Wednesday, July 7, 2010

View Tax Credit (Form 26AS)

Friends,

Income Tax Account Statement, View Tax Credit, Form 26AS

                View your Income Tax account statement with the Income Tax Department through Form 26AS.  Initially there is only one source to view the Income Tax amount.  Now Income Tax Department provide three sources to view income Tax amount under a PAN.  It is highly recommended to get fast and easy refund/adjustment of income tax, to view your income tax amount before submission of your Income Tax Return.   If return is  submitted after viewing your Tax credit in your pan,  there is no chance to receive less refund amount (except any calculation error).   Most of deductors make mistake  while writing PAN number during uploading e-tds/etcs reutun.   We can approach them to rectify the errors if the concerned amount in not showing in our PAN.   Now,  we discus regarding three source of Form 26AS.
  1. Through Nodal Center (Tin-FC).
  2. Internet Banking
  3. e-filling Procedure


Registration Through Nodal Center
             Form 26AS registration can be done through Nodal Center.  Nodal center charge some money  for it's registration.  It is first method for Registration of Form 26AS, introduced by the Income Tax Department. 
  • Tin-Fc charge Rs. 17.00 (i.e. Rs.15.00+service Tax) for authorisation of registration request when PAN holder personally visits the Tin-Fc
  • Tin-Fc charges Rs. 110.00 (i.e. Rs. 100+ service Tax) for authorisation of registration request when official of TIN-FC visits with the PAN holder on the request of PAN holder.
  • In case PAN holder forget his user id and password and PAN holder  use Rest Registration.  Above charges are applicable for RESET registration.
Registration Through Internet Banking 
                 Second option is Internet Banking facility,  In the following banks, this facility is available to view tax credit.  Only net banking account is required in the following banks for viewing income tax statement.  In this case bank should get registered self with the NSDL (National Securities Depository Limited).  Bank do not charge any amount with your account holder for Pan Holder. List of registered banks are given as under.
  • Citibank N.A.
  • Corporation Bank
  • IDBI Bank Limited
  • Indian Overseas Bank
  • State Bank of India
  • Union Bank of India.
Registration Through e-filling
                   Third and finally, Income Tax Department has provided free Income Tax Statement (Form 26AS) under My Account Link after registration for e-filling.   It is also easy and practical.   There is no charges for registration and no need of  Net Banking Account Holder.   Step by step procedure can be watched after clicking on title of this post. 

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