How to verify FORM 16 A given by Banks for TERM DEPOSITS & View your 26 AS in Bank NETBANKING

Whenever you get FORM 16 A for term deposits from Banks, you can verify or do reconciliation yourself rather then wasting time with auditor as filing ITR is very easy these days. You can log on to Internet or any net banking of any bank, under taxes options you can see your 26 AS which will show Interest Rates punched by Banks with entries bank wise under your PAN CARD details. Apart from FORM 16 A you should take Interest Paid certificates from each bank, add all the interest in Interest Paid certificates and tally it with your FORM 16 A and 26 AS under different banks names.

Please see few snapshots of ICICI and CANARA BANK on how to see 26 AS in NETBANKING:-


CANARA BANK - Under Payments option, click on TAX Payments on left and You can click on View Tax Credit Statement option, it will open new window as shown in image II and you have to click I agree condition, then click on View Tax Credit (Form 26AS) .

After clicking View Tax Credit Statement option it will take you to new below window

In case ICICI NETBANKING Login go to PAYMENTS & TRANSFER and CLICK MANAGE YOUR TAXES.

Then Click View Tax Credit (Form 26AS) to view your Form 26AS. In the same way it will take you new tax window as above.