Income Tax Return: How to download Annual Information Statement to make ITR filing easy
A taxpayer needs to disclose all the details in the Income Tax Return (ITR) that are relevant for computing one’s total income earned. While information regarding salary income may be found in Form 16 and information regarding interest on Fixed Deposit (FD) etc may be found in Form 16A, it is difficult to gather the details for those incomes, where no tax is deducted at source (TDS).
To get all the information related to income and tax, taxpayers use to download Form 26AS. However, Form 26A mostly contains those income details, where tax has been deducted as TDS.
So, Form 26AS fails to reveal most of the non-TDS incomes – like interest on Savings Bank Account, Dividend, Capital Gains on sale of capital goods like property, shares, mutual fund
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