Income Tax dept adds new features in 26AS Form to help taxpayers

The new variant of 26AS Form will have taxpayers' details as specified statements of financial transactions (SFTs) in various categories

premium

This Form is an annual consolidated tax statement that one can access from the income-tax department's website using permanent account number (PAN).

Indivjal Dhasmana New Delhi

2 min read Last Updated : Jul 18 2020 | 1:52 PM IST

The Income Tax department has added new features in 26AS Form to help taxpayers in filing returns.

The new features include information on high value financial transactions of assessees such as credit card payments, purchase of shares, debentures and mutual funds, cash payment for goods and services.

The new variant of 26AS Form will have taxpayers' details as specified statements of financial transactions (SFTs) in various categories.

This Form is an annual consolidated tax statement that one can access from the income-tax department's website using permanent account number (PAN). One can refer to this form for the details of high

Topics : Income Tax department taxpayers financial transactions Credit card bills Mutual Funds Central Board of Direct Taxes Financial savings