CBDT notifies new Form 26AS [Annual Information Statement] pursuant to Finance Act, 2020 amendment, inserts new Rule 114-I to be effective from June 1st and omits Rule 31AB;
Apart from the TDS / TCS details, revised Form 26AS shall now contain information relating to assessee’s specified financial transaction, payment of taxes, demand/ refund and pending / completed proceedings.
Following will the content of the form.
Nature of information
Information relating to tax deducted or collected at source
Information relating to specified financial transaction
Information relating to payment of taxes
Information relating to demand and refund
Information relating to pending proceedings
Information relating to completed proceedings
Comments