Definition
Annual Information Statement (AIS)
The AIS is a comprehensive statement of a taxpayer's financial transactions reported to the tax department, used to help file accurate returns.
The Annual Information Statement (AIS) goes beyond Form 26AS by capturing a wide range of transactions — interest, dividends, securities and mutual-fund trades, property deals, foreign remittances and more — reported by banks, registrars and other entities. A condensed version called the TIS (Taxpayer Information Summary) presents the same data in aggregated, ready-to-use figures.
You can review each entry in the AIS and submit feedback if something is wrong or duplicated. Reconciling your return with the AIS reduces the chance of a mismatch notice.
Because the department increasingly cross-checks returns against AIS data, it has become a key starting point for accurate filing, especially for investors and people with multiple income sources.
Related terms
- Form 16Form 16 is the certificate your employer gives you summarising your salary and the tax deducted at source during the year.
- Form 26ASForm 26AS is a consolidated annual tax statement showing all tax deducted, collected and paid against your PAN.
- ITR (Income Tax Return) TypesITR forms are different return formats (ITR-1 to ITR-7) prescribed for different categories of taxpayers and income sources.
Plain-English explainer from The Dispatch Investors Encyclopedia. General information, not financial advice.