Know about Code used in Form No. 26AS
Form No. 26AS merely mentions the code and doesn’t mention directly as to what is actually denote. Here is a compilation of what the Code (001, 002, 003, etc) denoted in Form NO. 26AS:
Code & Type of Transaction as shown in 26AS: A detailed Descriptions
Code |
Description |
001 |
Cash deposits aggregating to ten lakh rupees or more in a year in any savings account of a person maintained in a banking company to which the Banking |
002 |
Payment made by any person against bills raised in respect of a credit card aggregating to two lakh rupees or more in a year. |
003 |
Receipt from any person of an amount of two lakh rupees or more for purchase of units of a Mutual Fund. |
004 |
Receipt from any person of an amount of five lakh rupees or more for acquiring bonds or debentures issued by a company or institution. |
005 |
Receipt from any person of an amount of one lakh rupees or more for acquiring shares issued by a company. |
006 |
Purchase by any person of immovable property valued at thirty lakh rupees or more |
007 |
Sale by any person of immovable property valued at thirty lakh rupees or more. |
008 |
Receipt from any person of an amount of five lakh rupees or more in a year for investment in bonds issued by Reserve Bank of India. |