GST returns will reflect in your Income Tax Passbook (Form 26AS)

Ishita Ramani | Last updated: 08 December 2020

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Quick Summary

Form 26AS, the annual consolidated tax statement from the Income Tax Department, has been updated to include information from GST returns. This new format, known as the Annual Information Statement, provides a more comprehensive view of your financial transactions, including your GST turnover. Taxpayers can access this updated form using their PAN to ensure accurate income tax return filing.

What is Form 26AS? Every individual or company that has deducted taxes must credit that amount to the government via banks. Form 26AS is an annual consolidated tax statement generated by the Income Tax Department. It can easily be accessed from the income-tax website by all taxpayers using

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FAQ :

Form 26AS is an annual consolidated tax statement generated by the Income Tax Department, showing taxes deducted at source (TDS) and taxes paid during the financial year.

The amended Form 26AS, now called the Annual Information Statement, includes details of Specified Financial Transactions (SFTs) like share or property purchases, alongside TDS and TCS information.

Information relating to GST returns will now be uploaded and reflected in the new Form 26AS, providing details of your GST turnover.

The Principal Director General of Income-tax (Systems) or the Director-General of Income-tax (Systems), or an authorised person, will upload the GST return information into Form 26AS.

Including GST returns in Form 26AS brings more transparency and detail, acting as a ready reckoner for taxpayers to help them file their income tax returns accurately and quickly.

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About the Author

Ishita Ramani

Director - Operations

She is a young woman entrepreneur and currently the Operations Director at ebizfiling India Private Limited. In her entire career so far, she has led a team of 50+ professionals like CA, CS, MBAs, and retired bankers. Apart from her individual experience on almost every facet of Indian Statutory Compliance, she has bee ... Read more

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GST returns will reflect in your Income Tax Passbook (Form 26AS)