CBDTが改訂版フォーム26ASを通知、不動産や株式の取引詳細を含める

On 28th May, 2020, vide Income Tax (11th Amendment) Rules, 2020, effective from 1st June, 2020, Income Tax department deleted Section 203AA of Income Tax Act read with Rule 31AB of Income Tax Rules, 1961 and inserted a new Rule 114-I to introduce amendment in Annual Information Statement in by revised form 26AS.

Section 203AA read with Rule 31AB of Income tax Act, 1961 requires the Director General of Income Tax or any other person authorised on his behalf to send details to every taxpayer in Form 26AS-Annual Information Statement. Form 26AS contains following details:

1. 納税者のPAN（恒久口座番号）、氏名、住所
2. パートA - 源泉徴収税額の詳細
3. パートB - 源泉徴収された税額の詳細
4. パートC - 納付済み税額の詳細（TDSまたはTCS以外）
5. パートD - 還付金受領の詳細
6. パートE - 特定金融取引（SFT）の詳細
7. パートF - 不動産売却時の源泉徴収税（第194IA条）／不動産賃料の源泉徴収税（第194IB条）の詳細（不動産の購入者／賃借人向け）
8. パートG - TDS不履行（明細書の処理状況）

したがって、改訂版フォーム26ASは脱税の防止に役立つとともに、納税者が所得税申告書において詳細を正確に開示する一助となります。

Amended Form 26AS The Income Tax Act- (11th Amendment), 2020

改訂版フォーム26ASにはより詳細な情報が記載されており、脱税の監視強化に寄与します。

The amended version of the Form 26AS highlights every transaction details above a certain limit that includes the credit card bills, Bank deposits and any other investments by the taxpayers. 

The intention of bringing this new amendment in the Taxation system to generalise the information flow and transparency between the tax authorities and tax-payers. 

The new revised Form 26AS will help the tax authorities to maintain the assesses profile and the transaction details for better tax filing with full confidentiality. It will help the taxpayers as well to regulate their overpayments or dual tax payments in the same financial year.

1. Salient features of Revised Annual Information Statement (Form 26AS):

Rule 114-I, read with Section 258BB of Income Tax Act, requires the Principal Director of Income Tax (Systems) or Director General of Income Tax (System) to upload Annual Information Statement in form 26AS in every taxpayer’s account.

In addition to the information reported in original Form 26AS, revised Form 26AS requires reporting of following additional information

1.1 Aadhar Number, Date of Birth, Mobile Number and Email address of taxpayer in revised form 26AS 

More updated information will help the department authority in better maintenance of data.

1.2 Information relating to specified financial transactions in revised form 26AS

Income Tax act required specific persons, including financial institutions,  to report certain information to department authorities. Transactions required to be reported are:

1. 商品、不動産、または不動産に関する権利や利益の購入、売却、交換取引、または
2. サービスの提供に関する取引、または
3. 請負契約に基づく取引、または
4. 投資または支出を伴う取引、または
5. 融資や預金の受け入れに関する取引

Department has notified various transactions to be reported as SFT in Rule 114E

1.3 Information relating to demand and refund in revised form 26AS

Earlier information to demand was not available in form 26AS. However, the amended form 26AS contains information related to demand or refund related to the taxpayer.

1.4 Information relating to completed and pending proceedings in revised form 26AS

Information against pending proceeding is also available in form 26AS. Therefore, it is not possible for the taxpayer to hide information related to its proceedings.

1.5 Revised Form 26AS will update within 3 months 

The information provided on this Form 26AS, it's not only a one-time affair as an yearly basis. Form 26AS will update within 3 months from the end of the month in which information is received.