Form 26AS / AIS: Who Qualifies and What You Get

These are consolidated tax statements provided by the government that show a summary of all taxes deducted at source on your income. They serve as an official record of the tax collected on your behalf from various income sources, including affiliate payouts.

👤Who it's for

This service is available to all taxpayers. Regardless of whether you are an employee or a freelancer working in the gig economy, you are eligible to access these documents to track your tax history.

🎁What you get

You get a consolidated statement that provides a clear overview of all taxes deducted on your affiliate payouts. This document is essential for verifying that the amounts withheld by your various income sources are being correctly reported to the government. By reviewing these statements, you can confirm that the tax deductions made by companies match the payments you received, which is vital for accurate tax filing and compliance.

💰What it costs you

Accessing these statements is free. There are no fees required to view your tax records or download your consolidated statements. You simply need to access the official portal using your personal login credentials.

⚠️The catch to know

The most important thing to watch for is the accuracy of the deductions. In many cases, affiliate networks will deduct tax at a specific rate (such as 10%). You must carefully review your statements to ensure that the amounts listed actually reflect what was deducted from your earnings. If there is a discrepancy between what the affiliate network took and what is shown in your statement, it could cause issues during your tax filing process.

📝How to apply

1. Visit the official government tax portal.
2. Log in to your account using your official credentials.
3. Locate the section for tax statements or consolidated records.
4. Review the details of your deductions to ensure they match your payout records.

https://www.incometax.gov.in/