CHAPTER XVII — COLLECTION AND RECOVERY OF TAX · B.—DEDUCTION AT SOURCE
CHAPTER XVII — COLLECTION AND RECOVERY OF TAX · B.—DEDUCTION AT SOURCE
Section 203AA — Furnishing of Statement of Tax Deducted (Form 26AS) (Omitted)
Case Laws & Commentary · Income-tax Act, 1961 (as amended by the Finance Act, 2026) · bharattax.co Treatise
Status: Omitted by the Finance Act, 2020 (w.e.f. 1 June 2020); re-housed as section 285BB (AIS).
Finance Act, 2026: No amendment (omitted; function continued under section 285BB).
Mechanism: Historically required the prescribed authority to furnish the annual tax statement (Form 26AS); now under section 285BB as the Annual Information Statement.
Litigation profile: None. Omitted and re-housed — the candour rule applies.
A. SECTION COMMENTARY
Section 203AA required the prescribed income-tax authority (or the person authorised by it) to prepare and deliver to every person from whose income tax had been deducted (or in respect of whom tax had been paid) a statement of the tax deducted/paid — the annual tax statement that became familiar as Form 26AS. It was the statutory basis of the consolidated tax-credit statement on which deductees relied to verify and claim their TDS credit.
Section 203AA was omitted by the Finance Act, 2020 with effect from 1 June 2020. The function it performed was not abandoned but enlarged and relocated to the new section 285BB, under which the prescribed authority uploads an 'Annual Information Statement' — a wider statement that carries not only TDS/TCS but a broad range of the taxpayer's financial information. Form 26AS thus continues in substance under the section 285BB regime, with an expanded scope.
A re-housed provision — candour
There is no body of section 203AA merits authority of present relevance; the provision was machinery, now superseded. In candour, it is noted for completeness, the live provision being section 285BB. The substantive protection of the deductee's credit (independent of any statement deficiency) remains in sections 199 and 205.
B. STATUTORY POSITION (verbatim text)
Reproduced from the Income-tax Act, 1961 as amended up to the Finance Act, 2025 (the Finance Act, 2026 makes no amendment to this section). Editorial markers “***” denote text omitted by the Legislature.
203AA. Omitted by the Finance Act, 2020, w.e.f. 1-6-2020.
C. AUTHORITIES
Candour rule observed: section 203AA is omitted (w.e.f. 1 June 2020) and re-housed as section 285BB (AIS). Noted for completeness.
No current authority — legislative note
Re-housing as section 285BB (Annual Information Statement)
Principle: The Form-26AS function of section 203AA was relocated to section 285BB (w.e.f. 1 June 2020), which provides for an expanded Annual Information Statement; section 203AA has no current operation.
Use: Directs the reader to the operative provision (section 285BB).
Principle: A deductee's credit is protected under sections 199 and 205 even where the tax statement is deficient through the deductor's default; the statement is evidence, not the source of the right.
Use: Confirms that the deductee does not lose credit for a statement deficiency.
Compiled for the bharattax.co Treatise on the Income-tax Act, 1961 (as amended by the Finance Act, 2026). Statutory text is reproduced verbatim from the bare Act; case-law citations have been web-verified. Where a section is new, narrow or substantially unlitigated, the candour rule is observed — the absence of direct authority is stated and only genuinely cognate authority is offered. This digest is for professional reference and is not a substitute for the official report of any judgment.
CHAPTER XVII — COLLECTION AND RECOVERY OF TAX · B.—DEDUCTION AT SOURCE
Section 203AA — Furnishing of Statement of Tax Deducted (Form 26AS) (Omitted)
Case Laws & Commentary · Income-tax Act, 1961 (as amended by the Finance Act, 2026) · bharattax.co Treatise
Status: Omitted by the Finance Act, 2020 (w.e.f. 1 June 2020); re-housed as section 285BB (AIS).
Finance Act, 2026: No amendment (omitted; function continued under section 285BB).
Mechanism: Historically required the prescribed authority to furnish the annual tax statement (Form 26AS); now under section 285BB as the Annual Information Statement.
Litigation profile: None. Omitted and re-housed — the candour rule applies.
A. SECTION COMMENTARY
Section 203AA required the prescribed income-tax authority (or the person authorised by it) to prepare and deliver to every person from whose income tax had been deducted (or in respect of whom tax had been paid) a statement of the tax deducted/paid — the annual tax statement that became familiar as Form 26AS. It was the statutory basis of the consolidated tax-credit statement on which deductees relied to verify and claim their TDS credit.
Omitted and re-housed as section 285BB / the AIS
Section 203AA was omitted by the Finance Act, 2020 with effect from 1 June 2020. The function it performed was not abandoned but enlarged and relocated to the new section 285BB, under which the prescribed authority uploads an 'Annual Information Statement' — a wider statement that carries not only TDS/TCS but a broad range of the taxpayer's financial information. Form 26AS thus continues in substance under the section 285BB regime, with an expanded scope.
A re-housed provision — candour
There is no body of section 203AA merits authority of present relevance; the provision was machinery, now superseded. In candour, it is noted for completeness, the live provision being section 285BB. The substantive protection of the deductee's credit (independent of any statement deficiency) remains in sections 199 and 205.
B. STATUTORY POSITION (verbatim text)
Reproduced from the Income-tax Act, 1961 as amended up to the Finance Act, 2025 (the Finance Act, 2026 makes no amendment to this section). Editorial markers “***” denote text omitted by the Legislature.
203AA. Omitted by the Finance Act, 2020, w.e.f. 1-6-2020.
C. AUTHORITIES
Candour rule observed: section 203AA is omitted (w.e.f. 1 June 2020) and re-housed as section 285BB (AIS). Noted for completeness.
No current authority — legislative note
Re-housing as section 285BB (Annual Information Statement)
Principle: The Form-26AS function of section 203AA was relocated to section 285BB (w.e.f. 1 June 2020), which provides for an expanded Annual Information Statement; section 203AA has no current operation.
Use: Directs the reader to the operative provision (section 285BB).
Credit protected independently — sections 199/205
Principle: A deductee's credit is protected under sections 199 and 205 even where the tax statement is deficient through the deductor's default; the statement is evidence, not the source of the right.
Use: Confirms that the deductee does not lose credit for a statement deficiency.
Compiled for the bharattax.co Treatise on the Income-tax Act, 1961 (as amended by the Finance Act, 2026). Statutory text is reproduced verbatim from the bare Act; case-law citations have been web-verified. Where a section is new, narrow or substantially unlitigated, the candour rule is observed — the absence of direct authority is stated and only genuinely cognate authority is offered. This digest is for professional reference and is not a substitute for the official report of any judgment.