New Revenue Tax Portal: What’s AIS and know methods to obtain it

New Revenue Tax Portal: What’s AIS and know methods to obtain it&nbsp | &nbspPhoto Credit score:&nbspBCCL

New Delhi: The Revenue Tax Division has introduced that taxpayers can now entry the brand new Annual Data Assertion (AIS) via the e-Submitting portal.

In a Tweet, the division has clarified that “Take a look at the brand new Annual Data Assertion(AIS). Offers a complete view of the data out there with ITD about taxpayers. Click on on hyperlink ‘AIS’ below ‘Providers’ tab on to entry.”

The brand new AIS contains extra data associated to curiosity, dividend, securities transactions, mutual fund transactions, and international remittance data.

The AIS is a complete assertion containing particulars of all of the monetary transactions undertaken by you in a monetary yr (FY), i.e., it incorporates the data which might be specified below the Revenue-tax Act, 1961.

The AIS incorporates data associated to revenue earned from numerous sources resembling wage, dividend, curiosity from a financial savings account, recurring deposits, sale and buy of fairness shares, bonds, mutual funds, and so forth. The assertion additionally incorporates data associated to TDS, TCS, and any tax demand or refund.

Right here is how one can obtain AIS from the e-filing web site

  1. Taxpayers can go to the e-filing portal ( and log in utilizing their PAN, Aadhaar, or Consumer ID.
  2. Now head to the ‘Providers’ part and click on on ‘Annual Data Assertion (AIS)’.
  3. To obtain the AIS assertion in PDF format, choose both the PDF or JSON possibility and click on ‘Obtain.’
  4. Now open the PDF format of AIS and enter your PAN and date of beginning as password with a view to entry it.

Data in AIS

AIS is split into two components: Half A and Half B. Half A incorporates basic data resembling PAN, masked Aadhaar quantity, title of taxpayer, date of beginning, and so forth. Half B incorporates complete data on TDS, TCS, Specified monetary transactions, cost of taxes, tax demand and refund, and different data.

Test for any errors

The revenue tax division in its press launch dated November 1, 2021, has requested the taxpayers to test the data out there within the AIS. If there’s a mismatch within the data, then taxpayers ought to inform the identical to the revenue tax division. If the mismatch shouldn’t be knowledgeable to the tax division, then it might be assumed that the data mirrored in AIS is right and the revenue tax division could ask you to elucidate the mismatch between the revenue tax return filed by you and the data within the AIS.


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