Скачать или смотреть 🚨 Form 26AS: The Secret File IT Department Has on You

What is Form 26AS? Your complete tax statement maintained by the IT Department.
It shows:
✅ Salary TDS
✅ Bank interest
✅ Dividend income
✅ Property transactions
✅ Mutual fund redemptions
✅ Share trading profits
✅ High-value purchases
Why you MUST check it:
Mismatch = Automatic Notice
Example:
Form 26AS shows: ₹8 lakh salary
Your ITR shows: ₹6 lakh declared
Result: Notice + Penalty
The IT department’s system automatically matches your ITR with Form 26AS. Any difference triggers a notice.

How to check Form 26AS:
Step 1: Visit incometax.gov.in
Step 2: Login with PAN + Password
Step 3: Go to e-Filing → Income Tax Returns
Step 4: Click “View Form 26AS”
Step 5: Select Financial Year
Step 6: Download PDF
Step 7: Verify all entries

What to verify:
✅ TDS Amount: Does it match your Form 16?
✅ All Income Sources: Salary, interest, dividends shown?
✅ Bank Interest: Even ₹10K must be reported
✅ Advance Tax: Correctly reflected?
✅ High-Value Transactions: Property, car purchases shown?
Any mismatch? Contact your employer or bank immediately.

Common mistakes:
❌ Never checking 26AS before filing ITR
❌ Ignoring bank interest income
❌ Not reporting dividend income
❌ Hiding freelancing or rental income
❌ Assuming the IT department doesn’t track everything
Truth: They track EVERYTHING.

Real example:
Someone filed ITR showing ₹5L income.
Form 26AS showed:
∙ Salary: ₹5L
∙ Bank interest: ₹45K
∙ Dividend: ₹25K
∙ Total: ₹5.7L
Notice received: Under-reporting of ₹70K
Penalty: ₹21K (30% tax + interest)
All because they didn’t check Form 26AS!

What if you find a mismatch?
Employer TDS wrong:
Ask employer to file revised TDS return
Bank didn’t deduct TDS:
You still must pay tax on interest in ITR
Extra entry in 26AS:
Raise grievance on income tax portal
Timeline: Fix before filing ITR (deadline: July 31st)