View the Income Tax Credit Statement (Form 26AS) online free

Indian tax payers are privileged that they can view their Income Tax Credit statement online. Such facility is not even available to American tax payers.What is contained in Income Tax Credit statement viz form 26AS -
  • Details of tax deducted on behalf of the taxpayer by deductors
  • Details of tax collected on behalf of the taxpayer by collectors
  • Advance tax/self assessment tax/regular assessment tax, etc. deposited by the taxpayers (PAN holders)
  • Tax refund detail if any
Currently there are three ways to view your Income Tax Credit Statement – Form 26AS online
  1. Bye Registering at TIN-NSDL – That was first method introduced to view Tax Credit Statement online. The method is cumbersome and not exactly free.Step you need to complete at TIN-NSDL to view your tax credit statement are as follow
    1. Online Registration of Pan
    2. Verification of identity and authorization of PAN by TIN-FC – If,PAN holder selects a TIN FC to visit at his place for authorization, it will cost 100 Rupees.In case, PAN holder personally visits a TIN-FC of his choice for authorization it will cost you 15 rupees.Money probably is not an issue here but offline work makes the process cumbersome.
    3. View tax credit online
  2. Using online facility of your Bank - To provide this facility to net banking account holder, bank should get registered them self with National Securities Depository Limited (NSDL).Currently following banks have this facility.You should be able to view Form 26AS from online banking of these banks
    1. Citibank N.A.
    2. Corporation Bank
    3. IDBI Bank Limited
    4. Indian Overseas Bank
    5. State Bank of India
    6. Union Bank of India
  3. Registering for online tax filing – If your bank is not in the list, don’t be disappointed.Income Tax efiling portal allows a PAN car holder to register for efiling of the tax return. They have included the facility to view income tax credit statement online in “My Account” menu. Its not necessary to do efiling to avail the feature. Just register yourself with Income Tax efiling portal and you are all set.To register with them you will need following information.
    1. Pan card number
    2. Date of birth
    3. Your name
    4. Email address and some more info.
Once the account is activated you can log into portal and view Income Tax credit statement for free online.If this information was useful to you let your friends know as well.

1 comment:

  1. Happy to hear this news. I USE my credit cards a lot. Do we need to register first, just put the card number and view the details?