Annual Information Statement ( AIS )​ and ​FORM 26AS

The new annual information statement (AIS) is the detailed version of 26AS, containing all your financial transactions, income details, and tax deductions. Learn more about AIS and Form 26AS here.

New Annual Information Statement (AIS) – Detailed Financial Transactions | Form 26AS

The new annual information statement (AIS) is the detailed version of 26AS, containing all your financial transactions, income details, and tax deductions. Learn more about AIS and Form 26AS here.

The AIS issued by the Income Tax Department stands for Annual Information Statement.  

It is a comprehensive view of information for a taxpayer that is displayed in Form 26AS. The AIS provides a detailed summary of a taxpayer’s financial transactions during a financial year, which may have tax implications. It is a more detailed statement compared to Form 26AS as it includes additional information.  

Key objectives of AIS:

• To provide a complete view of information to the taxpayer.  
• To facilitate the capture of online feedback from taxpayers on the information displayed.
• To promote voluntary tax compliance.  
• To enable seamless pre-filling of income tax returns.
• To deter non-compliance by taxpayers.

Information included in AIS:

The AIS contains a wide range of information, categorized under different sections:

• TDS/TCS Information: Details of Tax Deducted at Source (TDS) and Tax Collected at Source (TCS).
• SFT Information: Information received from reporting entities under the Statement of Financial Transactions (SFT) such as:
  • Purchase and sale of shares, mutual funds, and bonds.
  • Transactions in immovable property.
  • Credit card payments.
  • Receipt of cash payments exceeding a certain limit.
  • Interest income from banks and post offices.
  • Dividend income.
• Payment of Taxes: Information relating to various tax payments made by the taxpayer, including advance tax and self-assessment tax.
• Demand and Refund: Details of any tax demands raised by the Income Tax Department and any refunds issued to the taxpayer.
• Other Information: This includes details such as:
  • Interest on income tax refunds.

• Outward foreign remittances.
• Purchase of foreign currency.
• Salary details (Annexure II).  
• GST turnover details.  

Key Features of AIS:

• Comprehensive Information: Provides a consolidated view of various financial transactions.  
• Feedback Mechanism: Allows taxpayers to submit online feedback if they find any discrepancies in the reported information.  
• Reported and Modified Value: Shows both the value reported by the source and the value after considering taxpayer feedback.  
• Taxpayer Information Summary (TIS): A summarized view of the information to help in easier filing of returns.
• Downloadable in Multiple Formats: Taxpayers can download the AIS in PDF, JSON, or CSV formats.  
• Mobile App Access: The Income Tax Department has also launched a mobile app “AIS for Taxpayers” for easy access to the AIS.  

This information is broadly categorized into two parts:

Part A: General Information and Part B: Detailed Financial Information.  

Part A: General Information includes basic details of the taxpayer such as:

• PAN (Permanent Account Number)  
• Masked Aadhaar Number  
• Name of the Taxpayer
• Date of Birth/Incorporation/Formation  
• Mobile Number  
• Email Address
• Address of the Taxpayer

Part B: Detailed Financial Information is the core of the AIS and contains various categories of financial transactions and tax-related data:

1. TDS/TCS Information: This section provides details of:
   • Tax Deducted at Source (TDS) on various incomes like salary, interest, dividends, etc. It includes the TDS amount, deductor details, and the income source. For example, if your employer deducts tax from your salary, those details will be shown here.
   • Tax Collected at Source (TCS) on certain transactions.
2. SFT (Statement of Financial Transaction) Information: This is a significant part of AIS and includes details of various financial transactions reported by different entities:
   • Purchase and sale of shares, mutual funds, and bonds: Details of your investment transactions in the securities market. For instance, if you bought or sold shares during the year, those transactions will be listed.
   • Transactions in immovable property: Information about the buying or selling of land or buildings.
   • Credit card payments: Details of your spending through credit cards.
   • Receipt of cash payments exceeding a certain limit: If you receive large cash amounts that are reported by the payer.
   • Interest income from banks and post offices: Interest earned on your savings accounts, fixed deposits, and other deposits.  
   • Dividend income: Dividends received from investments in shares or mutual funds.  
   • Off-market debit and credit transactions: Transactions of securities that are not done through the regular stock exchange.  
   • Purchase of foreign currency and outward foreign remittances: Details of foreign exchange transactions.  
3. Payment of Taxes: This section provides a summary of all the taxes you have paid during the financial year, including:
   • Advance tax installments
   • Self-assessment tax  
   • Details of challan identification number (CIN), BSR code, and the amount paid.
4. Demand and Refund: This section contains information about:
   • Any tax demands raised by the Income Tax Department against you.  
   • Details of any income tax refunds initiated or received during the year, including the assessment year and the amount.  
   •  
5. Other Information: This is a miscellaneous category that includes:
   • Interest on income tax refunds: If you received a tax refund, the interest earned on it will be shown here.
   • Salary details (Annexure II): More detailed information about your salary income, usually provided by your employer.
   • GST Turnover: Your turnover as reported under the Goods and Services Tax (GST) system.
   • Purchase of foreign currency.
   • Receipt of accumulated balance of Provident Fund (PF) from the employer.
   • Winnings from lottery or crossword puzzles.
   • Winnings from horse races.
   • Rent received (if tax has been deducted at source).
   • Rent paid (if you have deducted tax at source on rent payments).
   • Income from certain investments like infrastructure debt funds or offshore funds.
   • Transactions related to virtual digital assets (VDA).
   • Winnings from online games.
   • Donations received.

​The complete details of new AIS can be got by reading the HANDBOOK published by the IT DEPARTMENT

HOW TO VIEW AND DOWNLOAD NEW AIS Form in Income Tax filing website ?

1. GO TO NEW INCOME TAX E-FILING WEBSITE
2. Login using your PAN Number and password .
3. In the next screen , go to ” AIS ”
4. In the next screen , click on ” proceed ” .
5. In the next screen , you click on AIS .
6. You will get two options
a. Taxpayer Information summary ( TIS ) b. Annual Information statement
The Tax Information Summary will have following information among all other financial transactions you have done during te year :
1. Salary Information 2. Dividend
3. Interest from Deposit 4. Interest from Savings Bank
5. Foreign Travel 6. Sale of Securities and Mutual Funds
7. Purchase of Securities and Mutual Funds
All the above information is to be added to your income in IT Returns and may have bearing on the Tax payable by you

DOWNLOAD NEW AIS APP IN YOUR MOBILE

You can also download New AIS app in your Android mobile / Apple phone :
1. Go to Google Play store/ APPLE App Store

2. ⁠Search for. AIS; it will appear with IT embalm

3. ⁠Download it.

4. Now enter your PAN and the date of your birth, then check the box next to the terms and conditions and tap on ‘PROCEED’.

5. Then enter your mobile number and email address (same as per the e-filing portal).

6. TWO OTPS will come one as SMS message and the other via your registered email.

7. Both you have to feed.

8. Now choose and enter your 4-digit MPIN and 

NOW YOUR COMMENT ON INDIVIDUAL AIS DATA WILL BE TRANSFERRED TO THE SOURCE IN AUTOMATED WAY :
Dated 14.05.2024 : In AIS, you can furnish feedback on every transaction displayed therein. You can comment on the accuracy of the information provided by the Source of such information say your employer or banker . In case of wrong reporting, the same is taken up with the Source for their confirmation, in an automated manner. It may be noted that, information confirmation is currently made functional with regard to information furnished by Tax Deductors / Collectors and Reporting Entities.
Income Tax Department has also now rolled out a new functionality in AIS to display the status of information confirmation process. This will display, whether your feedback has been acted upon by the Source, by either, partially or fully accepting or rejecting the same. In case of partial or full acceptance , the information is required to be corrected by filing a correction statement by the Source. The following attributes shall be visible to the taxpayer for status of Feedback confirmation from Source.
•Whether feedback is shared for confirmation: This will let the taxpayer know if the feedback has been shared with the Reporting Source for confirmation or not.
•Feedback Shared On: This will let the taxpayer know the date on which the feedback has been shared with the Reporting Source for confirmation.•Source Responded On: This will let the taxpayer know the date on which the Reporting Source has responded on the feedback shared with it for confirmation.
•Source Response: This will let the taxpayer know the response provided by the Source on the taxpayer’s feedback (if any correction is required or not).
To read IT Department circular dated 13.05.2024 in this regard , CLICK HERE

HOW TO CORRECT THE INFORMATION ON AIS ?
If you find any of the information is incorrect or not pertaining to your PAN Number , you may inform such details on the above form it self after logging in . Click on the information category in the AIS you find incorrect or not related to you and you will get a screen showing detailed list of the transactions in that category ( say salary ) . You will get details of individual transactions with last column as ” Feedback “‘ . On the particular transaction which is incorrect , you click on ” Options ” Button . You will get a screen showing following 6 options under the ” choose Feedback Type ” :
1. Information is correct 2. Income is not Taxable
3. Information is not fully correct 4. Information relates to other PAN / year
5. Information is Duplicate / included in other information 6. Information is denied .
You click on the appropriate box . The website may seek additional answers based on the type of your feedback and then rectify the error
​

MATCH AIS DATA / FORM 26AS BEFORE SUBMITTING IT RETURNS :

Wait for now for uploading of information

Dated  09. 05.2025:  It’s important to match the information available in Form 26as / AIS with the following records you may have with you
1.Salary certificate / Form 16 issued by employer in the new format ,
2.Interest certificates issued by your banks for the deposits / education loans and housing loans etc 3. Bank account statements for savings bank accounts etc
4. TDS Certificates from employers / Deposit holders 5. Capital gain certificates / statements from your stock brokers 6. Dividend certificates
7. Details of self assessment tax / advance tax paid by you 8. Any other relevant documents if you have any other income
To claim tax rebates under old tax regime , you also need
1. Home loan & interest certificates from banks / housing finance banks
2. Life Insurance premium paid certificates 3. Health insurance premium certificates
4. Tax savings investments made like ULIP 5. Donation certificates

As employers and banks have time up to 31st , May 2025 to submit their returns and time up to 15th , June 2025 to issue Form 16 , you may wait till you receive the necessary documents and verify the information in all the records to ascertain correctness before filing .
Then check each entry in Form 26AS with the documents you have and confirm the information matches . If there is any mismatch , you may take up with the issuers for rectification before submitting your returns . In the mean time , you may continue to check for updation of 26AS / AIS in income tax portal .

FAQ’s on AIS (Annual Information Statement) :
Dated 21.07.2022 : Income Tax department has come out with Answers for frequently Asked Questions ( FAQ ) on AIS and Form 26AS . The article helps the tax payers who have any doubts on them . One can go through the FAQ by clicking here

DIFFERENCE BETWEEN AIS AND FORM 26AS : 

FORM 26AS

WHAT IS FORM 26AS OF INCOME TAX DEPARTMENT ?

Form 26AS is an annual income tax form that contains detailed information on individual’s income , income tax paid . It contains all information about taxes that have been deducted, such as TDS, tax on salary, professional tax, TDS by banks, any advance taxes or self-assessment taxes paid, etc. It also contains information about refunds that you may have received as an individual. It is sssued by Income Tax department on the basis of information collected by them from various sources like your employer , banker or demat holder .
FORM 26AS IN THE CURRENT YEAR FY 2022-23 ( AY 2023-24 ) : From AY 2023-24 onwards, Annual Tax Statement available on TRACES portal will display only TDS/TCS related data. Other details would be available in the AIS (Annual Information Statement ) data . Prior to AY 2023-24, there would be no change in display
Form 26AS contains 8 parts, from I to VIII.
PART-I-Details of Tax Deducted at Source : It contains your individual income from salary , pension , interest , dividend and any other income if any along with TDS collected for each transaction .
PART-II-Details of Tax Deducted at Source for 15G/15H
PART-III-Details of Transactions under Proviso to section 194B/First Proviso to sub-section (1) of section 194R/ Proviso to sub-section(1) of section 194S
PART-IV-Details of Tax Deducted at Source u/s 194IA/ 194IB / 194M/ 194S (For Seller/Landlord of Property/Payee of resident contractors and professionals/ Payee of Virtual Digital Asset)
PART-V-Details of Tax Collected at Source : TCS could have been collected by you if you had purchased / spent in the financial year for the likes of following : 1. Liquor, scrap, tendu leaves, luxury motor vehicles etc.2. Overseas Remittances made by you under Liberalized Remittance Scheme (LRS) of RBI . 3. Spent on overseas tour packages 4. Cryptocurrency transactions
PART-VI-Details of Paid Refund (For which source is CPC-TDS. For other details refer AIS at E-Filing Portal) : It contains details of any tax refund received in the financial year such as TAN refund, ITR refund, 26QB refund, etc.
PART-VII-Details of Tax Deducted at Source u/s 194IA/ 194IB /194M/194S (For Buyer/Tenant of Property /Payer of resident contractors and professionals/Payer of Virtual Digital Asset)
PART-VIII-TDS/TCS Defaults* (Processing of Statements)

FORM 26AS DOWNLOAD

HOW TO DOWNLOAD FORM 26AS ON INCOME TAX E-FILING WEBSITE ?
1. GO TO NEW INCOME TAX E-FILING WEBSITE
2. Login using your PAN Number and password .
3. In the next screen , go to ” e-file ” and in the dropdown menu select ” Income Tax Returns ”
4. In the next drop down menu select ” View Form 26AS ” and click on it .
5. Now you will be taken to TDS -CPC Website to view Form 26as . Please confirm .
6. In the TDS-CPC Website , agree to usage to proceed
7. Then go the top and click on ” View / Verify tax credit ”
8. Then click on the relevant assessment year and select view type .
9. Click at ” View / Download ”
​10 . You will have form 26as on your screen .

FORM 26AS TRACES

How to download Form 26AS in Traces ?

The another way of downloading Form 26AS by going directly to to TDS-CPC website . You may
1. Go to to TDS -CPC Website to view Form 26as
2. In the TDS-CPC Website , agree to usage to proceed
3. If you have not registered with website , you may register by going tax payer and register as New user
4. For registering , you have to fill PAN Number , your name and verification code .
5. Once you login . then go the top and click on ” View / Verify tax credit ”
6. Then click on the relevant assessment year and select view type .
7. Click at ” View / Download ”
​ 8. . You will have form 26as on your screen .

FORM 26AS THROUGH NET BANKING – LIST OF BANKS PROVIDING VIEW 26AS FACILITY

YOU CAN DOWNLOAD FORM 26AS THROUGH NET BANKING : ​
The facility is available to a PAN holder having net banking account with the following banks, provided your PAN Number is registered with the bank and the PAN is mapped to your account account. The facility is available free of cost.
LIST OF BANKS PROVIDING THE FACILITY : 1. Axis Bank 2. Bank of Baroda 3. Bank of India 4. Bank of Maharashtra 5. Canara Bank 6. Citibank N.A. 7. City Union Bank Ltd. 8. ICICI Bank Ltd. 9. IDBI Bank Ltd. 10. Indian Overseas Bank 11. Indian Bank 12. Jammu & Kashmir Bank Ltd. 13. Karnataka Bank Ltd. 14. Kotak Mahindra Bank Ltd. 15. Punjab and Sind Bank 16. State Bank of India ​17. The Federal Bank Ltd. 18. The Karur Vysya Bank Ltd. 19. The Saraswat Co-operative Bank Ltd. 20. UCO Bank 21. Union Bank of India 22. HDFC Bank Limited 23. Central Bank of India 24. Punjab National Bank 25. IndusInd Bank 26. YES Bank Limited. 27. Equitas Small Finance Bank.

USES OF FORM 26AS ISSUED BY INCOME TAX DEPARTEMT :
1. It’s an official document issued by the income tax department of Government of India and hence it’s the official record of all your income and income tax paid during a Financial year .
2. Income tax department uses the form widely for assessing your income and making income tax claims . Hence by going through Form 26as you will understand how the tax is claimed by the income tax .
3. By viewing the Form 26as , you can check whether the tax collected from you by your employer or banker is properly remitted to your account with Income tax department .
4. Income tax department cross-verifies your Income tax returns with the information available in your Fom 26as . If it matches , refunds will be faster . If there is mismatch , you have to correspond with IT Department and you ahve to rectify IT Return submitted by you or approach your employer , banker and others for rectification of the information submitted by them on your account

REASONS FOR ERRORS IN FORM 26AS

The details contained in your Form 26AS can be erroneous for the following reasons :
1. The details in your PAN card may have wrong details like of your name , address , phone number . 2. Your banker or employer or any other TDS collector would have wrongly noted your PAN Number while you they effect transactions .3. Your banker or employer or any other TDS collector would have furnished wrong information or no information on the likes of the amount paid to you or tax collected from you . They would have informed wrong PAN Number while submitting their returns , even though you have informed them of correct number 4. Your banker or employer or any other TDS collector would have mentioned wrong assessment year for a transaction .

HOW TO VERIFY CORRECTNESS OF FORM 26AS ?

Please keep following documents with you to verify Form 26AS :
1.Salary certificate / Form 16 issued by employer in the new format ,
2.Interest certificates issued by your banks for the deposits / education loans and housing loans etc 3. Bank account statements for savings bank accounts etc
4. TDS Certificates from employers / Deposit holders 5. Capital gain certificates / statements from your stock brokers 6. Dividend certificates
7. Details of self assessment tax / advance tax paid by you 8. Any other relevant documents if you have any other income
Then check each entry in Form 26AS with the documents you have and confirm the information matches . If there is any mismatch , you may take up with them for rectification before submitting your returns .