Form 168: The New Annual Tax Statement That Replaces Form 26AS
From tax year 2026-27, Form 168 is the annual information statement under section 510, replacing Form 26AS. What it shows, how it relates to the AIS and Form 130, and how to fix a wrong entry.
Updated 27 September 2026 · 4 minute read
Form 168 is the annual information statement for tax year 2026-27 onwards, the successor to Form 26AS. It is prescribed by section 510 of the Income-tax Act, 2025 and rule 245 of the Income-tax Rules, 2026. It pulls together what Form 26AS and the Annual Information Statement (AIS) showed between them: the tax deducted and collected against your PAN, the taxes you paid, refunds, demands, your larger financial transactions, and the status of any tax proceedings.
You do not fill it in or file it. The department generates it and keeps it updated in your e-filing account as deductors, banks and others report.
Which statement for which year
| Income earned | Statement to check | Return filed in |
|---|---|---|
| April 2025 to March 2026 (FY 2025-26) | Form 26AS and the AIS, under the old Act | 2026 |
| April 2026 to March 2027 (tax year 2026-27) | Form 168 | 2027 |
So the first time Form 168 matters for your return is when you file for tax year 2026-27, due by 31 July 2027 for most salaried people. The tax year guide explains why the old and new names overlap during 2026.
What it shows
Part A has your details: name, date of birth, address, PAN, email and phone number.
Part B has the information, grouped by type:
- TDS and TCS, deductor by deductor, from their quarterly returns. For most people the biggest line is salary TDS from each employer.
- Tax payments: advance tax, self-assessment tax and any other challans against your PAN.
- Specified financial transactions reported by banks, mutual funds, registrars and others: interest, dividends, share and fund transactions, property purchases, large cash deposits and similar entries.
- Demands and refunds, pulled from the processing of your returns.
- Tax proceedings, pending and completed.
It is updated as that reporting comes in, so an entry can appear weeks after the quarter it belongs to.
Checking it before you file
Salaried people mainly use it for three checks:
- Salary TDS matches Form 130. Form 130 is the new name for Form 16. The TDS in Part A of your Form 130 should equal your employer's TDS lines in Form 168. If the certificate shows TDS that Form 168 does not, your employer has either not deposited it or reported it against the wrong PAN. Only credits that appear in the statement are allowed in your return, so chase your employer to correct its TDS return. The Form 16 and Form 130 guide covers the certificate itself.
- Every employer is there. If you changed jobs, both employers' TDS should appear. Two employers each giving you the full rebate is a common reason salaried people owe tax at filing.
- Other income is reported. Savings interest, fixed deposit interest and dividends show up here. Leave them out of your return and the mismatch will be picked up.
Fixing a wrong entry
If a transaction is wrong, duplicated or belongs to someone else, you respond through the AIS screen on the e-filing portal, which lets you mark each entry as not fully correct, duplicate, relating to another PAN or year, or denied. Keep the acknowledgement. The source that reported it may be asked to confirm or correct it.
A missing TDS credit is different. Feedback does not add it; the deductor has to file a corrected TDS return. For salary TDS that means your employer's payroll or finance team.
How it fits with the other forms
| Old name | New name, from tax year 2026-27 | What it is |
|---|---|---|
| Form 26AS | Form 168 | Your annual tax statement from the department |
| Form 16 | Form 130 | Your employer's TDS certificate |
| Form 12BB | Form 124 | Your declaration of claims to your employer |
| Form 10E | Form 39 | Your claim for relief on salary arrears |
The Form 124 guide and the salary arrears relief guide cover the other two. If your salary TDS looks too high or too low during the year, TDS on salary explained shows how employers work it out.
Frequently asked questions
Is Form 26AS discontinued?
For income from tax year 2026-27 onwards, Form 168 takes its place. Form 26AS and the AIS remain the statements for FY 2025-26 and earlier years.
What is the difference between Form 168 and the AIS?
Form 168 is the statutory annual information statement under the new Act, covering what Form 26AS and the AIS showed together. The AIS screen on the portal is still where you view the details and give feedback on individual entries.
Do I have to file Form 168?
No. The Income Tax Department generates it from what deductors, banks and others report, and makes it available in your e-filing account.
What if my salary TDS is missing from Form 168?
Ask your employer to check its quarterly TDS return. The credit only appears once the employer deposits the tax and reports it against your correct PAN, and only credits that appear can be claimed in your return.
Has Form 16 also been replaced?
Yes. From tax year 2026-27 the TDS certificate your employer gives you is Form 130. The first ones are issued in 2027, after the tax year ends.