- Address<\/li>\n<\/ol>\n
It is significant to notice that the new Form includes a space for the taxpayer\u2019s cell phone number and email address, which were not previously recorded. This demonstrates the value of the mobile number and email address in the overall scheme of things, as there will only be one faceless method used for all interactions with the tax authorities.<\/p>\n
The following details are in Part B of the form:<\/p>\n
\n- Details on tax deductions or source-based collections<\/li>\n
- Details on certain financial transactions.<\/li>\n
- Information on tax-related payments<\/li>\n<\/ol>\n