![]() However, people want to know more about it and that’s why we are here with the complete details of the new form 26AS. Omitted with effect from 1 st June 2020) of the Income Tax Act, 1961.įorget about the old form 26AS because a new form 26AS has been introduced and it is having far fewer details than the old one. It is mandatory to prepare traces Form 26AS under Rule 114I (Rule 31AB has been The Income Tax Department of India requires to upload annual statements in new form 26AS containing the details of Tax Credit in the account of a taxpayer as per the records of the department. Introduction of Traces New Form 26AS (Annual Statement)
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