FreeComplianceForm 26AS and AIS: checking a company's tax credits
Before filing its return, a company should match its books against two government statements: Form 26AS, which shows tax deducted and paid in its PAN, and the Annual Information Statement (AIS), which shows a wider set of reported transactions.
What each shows
| Form 26AS | AIS | |
|---|---|---|
| TDS and TCS credits | Yes | Yes |
| Advance tax and self-assessment tax | Yes | Yes |
| Refunds | Yes | Yes |
| High-value transactions (interest, dividends, securities, GST turnover) | Limited | Detailed |
| Feedback option | No | Yes |
Why reconcile
Tax credit is given only for TDS that appears in 26AS. If a customer deducted TDS but did not file its return correctly, your credit will be missing. AIS entries that do not match your books can trigger notices.
- 1.Download 26AS and AIS from the e-filing portal.
- 2.Match TDS by customer, quarter and amount.
- 3.Chase customers for missing or wrong entries, and ask them to file correction statements.
- 4.Submit feedback on AIS for incorrect entries.
Frequently asked questions
This guide is general information, not legal advice. Government fees and procedures change; confirm current figures before you file.
- ITR-6: filing a company's income-tax return
Who files ITR-6, due dates, what information it needs, digital signature requirement, and consequences of late filing.
- TDS return forms: 138, 140 and 144 (formerly 24Q, 26Q and 27Q)
The new TDS return forms from 1 April 2026 (138, 140, 144, 143), how they map to 24Q, 26Q, 27Q and 27EQ, and how to file them.
- Advance tax for companies: due dates and interest
When a company must pay advance tax, the four instalment dates and percentages, and interest for shortfall or delay.