Form no 26 2025

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Does it mean that the statement is processed successfully? The status Processed for 26AS means that the TDS statement is processed partially and the tax credit is transferred to the deductee. The statement is processed successfully when the status is Processed with Default or Processed without Default.
This facility is available to a PAN holder having net banking account with any of authorised banks. View of Form 26AS is available only if the PAN is mapped to that particular account. The facility is available free of cost.
Form 16 or Form 16A is a tax credit statement mentioning the deduction of tax from the income of an individual or company, respectively. Form 26AS, on the other hand, is generated by the income tax department on the basis of tax deducted from the individual or company and deposited with the income tax department.
Form 26AS provides a detailed overview of your financial activities for a specific year, going beyond just TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) and TCS (Tax Collected at Source) transactions. It serves as proof of income and tax payments, linked to your PAN number.
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