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Difference between form 16a and 26as

Baburao Ganpatrao Apte (Articled Assistant) (35 Points)

09 September 2013

I would like to know the perfect difference between the two. I have a rough idea, but at times I get confused. Please explain in detail, the difference between the two!

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3 Replies

Anil Bhateja (Partner) (26 Points)
Replied 09 September 2013

Sir, form 16a contain only detail of tds other than salary while 26as has total tax credit available to an assessee including tds on salaries, non salary, tax deposited i.e. Self asst tax adv tax tcs and refunds.

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Neha sharma (-) (1257 Points)
Replied 10 September 2013

Form 16A reflects the amount that has been deducted at the time of making payment.

If you are receiving amount from 10 different sources and TDS has been deducted thereon, you would be issued 10 different Form 16A

Form 26AS is the amount which has been deposited with the govt. A single Form 26AS contains all the details of all the tax deducted.

Form 26AS reflects that the amount deducted and shown in Form 16A has actually been deposited with the Govt.

Moreover, you can only take credit of the amount shown in Form 26AS

Refer this article for more: https://www.charteredclub.com/form-26as/

3 Like

BRAJRAJ GORANI (student) (21 Points)
Replied 14 December 2015

Form 16 A is issued under section 203 of income tax act , which state the mandatory issuance of such form by the deductor of tax under section 193 to 195 &196 A to 196 D,the purpose of this form is to enable assesse to avail tax credit of amount deducted,mean section 192 have not been included , it has two part ,part 1 reflect detials of tax deducted and deposit through book adjustment ,while part 2 reflect regarding detials of tax deducted and deposit through challans,while 26 AS is issued by department on the basis of data submitted by deductors,sellers,confirmation from bank that tax have been paid