Skip to content
Ranga & Company
Glossary · Income tax

What is the Annual Information Statement (AIS)?

Reviewed by Ranga & Company

AIS: The Annual Information Statement (AIS) is a detailed record on the income tax portal of your financial transactions for the year, reported by banks, employers, brokers and others, used to pre-fill and check your return.

At a glance

Where
incometax.gov.in → AIS
Includes
Salary, interest, dividends, share and mutual fund trades, rent, GST turnover, foreign remittances, TDS/TCS
Summary
Taxpayer Information Summary (TIS) totals each category
Feedback
You can mark entries as incorrect, duplicate or not yours

Why AIS matters

Your return is checked against AIS when it is processed. Income that appears in AIS but not in your return is the single most common trigger for 143(1) adjustments and compliance emails.

Using AIS before you file

  1. Download AIS and TIS as PDF or JSON
  2. Match each item with your own records: savings interest, FD interest, dividends, sale of shares
  3. Give feedback on wrong entries, for example a transaction that isn't yours
  4. Include every correct item in your return

Common mistakes

  • Ignoring small savings interest that adds up and shows in AIS
  • Reporting full sale value of shares as income instead of computing the capital gain

Frequently asked questions

Is AIS the same as Form 26AS?

No. Form 26AS covers taxes deducted and paid. AIS also includes interest, dividends, securities transactions and other reported information.

What should I do if AIS shows a transaction that isn't mine?

Submit feedback on the AIS entry marking it as not yours or incorrect. The reporting entity is asked to confirm or correct it.

Do I have to report everything in AIS?

Report every correct item. Where AIS is wrong, give feedback and file based on the correct figures, keeping your proof.

Related services

From the blog

All articles →

Talk to a Jodhpur tax expert today

Send your documents on WhatsApp or book a free 15-minute call. We reply the same working day.