Annual Information Statement (AIS) — Income Tax Guide FY 2025-26

Updated: 3 June 2026 · Income-tax Act 2025 · FY 2025-26 / AY 2026-27

The Annual Information Statement (AIS) is a comprehensive 360-degree financial profile issued by the Income Tax Department for every PAN holder. It aggregates data from 20+ reporting entities — banks, stock exchanges, mutual funds, registrars, GST authorities — and is available on the e-filing portal at incometax.gov.in. AIS is more detailed than Form 26AS and directly feeds ITR pre-filling.

20+ Sources

AIS collects data from banks, stock exchanges, CDSL/NSDL, MF registrars, sub-registrars, insurance companies, GST portal, customs, and crypto exchanges — all consolidated under your PAN for cross-verification with your ITR.

What is AIS and Why Was It Introduced?

The Annual Information Statement was launched in November 2021, replacing the older Form 26AS as the primary financial summary for taxpayers. Before AIS, Form 26AS only showed TDS/TCS data. AIS goes far beyond — it aggregates data submitted by SFT (Statement of Financial Transactions) filers and other reporting entities to give the Income Tax Department a complete picture of every taxpayer's financial activity in a year.

The primary goal: reduce income underreporting. With AIS, the ITD knows about your FD interest, share transactions, property purchases, and foreign remittances even if you don't declare them. Discrepancies between AIS and your ITR trigger automated notices under Section 143(1)(a).

How to Access AIS — Step-by-Step

To view your AIS for any financial year:

Log in to incometax.gov.in with your PAN and password
Go to Services → Annual Information Statement (AIS)
Click Proceed — you are redirected to the AIS portal (ais.incometax.gov.in)
Select the relevant financial year
Download Part A (general info: PAN, address, Aadhaar linking status) and Part B (financial transactions: salary, interest, dividends, capital gains, property, GST, etc.)
The downloaded PDF is password-protected: use PAN (lowercase) + date of birth in DDMMYYYY format (e.g., abcde1234f15081985)

What AIS Shows — All Data Categories

Data Category	Source / Reporter	What It Includes
Salary	Employer (TDS return)	Salary paid, TDS deducted as per Form 16
Interest — savings account	Banks/post office	Interest credited on savings accounts
Interest — deposits (FD/RD)	Banks, NBFCs, co-op societies	Interest paid on fixed and recurring deposits
Dividend income	Companies, MF houses via registrar	Dividends paid on equity shares and MF units
Securities transactions	Stock exchanges (NSE/BSE)	Purchase/sale of listed equity shares, bonds
Mutual fund transactions	CAMS, KFintech (MF registrars)	MF unit purchases, redemptions, SIP instalments
Property transactions	Sub-registrars	Immovable property purchases above ₹30 lakh
Rent received	Tenants deducting TDS (194-I)	Rental income reported via TDS return
GST turnover	GSTN	Turnover declared in GSTR-3B/GSTR-1
Foreign remittances	Authorised dealer banks	Foreign inward/outward remittances (Form 15CA/CB)
Advance tax / self-assessment tax	Bank (challan data)	All tax payments made during the year
Virtual digital assets (crypto)	Crypto exchanges (from FY 2022-23)	Buy/sell of crypto, P2P trades

AIS vs Form 26AS — Key Differences

Feature	Form 26AS	AIS (Annual Information Statement)
TDS / TCS credits	Yes (primary purpose)	Yes (included)
Advance tax paid	Yes	Yes
FD / savings interest	Only if TDS deducted	All interest, even if no TDS
Dividends	Only TDS on dividends	All dividend payments
Share / MF transactions	No	Yes — all buy/sell data
Property purchases	TDS by buyer only	Full property transaction value from registrar
GST turnover	No	Yes
Crypto transactions	No	Yes (from FY 2022-23)
Primary use	TDS credit verification	Full income cross-check & ITR pre-filling

TIS — Taxpayer Information Summary Explained

TIS (Taxpayer Information Summary) is a simplified, category-wise aggregation of AIS data. Where AIS shows 50 individual FD interest transactions across 8 banks, TIS shows one line: "Interest — deposits: ₹X." TIS has two values:

Processed value: raw data as reported by SFT filers, before your feedback
Derived value: updated after incorporating your feedback — this is used for ITR pre-filling

Always check TIS before filing — if the derived value matches your actual income, the pre-filled ITR will be accurate.

How to Correct Errors in AIS

If AIS shows incorrect, duplicate, or misattributed data, submit feedback directly on the AIS portal. Steps:

Open the specific transaction in AIS Part B
Click "Optional — provide feedback"
Select the correct feedback type:
- Information is correct
- Information is not fully correct — enter the correct value
- Information relates to other PAN / year
- Information is duplicate / included in other information
- Information is denied — transaction did not happen
Submit; the reporting entity is notified and can correct their SFT filing

Important: submitting feedback does not automatically change your AIS immediately. The reporter must acknowledge and revise. Meanwhile, always file your ITR declaring your actual correct income — do not skip reporting income just because AIS has an error.

AIS and Scrutiny Notices — What to Watch For

The tax department's Compliance Management System automatically compares AIS data with your filed ITR. If AIS shows ₹80,000 in FD interest but your ITR shows ₹0 under "Interest income," an automated mismatch notice under Section 143(1)(a) is likely. Common triggers:

Interest income from savings/FDs not reported
Dividend income not reported (DDT abolished from FY 2020-21)
High-value share/MF redemptions not matched with capital gains declared
GST turnover much higher than income declared in ITR
Large cash deposits (SFT threshold: ₹10L in savings, ₹50L in current/CC accounts)

Frequently Asked Questions

What is the difference between AIS and Form 26AS?

Form 26AS primarily shows TDS deducted by employers/banks, TCS collected, advance tax paid, self-assessment tax, and refunds. The Annual Information Statement (AIS) is far more comprehensive — it includes everything in 26AS plus: savings/FD interest, dividends from shares and mutual funds, securities transactions (share purchases/sales, MF units), property registrations, foreign remittances, GST turnover, rent received, and interest on income tax refund. AIS aggregates data from SFT (Statement of Financial Transactions) filers such as banks, stock exchanges, mutual funds, and registrars. For ITR filing, AIS should be your primary cross-check tool.

Who files SFT (Statement of Financial Transactions) that appears in AIS?

SFT filers include: banks (interest paid on deposits, cash deposits/withdrawals above thresholds), stock exchanges (securities transactions), depositories (CDSL, NSDL — demat transactions), mutual fund registrars (MF purchase/redemption), sub-registrars (property purchases above ₹30 lakh), NBFC companies (deposits), insurance companies (premiums above ₹50,000), and GST authorities (GST turnover). From FY 2022-23, crypto exchanges are also required to report VDA transactions. Each filer submits data to ITD, which aggregates it into AIS for each PAN.

What should I do if my AIS shows income I did not earn?

If AIS shows incorrect data — for example, interest income attributed to your PAN that belongs to someone else, or a property transaction that is not yours — you should: (1) Open the specific transaction in the AIS portal (incometax.gov.in → Services → AIS); (2) Click "Optional — provide feedback" against that transaction; (3) Select the appropriate reason: "Information is not fully correct", "Information relates to other PAN", "Information is duplicate/included in other information", or "Information is denied"; (4) Provide a brief explanation and submit. The reporting entity will be notified. Always file your ITR declaring your actual correct income, and submit AIS feedback simultaneously — do not simply ignore the discrepancy.

How does AIS affect ITR pre-filling?

The Income Tax Department uses AIS data to pre-fill ITR forms. When you open an ITR on the e-filing portal, much of the data (salary, interest, dividends, capital gains from shares/MF) is auto-populated from AIS/TIS data. This pre-filling is meant to simplify filing but can carry errors if SFT reporters submitted wrong data. Always verify pre-filled data against your actual bank statements, Form 16, broker statements, and MF CAS before confirming. If you file ITR with income that contradicts AIS without providing explanation, the system may trigger a mismatch notice (Section 143(1)(a)).

What is TIS (Taxpayer Information Summary) and how is it different from AIS?

TIS is the Taxpayer Information Summary — a simplified, aggregated view of the data in AIS. While AIS shows each individual transaction (e.g., every FD interest credit from every bank), TIS shows the aggregate per income category (e.g., total interest income from all sources). TIS has two values: "Processed value" (computed by ITD from reported SFT data) and "Derived value" (after incorporating taxpayer feedback). TIS is what gets used for ITR pre-filling. If AIS has dozens of individual entries, TIS gives you one consolidated number per category — making it easier to verify before filing.

AIS — How to View & Download AIS vs Form 26AS AIS-TIS Reconciliation File ITR Online Section 143(1) Notices Advance Tax Due Dates

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