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Writer's pictureG SQUARE AND ASSOCIATES

NEW AVTAR FORM 26AS

Notification 30/2020– CBDT notifies New Form 26AS [Annual Information Statement] pursuant to Finance Act, 2020 and 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 (Information of  property and share transactions etc.), payment of taxes, demand/ refund and pending / completed proceedings.


New Form 26AS relating to A/y 2020-21 shall contain the following information:-

(i) TDS / TCS

(ii) Specified Financial Transactions

(iii) Payment of taxes

(iv) Demand and refund

(v) Pending proceedings

(vi) Completed proceedings

(vii) Any other information in relation to sub-rule (2) of rule 114-I




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