Find
AIS (Annual Information Statement) is what the government already knows about your income. Any mismatch between AIS and your ITR triggers a Sec 270(1), Income-tax Act 2025 (old Sec 143(1)) notice automatically.
Income Tax: ITR filing + TDS · ITR Filing
AIS Reconciliation Before Filing
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Provisions
Sec 510 (old 285BB); Rule 114-I; Sec 270(1) (old 143(1)); Sec 439 (old 270A)
Analysis
What AIS shows (50+ types): Salary TDS (employer reported), FD/savings interest (bank reported), MF redemptions (CAMS/registrar reported), property transactions (registrar reported), dividend income (company reported), share transactions (SEBI/exchanges reported), foreign remittances (bank reported). How to access AIS: incometax.gov.in → Services → Annual Information Statement (AIS) → Download AIS. Also available as PDF and JSON. Two views: Taxpayer Information Summary (TIS), consolidated; AIS, detailed per transaction. AIS feedback mechanism: If a transaction in AIS is incorrect (e.g. bank reported wrong amount, MF company reported your brother's transaction), submit feedback: "Incorrect information" or "Income not pertaining to me". Feedback reduces AIS figure for that item. TIS vs AIS: TIS shows consolidated income by category (salary, interest, dividends). Use TIS to fill ITR.
Close
- Download AIS from IT portal (available from May for previous FY)
- Download TIS, compare each category with your own records
- Category 1, Salary: Matches Form 130 (old Form 16)? If multiple employers, sum of all Form 16s must match AIS salary figure
- Category 2, Interest: Bank FD interest + savings interest. Cross-check bank certificates
- Category 3, Dividend: Check all MF dividend + stock dividends. Often forgotten
- Category 4, MF redemptions: Every SIP stopped, switch, partial withdrawal = a redemption in AIS
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