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INCOME TAX

Annual Tax Statement Changes: Form 168 vs. Form 26AS

The new Form 168, replacing the previous Form 26AS, includes the PAN and TAN of the Deductor. This facilitates easier reconciliation of financial books and simplifies the management of TDS/TCS records.

by TaxConcept July 27, 2026July 27, 2026

New Form 168/Annual Tax Statement (Earlier Form 26AS) has PAN of Deductor along with TAN of Deductor so easy to Reconcile Books and TDS/TCS Records.

Summary for Tax Year 2026-27 showing TDS of ₹18,000 and TCS of ₹0. Includes details of tax deducted at source with transaction dates and amounts.

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Annual Tax Statement Changes: Form 168 vs. Form 26AS

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