Form 26AS [Annual Information Statement] pursuant to Finance Act, 2020

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.

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