Tax · Annual Information Statement

AIS + TIS

AIS (Annual Information Statement) — launched Nov 2021 — is the Income Tax Department's most comprehensive view of your financial activity in a FY. Pulls from 50+ data sources (banks, brokers, MFs, AMCs, sub-registrars, foreign exchange, credit cards, etc.). TIS (Taxpayer Information Summary) is the summarised view used to pre-fill your ITR. Together they're replacing Form 26AS as the canonical source — AY 2024-25 onwards, ITD treats AIS as primary. Mandatory pre-filing check; mismatches trigger Sec 143(1) intimations.

ShivpriyaShivpriya·Editor·Updated May 18, 2026·Fact-checked

Who needs this

Every taxpayer filing ITR. AIS catches under-reported income better than any other system — if you forgot to report ₹50K of dividend or ₹20K savings-account interest, AIS knows. Verify AIS BEFORE filing; raise objections on incorrect entries (e.g., mutual fund AMC reported wrong PAN, bank reported gross interest instead of net of TDS). Heavy users: anyone with investment portfolios, multiple bank accounts, property sales/purchases, foreign remittances under LRS.

Key dates

  • AIS launch dateNov 2021
  • AIS first AY coveredAY 2020-21
  • AIS feedback turnaround (reporting entity)30 days
  • AIS pre-fill availability for current AYTypically Jun-Jul

Key decisions

  1. Q1

    How do I access AIS and TIS?

    Login at incometax.gov.in → 'Services' menu → 'Annual Information Statement (AIS)' → opens the AIS portal in a new tab. Select AY → download AIS (huge PDF, 50-200 pages typical) + TIS (compact summary, 5-10 pages). Both have a 'Feedback' button next to every line item — use this to dispute incorrect entries. AIS portal is separate from TRACES (which serves 26AS) — uses different backend even though both render under incometax.gov.in. AIS data goes back to AY 2020-21.

  2. Q2

    What's the difference between AIS and TIS?

    AIS = raw data dump of EVERY reported transaction. 50+ source types: salary, dividends, interest from savings/FD/RD/bonds, MF purchases/redemptions, stock trading (per share, per date), property registrations, GST returns, foreign remittances, large cash deposits, credit card spends > thresholds, etc. Comprehensive but overwhelming. TIS = summarised + categorised view designed for ITR pre-fill. Shows totals by income category (salary / business / capital gains / other sources) with a 'Processed Value' field that ITR pre-fill uses. TIS removes duplicates that AIS sometimes shows. Verify both — but TIS is the practical filing input.

  3. Q3

    Found an incorrect entry in AIS — how to dispute?

    Click 'Feedback' on the offending line → choose feedback type (Information is incorrect / Duplicate / Already in ITR / Information is denied / Income is not taxable / Income relates to other PAN). Add justification + supporting document (optional). Submit. The reporting entity (bank / MF / sub-registrar) gets notified and must respond within 30 days. If they accept: AIS auto-updates within 7-14 days. If they reject: AIS shows both your feedback + their response — you decide whether to dispute further or accept the original entry. Importantly: do NOT let an incorrect AIS entry stop you from filing ITR — file with your believed-correct values + the AIS feedback record acts as your audit trail.

  4. Q4

    AIS vs Form 26AS — which is canonical now?

    AIS as of Nov 2021 launch. AY 2024-25 onwards, ITD officially treats AIS as primary. Form 26AS still exists (legacy, still updated) but its scope is narrower — TDS/TCS + SFT only. AIS covers everything 26AS does PLUS savings-account interest, MF transactions, security trading, foreign remittance, depository transactions. Practical advice: download both, but verify AIS for filing. If they differ (rare but happens), AIS is closer to the truth — ITD's pre-fill engine sources from AIS.

  5. Q5

    Where does AIS data come from?

    50+ source types reported under SFT (Statement of Financial Transactions) framework + various sections of IT Act + GST + RBI. Top reporters: (a) BANKS — savings/current/FD/RD interest, large deposits, credit card spends > ₹1L cash / ₹10L digital; (b) STOCK BROKERS + DEPOSITORIES (NSDL/CDSL) — every share trade, dividend received, IPO subscription; (c) MUTUAL FUND AMCs — every purchase / redemption / SIP / SWP transaction; (d) SUB-REGISTRARS — every property registration > ₹30L; (e) RBI — foreign remittances under LRS scheme > ₹10L cumulative; (f) BSE/NSE — STT-paid trades; (g) PROPERTY BUYERS via 194-IA — your sale data when someone bought from you. Each source has a code in AIS — useful for tracing back if an entry looks wrong.

  6. Q6

    When does ITR pre-fill use AIS data?

    ITR forms 1/2/3/4 on incometax.gov.in auto-fill from AIS/TIS the moment you start filing. As of AY 2024-25: salary, interest, dividend, capital gains (broker-reported), MF redemption gains, foreign income (where reported), TDS/TCS all pre-fill. You can edit any pre-filled value — but if your edit creates an inconsistency with AIS, ITR shows a warning. Always verify pre-fills against your own records — banks sometimes report wrong interest figures (pre-tax instead of net, or for joint accounts allocate to wrong holder). Pre-fill is a starting point, not a final answer.

CBDT rules + tax-act references

  • Notification 30/2020: AIS framework introduced under Section 285BA + Rule 114E.
  • AIS launched on the Compliance Portal of incometax.gov.in, Nov 2021.
  • Section 285BA: 50+ specified reporting entities mandated to file SFT annually by May 31.
  • AIS feedback: deductee can raise objection; reporting entity has 30 days to respond.
  • AY 2024-25: AIS treated as primary statement for ITR pre-fill (TIS is the summarised view).
  • Schedule VII to IT Act: list of high-value transactions requiring SFT reporting.

Read these next

Calculators

Income tax calculatorCapital gains taxOld vs new regime
Back to →

All tax topics

Recommended →

Old vs New tax regime calculator

No paid rankings
Methodology disclosed
SEBI-compliant
228+ researched articles