AIS

Full form: Annual Information Statement

Tax & Deductions

AIS is a comprehensive statement available on the Income Tax portal showing all financial transactions reported against your PAN -- salary, interest, dividends, mutual fund transactions, property purchases, and more. Launched in 2021 to replace Form 26AS.

In detail

AIS pulls data from banks, AMCs, registrars, stock exchanges, and other reporting entities. It is the basis for pre-filled ITR. Check AIS before filing ITR to ensure all income is captured and no incorrect entries exist. Errors can be flagged online for correction by the reporting entity.nnAIS is available at incometax.gov.in under the e-filing portal. More comprehensive than Form 26AS which only showed TDS/TCS.

Real-life example

🇮🇳 India example

Priya checks AIS before filing ITR. It shows: salary Rs 12L (from employer), FD interest Rs 42,000 (from 3 banks), mutual fund redemption Rs 2.8L (from CAMS), dividend Rs 8,500 (from 2 stocks). She uses this to ensure her ITR matches all reported income exactly -- no scrutiny notices.

Frequently asked questions

Is AIS the same as Form 26AS? ▼

AIS is more comprehensive. Form 26AS shows TDS/TCS and advance tax. AIS includes all financial transactions (purchases, sales, interest, dividends). AIS is the modern replacement -- always check AIS, not just Form 26AS, before filing ITR.