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FY 2026-27 · Updated for New IT Act

How to Download Form 168 from TRACES — Your Complete Tax Statement

Remember Form 26AS? That page where you checked your TDS credits? It has a new name now — Form 168. And it shows way more information than before. Let me show you exactly how to access it.

Form 26AS → Now Form 168
AIS + TIS = Form 168

Quick Answer

Form 168 is your Annual Information Statement (AIS) — the most comprehensive record of all your financial transactions and TDS credits with the Income Tax Department. It replaced Form 26AS from FY 2026-27. You can view and download it from the Income Tax e-filing portal (incometax.gov.in) or via TRACES (tdscpc.gov.in).

What Does Form 168 Show?

Form 168 is like your financial Aadhaar — it knows everything. Here's what it includes:

Information CategoryWhat It Shows
TDS on SalaryTDS deducted by your employer (from Form 138)
TDS on Other IncomeBank interest, rent, professional fees, etc.
TCS (Tax Collected at Source)Foreign remittance, car purchase above ₹10L, etc.
Advance Tax / Self-Assessment TaxAny tax you paid directly via challans
High-Value TransactionsProperty purchases, FD above ₹10L, cash deposits, etc.
Mutual Fund TransactionsPurchase, redemption, dividends
Share TradingBuy/sell transactions reported by broker
Interest IncomeSavings account, FD, RD interest from all banks
Rent ReceivedIf tenant reports TDS on rent

Samajh lo: the government already knows about most of your income. Form 168 is just showing you what they know. If you hide income in your ITR, the mismatch will get flagged!

How to Download Form 168 — Step by Step

Method 1: From Income Tax Portal (Recommended)

This is the easiest method for salaried employees:

StepWhat to Do
Step 1Go to incometax.gov.in and login with your PAN + password
Step 2Click on "e-File" in the top menu
Step 3Select "Income Tax Returns" → "View Form 168 (AIS)"
Step 4Select the Financial Year (e.g., 2026-27)
Step 5Your Form 168 will load on screen. Review all sections
Step 6Click "Download" to save as PDF

Method 2: From TRACES Portal

You can also access Form 168 via TRACES:

StepWhat to Do
Step 1Go to tdscpc.gov.in (TRACES portal)
Step 2Login as "Taxpayer" using PAN, password, and date of birth
Step 3Go to "My Account" → "View Form 168"
Step 4Select the Assessment Year (e.g., AY 2027-28 for FY 2026-27)
Step 5Click "View/Download"
💡 Which Method Is Better?

The Income Tax portal (Method 1) is better for most people. It shows the "Taxpayer Information Summary" (TIS) alongside Form 168, letting you provide feedback on incorrect entries. TRACES is more useful for employers and deductors.

Form 168 vs Old Form 26AS — What's Different?

FeatureOld: Form 26ASNew: Form 168
LawIncome-tax Act, 1961Income-tax Act, 2025
ScopeOnly TDS/TCS creditsTDS/TCS + all financial transactions
Mutual Funds❌ Not shown✓ Purchases, redemptions, dividends
Property DealsLimited info✓ Full details from Sub-Registrar
Bank InterestOnly TDS on FD✓ All interest — savings, FD, RD
Feedback Option❌ No✓ Accept/Reject transactions
Pre-filled ITRPartial✓ Comprehensive auto-fill

Real-Life Scenario: Priya Checks Her Form 168

Priya earns ₹12 lakh salary and has some other income too. Here's what she found in her Form 168:

SourceAmount ReportedTDS Credit
Salary (Employer: ABC Ltd)₹12,00,000₹0 (zero tax under New Regime)
FD Interest (SBI)₹45,000₹4,500
Savings A/c Interest (HDFC)₹8,200₹0 (no TDS on savings interest)
Mutual Fund Redemption₹2,50,000
Total TDS Credit₹4,500

Priya's salary TDS is ₹0 because her ₹12L salary is tax-free under New Regime (₹75K standard deduction brings it to ₹11.25L, well within the 87A rebate limit). But she notices the mutual fund redemption — she needs to check if there's any capital gains tax on that! Bahut important hai.

Common Mistakes to Avoid

⚠ Don't Ignore the "Other Income" Section

Many people only check TDS on salary. But Form 168 also shows FD interest, savings interest, share trading, and property deals. If you skip declaring these in your ITR, the system will flag it. Even ₹5,000 savings account interest must be reported.

⚠ Don't File ITR Before Checking Form 168

Always download Form 168 and verify all TDS credits before filing your ITR. If Form 168 shows less TDS than your Form 130, your employer hasn't deposited the tax yet. Filing with wrong TDS = delayed refund or notice.

✓ Pro Tip: Use the Feedback Feature

If Form 168 shows a transaction you don't recognize, or shows the wrong amount, use the "Accept/Modify/Deny" feedback option. This doesn't change your tax liability, but helps the department correct their records and reduces chances of a mismatch notice.

Know Your Tax Before You Check Form 168

Enter your salary in our calculator to know exactly how much TDS should appear in your Form 168. If the numbers don't match, you know something needs fixing.

Calculate My Tax Free →

Frequently Asked Questions

Form 168 is the new Annual Information Statement (AIS) under the Income-tax Act, 2025. It replaced Form 26AS from April 1, 2026. It shows all your income sources, TDS credits, tax payments, and financial transactions reported to the Income Tax Department.
Login to incometax.gov.in with your PAN and password. Go to e-File → Income Tax Returns → View Form 168 (AIS). Select the financial year and download in PDF format. You can also access it via the TRACES portal under the taxpayer login.
Form 168 replaced Form 26AS under the new Income-tax Act, 2025. Form 168 is more comprehensive — it includes TDS/TCS details, high-value transactions, mutual fund transactions, property purchases, and more. Form 26AS only showed TDS/TCS credits.
Yes. Form 168 shows all TDS deducted from your salary, as filed by your employer via Form 138. It also shows TDS on bank interest, rent, and other income sources. The salary TDS in Form 168 should match the TDS shown in your Form 130.
If the TDS in Form 168 doesn't match your Form 130, contact your employer immediately. They need to file a correction in their Form 138 (quarterly TDS return). Do not file your ITR until the mismatch is resolved, as wrong TDS credit can delay your refund.
Yes. Form 168 is the official form number for the Annual Information Statement (AIS) under the new Income-tax Act, 2025. Earlier, the AIS was a separate feature on the portal alongside Form 26AS. Now it's unified as Form 168.

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