Answer

1. F

   Facts

   AIS is the government's mirror of your financial life. Every bank, mutual fund, registrar, stock exchange, and institution reports transactions to the IT department. This is what triggers automatic Sec 270(1), Income-tax Act 2025 (old Sec 143(1)) demands. Understanding AIS is the single most important step before filing ITR.

2. P

   Provisions and law

   • Sec 510 (old 285BB)
   • Rule 114-I
   • Sec 259 (old 133C)
   • Sec 285BA
3. A

   Analysis

   All major AIS categories (50+): (1) Salary (from employers). (2) Rent received (from tenants). (3) Dividends (from companies). (4) Interest from savings account. (5) Interest from deposits. (6) Interest from bonds. (7) Interest from income tax refund. (8) Rent on plant and machinery. (9) Winnings from lotteries. (10) Winnings from horse races. (11) Insurance commission. (12) Receipt of accumulated PF. (13) Contribution to PF. (14) Salary from the government. (15) Sale of securities/units. (16) Sale of immovable property. (17) Purchase of immovable property. (18) Sale of vehicles. (19) Purchase of securities. (20) Cash deposits in savings accounts. (21) Cash withdrawals from accounts. (22) Purchase of foreign exchange. (23) Credit card payments. (24) Payment of insurance premium. (25) Purchase of bank draft. (26) SFT transactions (property, MF, equity above thresholds).

4. C

   Conclusion

   1. 1Log in to incometax.gov.in → Services → Annual Information Statement
   2. 2Download AIS in PDF (for reading) and JSON (for software import)
   3. 3Also download TIS, the consolidated summary you will use to fill ITR
   4. 4Check Category 1: Salary, matches sum of all Form 130 (old Form 16) Part A?
   5. 5Check Category 4+5: Interest, FD interest + savings interest. Cross-check bank certificates
   6. 6Check Category 3: Dividends, from MF distributions + company dividends (easily forgotten)

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.