{"id":24223,"date":"2023-03-13T18:48:33","date_gmt":"2023-03-13T13:18:33","guid":{"rendered":"https:\/\/carajput.com\/blog\/?p=24223"},"modified":"2024-04-28T22:53:12","modified_gmt":"2024-04-28T17:23:12","slug":"ais","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/ais\/","title":{"rendered":"Overview on AIS &#038; Statement Form No. 26AS"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69d0a55e51eca\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d0a55e51eca\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/ais\/#Overview_on_AIS_Annual_Information_Statement_earlier_Form_No_26AS\" title=\"Overview on AIS (Annual Information Statement) (earlier Form No. 26AS)\">Overview on AIS (Annual Information Statement) (earlier Form No. 26AS)<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/ais\/#What_is_AIS_Annual_Information_Statement\" title=\"What is AIS (Annual Information Statement)?\">What is AIS (Annual Information Statement)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/ais\/#Had_Income_tax_statement_Form_No_26AS_been_Stopped_NOS\" title=\"Had Income tax statement Form No. 26AS been Stopped NOS?\">Had Income tax statement Form No. 26AS been Stopped NOS?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/ais\/#How_to_access_Annual_Information_Statement_AIS\" title=\"How to access Annual Information Statement (AIS)?\">How to access Annual Information Statement (AIS)?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/ais\/#50_ITR_Reporting_by_Annual_Information_Statement\" title=\"50 ITR Reporting by Annual Information Statement\">50 ITR Reporting by Annual Information Statement<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/carajput.com\/blog\/ais\/#Tax_Dept_started_mobile_Application_for_Assesses_to_provide_TDS_and_AIS\" title=\"Tax Dept started mobile Application for Assesses to provide TDS and\u00a0AIS\">Tax Dept started mobile Application for Assesses to provide TDS and\u00a0AIS<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/carajput.com\/blog\/ais\/#Information_covered_in_Income_Tax_AIS\" title=\"Information covered in Income Tax AIS\">Information covered in Income Tax AIS<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/carajput.com\/blog\/ais\/#What_is_to_do_when_TDS_26AS_mismatch_in_our_income_received_demand_notice_from_income_tax\" title=\"What is to do when TDS 26AS mismatch in our income. &amp; received demand notice from income tax ?\">What is to do when TDS 26AS mismatch in our income. &amp; received demand notice from income tax ?<\/a><\/li><\/ul><\/nav><\/div>\n<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-24225\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/AIS-Annual-Information-Statement.png\" alt=\"AIS (Annual Information Statement)\" width=\"954\" height=\"362\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/AIS-Annual-Information-Statement.png 954w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/AIS-Annual-Information-Statement-300x114.png 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/AIS-Annual-Information-Statement-768x291.png 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/AIS-Annual-Information-Statement-800x304.png 800w\" sizes=\"(max-width: 954px) 100vw, 954px\" \/><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"Overview_on_AIS_Annual_Information_Statement_earlier_Form_No_26AS\"><\/span><span style=\"color: #000080;\">Overview on AIS (Annual Information Statement) (earlier Form No. 26AS)<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Tax Dept has issue a new statement which call Annual Information Statement(AIS)<\/li>\n<li>It is earlier known as Form No. 26AS.<\/li>\n<li>Originally, the detail of TDS, TCS &amp; Advance Tax are contained by Form No. 26AS.<\/li>\n<li>But, Scope has been relevance subsequently to disclose details &amp; information more than tax &amp; so nomenclature has been changed into \u201cAnnual Information statement (AIS)\u201d.<\/li>\n<li>This Post are specially designed for give the information about your financial transactions during the Year as reflected in Annual Information statement. Let`s have an attempt to learn step wise about Annual Information Statement:<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-25187\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/AS-26-.-.jpg\" alt=\"AS 26 and AIS \" width=\"1063\" height=\"983\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/AS-26-.-.jpg 1063w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/AS-26-.--300x277.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/AS-26-.--1024x947.jpg 1024w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/AS-26-.--768x710.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/AS-26-.--800x740.jpg 800w\" sizes=\"(max-width: 1063px) 100vw, 1063px\" \/><\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_AIS_Annual_Information_Statement\"><\/span><span style=\"color: #000080;\"><strong>What is AIS (Annual Information Statement)?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>As we know, income tax tries to give Income tax statement in Form No. 26AS. Annual Information Statement is a much detailed one with more details included- ex: All mutual fund transactions &amp; Saving account Interest during the year etc. Now, Annual Information Statement will be captured all the PY Financial transactions of the in the respect of below transactions:<\/p>\n<ul>\n<li>Shares<\/li>\n<li>Salary or Business income<\/li>\n<li>Interest on SB A\/c and Deposits.<\/li>\n<li>Mutual Funds<\/li>\n<li>Dividends<\/li>\n<li>Stocks<\/li>\n<li>Purchase of property<\/li>\n<li>Credit Cards<\/li>\n<li>Insurance<\/li>\n<\/ul>\n<p>Aforesaid list is just an indicative list of transactions. It is Income taxpayer overall financial profile &amp; will getting fine-tuned to include more class of transactions.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-24228\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/1.jpg\" alt=\"AIS\" width=\"825\" height=\"1039\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/1.jpg 601w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/1-238x300.jpg 238w\" sizes=\"(max-width: 825px) 100vw, 825px\" \/><\/p>\n<h3><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-24230\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/2.jpg\" alt=\"AIS 2\" width=\"829\" height=\"1115\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/2.jpg 601w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/2-223x300.jpg 223w\" sizes=\"(max-width: 829px) 100vw, 829px\" \/><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"Had_Income_tax_statement_Form_No_26AS_been_Stopped_NOS\"><\/span><span style=\"color: #000080;\"><strong>Had Income tax statement Form No. 26AS been Stopped NOS?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"padding-left: 40px;\">a) Now one person\/ Income taxpayer can get both Income tax statement 26AS as well as Annual Information Statement (AIS).<\/p>\n<p style=\"padding-left: 40px;\">b) Both Income tax statement 26AS as well as Annual Information Statement (AIS) put together, Income Tax department knows all your financial transactions.<\/p>\n<p style=\"padding-left: 40px;\">c) It\u2019s good to found it very simple &amp; easy to be known and submitted information or details for your Tax Return under income tax Act<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_to_access_Annual_Information_Statement_AIS\"><\/span><span style=\"color: #000080;\"><strong>How to access Annual Information Statement (AIS)?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Now Here is a simple guide for accessing stepwise under the Annual Information Statement<strong>:<\/strong><\/p>\n<p style=\"padding-left: 40px;\">a) Initially Login to your Income Tax Account at https:\/\/incometax.gov.in<\/p>\n<p style=\"padding-left: 40px;\">b) Next we needed to Go to Services Tab<\/p>\n<p style=\"padding-left: 40px;\">c) Last option in this tab is the Annual Information Statement It will open a new tab with below 2 Options:<\/p>\n<p style=\"padding-left: 40px;\">a) Left side \u2013 Tax Information Summary (TIS)<\/p>\n<p style=\"padding-left: 40px;\">b) Right side \u2013 Annual Information Statement<\/p>\n<p style=\"padding-left: 40px;\">Both are the same. Tax Information Summary is a brief, However Annual Information Statement is the detailed information statement. You can download TIS &amp; AIS (both). When you download you get a pdf statement (There is a jpeg option also, but let\u2019s stick to PDF now).<\/p>\n<p style=\"padding-left: 40px;\">PDF will be protected through password. Password is ur Permanent Account No (in CAPITAL) + Date of Birth (DDMMYYYY)<\/p>\n<p style=\"padding-left: 40px;\">For example, your Permanent Account Number is ABCDE1234K and date of birth is 12122001 then password would be\u00a0 ABCDE1234K12122001<\/p>\n<p style=\"padding-left: 40px;\">Password: aanpj1234k121001<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-25185\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/ais-TIS-26AS-.jpg\" alt=\"AIS TIS &amp; 26AS\" width=\"1034\" height=\"952\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/ais-TIS-26AS-.jpg 1034w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/ais-TIS-26AS--300x276.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/ais-TIS-26AS--1024x943.jpg 1024w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/ais-TIS-26AS--768x707.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/ais-TIS-26AS--800x737.jpg 800w\" sizes=\"(max-width: 1034px) 100vw, 1034px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"50_ITR_Reporting_by_Annual_Information_Statement\"><\/span><span style=\"color: #000080;\"><strong>50 ITR Reporting by Annual Information Statement<img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-24247\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/TR.jpeg\" alt=\"AIS Reporting \" width=\"993\" height=\"1111\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/TR.jpeg 993w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/TR-268x300.jpeg 268w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/TR-915x1024.jpeg 915w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/TR-768x859.jpeg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/TR-800x895.jpeg 800w\" sizes=\"(max-width: 993px) 100vw, 993px\" \/><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"Tax_Dept_started_mobile_Application_for_Assesses_to_provide_TDS_and_AIS\"><\/span><span style=\"color: #000080;\"><span style=\"color: #000080;\">Tax Dept started mobile Application for Assesses to provide TDS and\u00a0<\/span><\/span><span style=\"color: #000080;\">AIS<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Central Board of Direct Taxes Started a mobile application called &#8220;AIS for Taxpayer&#8221; On March 22 2023 i.e which started for Assesses to view their tax related information in AIS, for complete press Release you may view below link <a href=\"https:\/\/carajput.com\/press-releases\/tax-dept-launches-mobile-app-for-taxpayers-to-provide-ais-and-other.pdf\" data-cke-saved-href=\"https:\/\/carajput.com\/press-releases\/tax-dept-launches-mobile-app-for-taxpayers-to-provide-ais-and-other.pdf\">AIS for Taxpayer\u00a0<\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Information_covered_in_Income_Tax_AIS\"><\/span><span style=\"color: #000080;\">Information covered in Income Tax AIS<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Its very important to wait for fully updated AIS, TIS and 26AS before filing ITR.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-26425\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/Information-covered-in-Income-Tax-AIS.jpg\" alt=\"Income Tax AIS\" width=\"1051\" height=\"781\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/Information-covered-in-Income-Tax-AIS.jpg 1051w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/Information-covered-in-Income-Tax-AIS-300x223.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/Information-covered-in-Income-Tax-AIS-1024x761.jpg 1024w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/Information-covered-in-Income-Tax-AIS-768x571.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/03\/Information-covered-in-Income-Tax-AIS-800x594.jpg 800w\" sizes=\"(max-width: 1051px) 100vw, 1051px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_is_to_do_when_TDS_26AS_mismatch_in_our_income_received_demand_notice_from_income_tax\"><\/span><span style=\"color: #000080;\"><strong>What is to do when TDS <a href=\"https:\/\/www.caindelhiindia.com\/blog\/what-is-the-difference-between-ais-and-form-26as\/\">26AS mismatch<\/a> in our income. &amp; received demand notice from income tax ?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>When there&#8217;s a TDS (Tax Deducted at Source) mismatch in your income as compared to what&#8217;s reflected in your Form 26AS, and you&#8217;ve received a demand notice from the Income Tax department, here&#8217;s what you can do:<\/p>\n<ul>\n<li>Cross-check the TDS information: Compare the TDS information from the Form 16 (provided by your employer) and Form 16A (provided by banks) with your Form 26AS<\/li>\n<li>Inform your deductor: If there is a mismatch in TDS, inform the employer or deductor responsible for deducting TDS from your income. Your employer or deductor needs to file a revised TDS return<\/li>\n<li>File a revised return or rectification request: If you have not received an intimation u\/s 143 (1), you can file a revised return.<\/li>\n<li>Alternatively, you can file a rectification request through the Rectification request service if you have received an intimation u\/s 143 (1) .<\/li>\n<li>Remember, the objective of the TDS and Form 26AS system is to ensure tax compliance and not to create unnecessary hurdles for businesses<\/li>\n<\/ul>\n<p>It&#8217;s essential to address the demand notice promptly and take necessary actions to rectify the discrepancy to avoid any further consequences such as penalties or legal proceedings. Keep records of all communications and documents exchanged with the Income Tax department for future reference.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Overview on AIS (Annual Information Statement) (earlier Form No. 26AS) Tax Dept has issue a new statement which call Annual Information Statement(AIS) It is earlier known as Form No. 26AS. Originally, the detail of TDS, TCS &amp; Advance Tax are contained by Form No. 26AS. But, Scope has been relevance subsequently to disclose details &amp; &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[1905,9141],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/24223"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=24223"}],"version-history":[{"count":5,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/24223\/revisions"}],"predecessor-version":[{"id":26528,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/24223\/revisions\/26528"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=24223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=24223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=24223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}