All You Want To Know About Annual Info Assertion (Ais)

By  IST (Printed)


Annual Info Assertion (AIS) accommodates in depth info for a taxpayer displayed in Type 26AS.

An Annual Info Assertion (AIS) is used to keep up particulars of all of the taxpayers for a selected yr. It accommodates all the info concerning taxpayers’ incomes, their monetary transactions, income-tax proceedings, tax particulars, and extra. With the AIS, the federal government maintains each reported worth and modified worth for every kind of data.

Right here’s all that you must know in regards to the AIS.

What Is AIS?

The AIS was launched by the Revenue Tax Division in November 2021. It includes the info of all monetary transactions carried out by a taxpayer in a monetary yr. The AIS is basically a complete assertion containing particulars of 46 monetary transactions, together with earnings, funding, and expenditure. The authorities should add this information within the Type 26AS in a taxpayer’s registered account.

The goals of the AIS are:

  • The AIS will show full info to a taxpayer whereas capturing on-line suggestions.
  • The federal government expects the AIS to advertise voluntary compliance and advance prefilling of the ITR.
  • The AIS will determine non-compliance from the taxpayers and deter it.
  • What kind of data does the AIS show?

    The AIS focuses on Type No. 26AS for info. It might relate to among the following varieties of info:

  • Info of TDS and TCS: , Info worth and Info description of TDS/ TCS are included within the AIS.
  • Specified Monetary Transactions (SFT): The reporting entities underneath SFT, together with SFT code, Info worth and Info description, may be discovered within the AIS.
  • Tax Fee: All Tax fee information, comparable to self-assessment tax and advance tax, can be found within the AIS.
  • Refund and demand: Info concerning refund initiated (AY and quantity) and demand raised and through a monetary yr is supplied within the AIS.
  • Different Info: Info on information about curiosity on refund, buy of international foreign money, Annexure-II wage, and many others are additionally supplied within the AIS.
  • Options of the AIS

    The AIS accommodates new info comparable to curiosity, dividend, securities transactions, mutual fund transactions, international remittance info, and many others.

    A abstract of the AIS info is supplied within the Taxpayer Info Abstract (TIS) for ease of submitting return (pre-filling can be enabled quickly in a phased method).

    The taxpayers shall additionally be capable to submit on-line suggestions on the AIS’s info and obtain info in a number of codecs comparable to PDF, JSON, and CSV.

    Moreover, the AIS Utility will allow taxpayers to view the AIS and add suggestions offline.

    How one can examine your AIS?

    Step 1: Login to the earnings tax e-filing portal at and go to ‘Companies’ after which choose ’Annual Info Assertion’.

    Step 2: Click on on the ‘Proceed’ button and you can be redirected to the compliance portal.

    Step 3: Right here, you possibly can view the Taxpayer Info Abstract (TIS) and the Annual Info Assertion (AIS) on the AIS residence web page.

    Step 4: Choose the related monetary yr, and think about the Taxpayer Info Abstract (TIS) or the Annual Info Assertion (AIS) by clicking on the related tiles.

    Step 5: You possibly can view the screenshot of the TIS abstract or obtain the AIS and the TIS by clicking on the obtain icon. The TIS may be downloaded in PDF format whereas the AIS may be downloaded in PDF, CSV or JSON codecs

    The PDF file is password protected. The password is a mixture of the PAN (in higher case) and the date of delivery for particular person taxpayer or date of incorporation/formation for a non-individual taxpayer within the format DDMMYYYY (no house).


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