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AIS (Annual Information Statement) is a comprehensive financial report introduced by the Income Tax Department that captures all high-value financial transactions linked to your PAN. Directorate of Income Tax (Systems) has released Handbook on Annual Information Statement (AIS). This will explain How the new Form 26AS (Annual Information Statement or AIS) will provide a complete profile of the taxpayer for a particular year. Part A of the new Form 26A will contain Permanent Account Number, Aadhaar Number, Name, Date of Birth/ Incorporation/ Formation, Mobile No., Email Address, Address and Part B of new Form 26A will contain Information relating to tax deducted or ... Annual Information Statement (AIS) is a statement that provides complete information about a taxpayer for a particular financial year. It contains information about taxpayers' incomes, financial transactions, tax details, etc. A taxpayer can access AIS information and submit his response (if needed) by logging into his income-tax e-filing account. What does AIS mean? Annual Information Statement (AIS) is a comprehensive view of information for a taxpayer displayed in Form 26AS. AIS contains all the data regarding taxpayers’ incomes, and tax details. In addition to information relating to Tax Deducted at Source (TDS), Tax Collected at Source (TCS) & taxes paid, the AIS includes information relating to interest, dividends, transactions of securities/immovable properties, mutual fund transactions, foreign remittances, and so on. Note ...
