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GlossaryTDSWhat is Annual Information Statement (AIS)?
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What is Annual Information Statement (AIS)?

The Annual Information Statement (AIS) is a comprehensive statement of a taxpayer's financial transactions reported to the income-tax department.

Bare Law Reference: Section 285BB, Income-tax Act.

Detailed Explanation

How it works

It captures interest, dividends, securities and mutual-fund transactions, property dealings and more, with a feedback mechanism for incorrect entries, and is wider than Form 26AS.

Frequently asked questions

What is the AIS?

A comprehensive record of a taxpayer's financial transactions, wider than Form 26AS.

Can I correct the AIS?

Yes, by submitting feedback on incorrect entries, which flows into the TIS.

This content is for general guidance only and does not constitute professional advice. Tax law changes frequently — verify the current position and consult a qualified Chartered Accountant before acting. Last reviewed: June 2026.

Key Takeaways

  • AIS is a comprehensive transaction statement.
  • Wider than Form 26AS.
  • Submit feedback on wrong entries.
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