What Is The Annual Information Statement

Details that can be seen on your AIS

• Salary paid to you
• Dividend received
• Interest from the savings account, recurring deposits, FDs, debentures, etc
• Interest from Income tax refund
• Sale and purchase of equity shares, bonds, mutual funds, etc.
• The statement also contains information related to Tax Deducted at Source, Tax Collected at Source, and any tax demand or refund.

Important Features of AIS

• Ability to give feedback if any errors are found in the statement by online or offline methods.
• Check if the transactions from your broker match your records.
• Get information regarding refunds and demands of income tax

How do you Access your Annual Information Statement?

The AIS can be accessed from the Income-tax e-filing portal and following the steps below

• Login in to the e-filing website with your credentials
• Navigate to the services tab and click the Annual Information Statement (AIS).
• Click Proceed on the pop-up that appears, you will be directed to another website.
• On the webpage that opens up, you have options to see the TaxPayer information Summary that shows a summary of all the transactions that you have carried out under various heads as mentioned above.
• The AIS tab gives you details of all individual financial transactions.
• You could see that all financial transactions done by you are reported on through the AIS, so there are no chances of you evading taxes.

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