What is the AIS?
The Annual Information Statement (AIS) is the comprehensive view of all financial transactions reported to the Income Tax Department against your PAN during a financial year. Introduced by CBDT in November 2021, it superseded the narrower Form 26AS as the primary pre-filing reference document for taxpayers.
AIS vs Form 26AS
- Form 26AS: TDS/TCS, advance/self-assessment tax, refunds, and limited SFT. Sourced almost entirely from deductors.
- AIS: every reported information line — salary, savings/FD interest, dividends, mutual-fund redemptions, equity sales (with ISIN-level granularity), purchase of immovable property, foreign remittances, GST turnover, business receipts. Sourced from a much wider reporter network (banks, RTAs, depositories, registrars).
Why CBDT Introduced It
The intent was three-fold: pre-fill ITRs more accurately (reducing taxpayer effort), give taxpayers visibility into what the department already knows, and tighten the audit-trail for high-value transactions. Each AIS line item has a "submit feedback" facility — you can mark items as correct, duplicate, or attributable to another PAN.
How to Access
- Log in to
incometax.gov.inwith PAN + password - Click "AIS" in the top menu
- Two reports appear: Taxpayer Information Summary (TIS) — aggregated, used for pre-fill; AIS — line-item detail with feedback option
- PDF password = PAN (lowercase) + DOB DDMMYYYY (e.g.,
abcde1234f01011985)
What to Verify
- Equity sale entries match your broker's capital-gains statement (check LTCG aggregation)
- Mutual-fund dividends and redemptions tally with CAMS/KFintech statement
- Savings interest > Rs 10,000 (Section 80TTA limit) is correctly captured
- No phantom transactions appear — file feedback "Information is not correct" immediately
Educational only — not advice. ARN-314872.