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New Form 26AS is faceless handholding of taxpayer to e-file ITR correctly: CBDT

July 18, 2020
The CBDT has said that the new Form 26AS is the faceless hand-holding of the taxpayers to e-file their income tax returns quickly and correctly. Information received by the Income-tax Dept. from Statement of Financial Transactions (SFTs) will be shown under Part E of Form 26AS. It will facilitate voluntary compliance, tax accountability and ease of e-filing of ITR.
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