How to Download Income Tax Statement for Personal Loan Application

How to Download Income Tax Statement for Personal Loan Application

17 December, 2024

Synopsis

  • An Annual Information Statement provides a detailed overview of all financial transactions, income and taxes paid by an individual or a company in one financial year.
  • An annual income statement is required for filing income tax.
  • Individuals and companies can download annual income statements from the official Indian Income Tax Website for Personal Loan applications.

An Annual Income Statement is a vital document for filing tax returns. It gives a detailed summary of financial transactions, funds credited and debited, and direct and indirect taxes paid by an individual or a company. This annual income statement is accessible on the official Indian Income Tax Website and can be downloaded easily. Let us see how to download information statement of income tax and its importance in Personal Loan application.

How to Download Income Tax Statements

Downloading an income statement is fairly simple and straightforward if you follow all steps on how to download an annual information statement of income tax. They are as follows:

  1. Log in to the official Income Tax E-Filing portal.

  2. Use your credentials like PAN (Permanent Account Number) details and fill in other relevant details.

  3. Go to the “View E-Filing Section”

  4. Locate Downloads toggle and select “Annual Information Statement” (AIS)

  5. Alternatively, you can also select “Form 26AS”

  6. Download in PDF format and save to files.

This is how you download the annual income statement. It includes all financial details of an individual or a company like earnings, deductions, and other relevant tax related information for one financial year. This statement is crucial for gaining insights on your investments, taxable income, tax deducted at source -TDS, tax credits and any advance tax paid.

Importance of Annual Income Statements in Personal Loan Application

Personal Loans are unsecured loans where you’re not required to pledge any kind of security. The determining factors then are the applicant’s credit score, income and employment/business stability. Since the income statements provide an overview of your income for the year, you may submit it as one of the income proofs to enhance your eligibility.

Get Access to HDFC Bank Xpress Personal Loans with Minimal Documentation

With HDFC Bank, you can get access to Xpress Personal Loans of up to ₹40 Lakh. As income proof, you can simply provide your bank statements, salary slips or salary certificates. As a self-employed individual, you may provide your income tax statements as the income proof.

Apply for Xpress Personal Loan online

Frequently Asked Questions

How to download an income statement?

An annual income statement can be downloaded from the official income tax website under the E-filing portal.

How do I download my annual income statement?

Download AIS or Form 26AS from the official income tax website.

How to get the income statement online?

Income statement can be found on the official income tax website in the e-filing section.

How do I download the income statement of any company?

​​​​​​​Company income statements can be downloaded from the MCA website or the official website of the business.

Apply for Xpress Personal Loan online

*Disclaimer: Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Personal Loan at the sole discretion of HDFC Bank Limited.  Loan disbursal is subject to documentation and verification as per Bank's requirement. Interest rates are subject to change. Please check with your RM or closest bank branch for current interest rates. 

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