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<h1>Annual Information Statement consolidates tax deductions, collections, payments, demands, refunds and proceedings for taxpayer transparency.</h1> Annual Information Statement (Form 26AS) is a consolidated taxpayer information statement listing taxpayer identifiers and categorising reported data into parts covering tax deducted at source, tax collected at source, tax payments (other than TDS/TCS), demands and refunds, pending and completed proceedings, and specified financial transactions, compiled from data submitted by deductors/sellers and banks and excluding payments for other assessment years and penalties.
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