Annual Information Statement

The AIS offers a detailed snapshot of your financial transactions—here’s how to use it to file your return correctly.

Income-Tax Filing: What is AIS and how it helps in filing returns

The Annual Information Statement is a critical document that provides a complete overview of an individual’s transactions during a financial year. It helps in identifying discrepancies in income or deductions, allowing taxpayers to rectify them before filing their income tax returns.

Explained: New annual information statement (AIS) of the income tax department

For individual non audit assessees, December 31, 2021 is the due date to file tax returns. But before you file your returns, make sure you cross verify the details with annual information statement (AIS). Individuals who have already filed the tax return, may re-look at AIS to check if any revision is required in the tax returns already submitted. Here’s why