[FAQs] Annual Information Statement (AIS)

The Government has enlarged the scope of Form 26AS to cover information regarding various transactions made by a person during the year. The CBDT[1] has omitted Rule 31AB, and a new Rule 114-I has been inserted to provide that the authorities will upload the Annual Information Statement (AIS) in Form No. 26AS in the registered account of the assessee. Such form shall consist of the following information:

• Information relating to TDS and TCS;
• Information relating to Specified Financial Transactions (SFT);
• Information relating to the payment of taxes;
• Information relating to demand and refund;
• Information relating to pending proceedings;
• Information relating to completed proceedings; and
• Information received from any officer, authority, or body performing any functions under any law or information received under an agreement referred under section 90 or section 90A or information received from any other person to the extent it may be deemed fit in the interest of the revenue.

All such relevant information available in AIS shall be automatically pre-filled in the relevant ITR Form.

An assessee can access AIS information by logging into his income-tax e-filing account. If he feels that the information furnished in AIS is incorrect, duplicate, or relates to any other person etc., he can submit his feedback thereon.

An assessee can access and respond to AIS information from the income-tax e-filing portal. Alternatively, he can also use an offline utility.

The followings are the steps to access the AIS information online:

Step 1: Log in to the Income-tax e-filing website at https://www.incometax.gov.in/

If you are a new user, you will be required to first register on the e-filing portal.

Step 2:  After login, click on Services > Annual Information Statement (AIS)

Step 3:  A message shall appear that will prompt you to click on ‘proceed’ to redirect to AIS homepage.

Step 4: The next screen provides the instructions relating to the Annual Information Statement (AIS) and Taxpayer Information Summary (TIS). TIS displays the information available in AIS category-wise. It shows the original and revised values (i.e., value processed after the taxpayer’s feedback). The revised values in TIS are used for pre-filling of return.

Step 5: Click on the next tab of ‘AIS’. On the redirected screen, two tiles appear – Taxpayer Information Summary (TIS) and Annual Information Statement (AIS). Select the relevant financial year from the drop-down and click on AIS tile to view the information.

Step 6: On the next screen, the information available in AIS is displayed in Part A and Part B.

Part A contains the general information about a taxpayer (i.e., PAN, Aadhaar, Name, Date of Birth, Mobile Number, E-mail Id, and Address).

Part B contains the comprehensive information of a taxpayer for the selected financial year as uploaded by the prescribed income-tax authority. The information in Part B is divided into the following categories:

• TDS/TCS Information;
• SFT Information;
• Payment of Taxes;
• Demand and Refund; and
• Other Information.

Step 7: The information available in AIS can be downloaded in CSV, JSON, or PDF format. The user will have to download the transactions in CSV format for every category of transaction separately. In contrast, the entire AIS can be downloaded only in PDF or JSON.

If you select the PDF format, the downloaded PDF will be password protected. To open the file, you will need to enter the combination of the PAN (in lower case) and the date of birth in case of an individual taxpayer or the date of incorporation/formation for the non-individual taxpayer in the format DDMMYYYY without any space.

For example, if the PAN is AAAAA1234A and the date of birth is 21st January 1991, then your password will be aaaaa1234a21011991

If a taxpayer feels that the information furnished in AIS is incorrect, duplicate, or relates to any other person, etc., he can submit his feedback thereon. Response to AIS information can be made online directly from the income-tax e-filing portal or offline utility.

Step 1: Visit the Income-tax e-filing portal and access AIS information.

Step 2: On accessing AIS, the assessee will find the comprehensive information for the selected financial year under Part B in the following tabs:

• TDS/TCS Information;
• SFT Information;
• Payment of Taxes;
• Demand and Refund;
• Other Information.

Step 3: Click on the relevant tab to view the source-wise information.

Step 4: Click on the left-hand icon to expand the source-wise information to view transaction-level information.

Step 5: Click on the “Optional” tab in the feedback column to provide and submit feedback on concerned transaction. An assessee can also submit feedback on multiple transactions in bulk.

An assessee can choose the following types of feedback:

• Information is correct
• Information is not fully correct
• Information relates to other PAN/Year
• Information is duplicate/included in other information
• Information is denied
• Customized Feedback. This is based on information category. If the transaction relates to an income, then an additional option “Income is not taxable” shall appear in the feedback options drop-down list.

Step 6: Once the feedback is submitted, a success message shall appear indicating that the Taxpayer Information Summary (TIS)[2] will accordingly be updated. Further, the feedback may be shared with an information source for comments/responses. The assessee can download the acknowledgment receipt from the activity history.