CBDT Issues Order to Upload of GST Return Information in Form 26AS
FORM 26AS
Form 26AS is a consolidated tax statement which details of total amount paid/credited and total tax deducted at sources thereon, tax collected at source, advance tax, self-assessment tax, regular assessment tax deposited by the taxpayers. Further, addition will be made to include GST Return Information in Form 26AS
Details of Form 26AS – Annual Tax Statement under Section 203AA of the Income Tax Act, 1961
- PART A – Details of Tax Deducted at Source
- PART A1 – Details of Tax Deducted at Source for 15G / 15H
- PART A2 – Details of Tax Deducted at Source on Sale of Immovable Property u/s 194IA/ TDS on Rent of Property u/s 194IB / TDS on payment to resident contractors and professionals u/s 194M (For Seller/ Landlord of Property/ Payee of resident contractors and professionals)
- PART B – Details of Tax Collected at Source
- PART C – Details of Tax Paid (other than TDS or TCS)
- Part D – Details of Paid Refund
- Part E – Details of SFT Transaction (SFT = Statement of Financial Transactions)
- PART F – Details of Tax Deducted at Source on Sale of Immovable Property u/s 194IA/ TDS on Rent of Property u/s 194IB /TDS on payment to resident contractors and professionals u/s 194M (For Buyer/ Tenant of Property / Payer of resident contractors and professionals)
- PART G – TDS Defaults* (Processing of Statements)
CBDT order to contain GST Return Information in Form 26AS as follows:
1. In exercise of powers conferred under section 119 of the Income-tax Act,1961 read with sub-rule (2) of Rule 114-I of the Income-tax Rules,1962, the Central Board of Direct Taxes (‘Board’), hereby authorizes the Principal Director General of Income-tax (Systems) or the Director-General of Income-tax (Systems) to upload information relating to GST return, which is in his possession, in the Annual Information Statement in Form 26AS, within three months from the end of the month in which the information is received by him.
2. The Principal Director General of Income-tax (Systems) or the Director General of Income Tax (Systems) shall specify the procedures, formats and standards for the purposes of uploading of Annual Information Statement in Form 26 AS containing the information referred to in para above.
F.No.225/155/2020/ITA.II
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
Extract of CBDT Issues Order to Upload of GST Return Information in Form 26AS
