Form 26AS is a cumulative account of the taxes you have already charged and any refunds owed to you for the current fiscal year. The statement is available for download on the IRS website.Taxes deducted at source, taxes paid at source, information about high-value transaction deductions, advance taxes, and tax deducted for property selling, among other deductions, are all included on the form. Form 26AS is the single source of knowledge about all of your income tax deductions. It’s crucial to have Form 26AS on hand when filing your taxes, and not only because it simplifies the process of obtaining tax credits.