No extra load on taxpayer for GST turnover shown in form 26AS: Revenue dept

Form 26As is a yearly consolidated tax statement accessible from income-tax dept's website using a PAN. One can refer to it for details of high-value expenses and taxes paid

The department of revenue has reiterated that there will be no additional compliance burden on the taxpayer for his GST turnover displayed in Form 26AS. This form is an annual consolidated tax statement that one can access from the income-tax department's website using a permanent account number (PAN). One can refer to this form for details of high-value expenditure and taxes paid.

The department was responding to queries made in certain sections of social media that the taxpayer will now be required to reconcile the GST turnover uploaded in the form 26AS with the turnover shown by him in the income