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  1. Tax Act
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Importance of Form 26AS & AIS under Income Tax Act, 1961
Form 26AS, AIS (Annual Information Statement) & SFT (Specified Financial Transactions) play a vital role in ensuring *financial transparency & accurate tax reporting*. 📄 *Form 26AS* – Tax Credit Statement (Sec. 203AA & Rule 114-I) Shows TDS, TCS, advance/self-assessment tax & refunds. Verify tax credits before filing ITR Detect mismatches ...
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