What is Annual Information Statement (AIS) and how to download AIS?

The Annual Information Statement (AIS) was introduced by the Income Tax Department in 2021. Since then, it has become one of the most important documents when it comes to filing your income tax return (ITR).

But what exactly is AIS—and why should you care? Let’s break it down.

What is the AIS?

AIS is a consolidated statement provided by the Income Tax Department that captures your financial activity for the year across various categories. It typically includes:

  • Income from salary, interest on savings accounts, dividends, capital gains, rental income
  • Taxes paid—TDS, TCS, advance tax, and self-assessment tax
  • Purchase/sale transactions related to securities or immovable property
  • Foreign remittances
  • GST turnover

and more.

Where does AIS data come from?

The tax department collects this information from a wide range of sources—employers, banks, NBFCs, EPFO, brokers, insurance companies, registrars like CAMS and KFintech, and depositories such as CDSL and NSDL.

In short, the tax department already has a detailed picture of your financial activity—often more than you might realise.

How to use AIS while filing your ITR?

One of the most useful things about AIS is that it acts as a single reference point for all your financial data, making it incredibly helpful while filing your tax return.

After you file your ITR, the department compares it with your AIS. If there’s a mismatch—say, you forgot to report interest income from your savings account—you’re likely to get a notice from the department.

In recent years, many taxpayers have received emails for such mismatches. They were asked either to clarify specific transactions via AIS feedback or to file an updated return.

That’s why it’s always a good idea to cross-check your AIS before submitting your return. It reduces the chances of getting a notice later.

How to download AIS from the income tax portal?

  1. Login to the e-filing portal using your PAN & password
  2. Click on AIS in the top menu
  3. Hit Proceed and you’ll get redirected to AIS portal
  4. Click on the AIS tile
  5. Choose the relevant financial year and view/download the PDF version

How to provide AIS feedback?

It’s possible that your AIS may include errors or entries that don’t match your records. If that happens, you can raise a correction by submitting feedback directly on the AIS portal.

Here’s a detailed post on how to submit AIS feedback.

AIS vs Form 26AS: What’s the difference?

Think of AIS as a more detailed and upgraded version of Form 26AS.

While Form 26AS covers property purchases, high-value investments, and TDS/TCS details, AIS goes much further. It includes additional data such as dividend income, capital gains, foreign remittances, and more.

Plus, AIS lets you submit feedback on any discrepancies—something that’s not possible with Form 26AS.

In summary: Always check your AIS before filing your ITR. It’s the smartest way to avoid surprises like mismatch notices, and helps ensure your return is accurate and complete.

Happy tax filing!

3 Likes

Is every equity transactions (buy/sell) fetched from broker sent to IT department or are they only for quicko to calculate gains ?

Hi @Rahul_Khanna

Since your broker has your PAN details and the ITD gathers data from various agencies (such as CDSL/ NSDL, RTA, Banks, SEBI etc) and prepares the AIS, the ITD technically has all the data of you from your PAN.

Quicko uses all the transactions in order to calculate your capital gain/loss.

AIS entries totally wrong and there are many missing entries also, then what we do?

Hi @BJPedhla

In this case, you can submit feedback for the information displayed in your AIS under each section (i.e. TDS, SFT, etc.).

Each and every entries are incorrect means sale and purchase values are incorrect or somewhere missing and how to add missing entries in AIS?

Hi @BJPedhla

In this case, you can submit feedback for the information displayed in your AIS under each section (i.e. TDS, SFT, etc.).

You can consider the amount shown in your broker statement for now.

Hello

Is Intraday Trading details included in AIS or not? Also, my AIS and broker reports are completely different even the date of transactions showing in my AIS is different from the one in my broker’s statement, what is the reason behind this? And also if my AIS is showing more profit than my broker statement so should I correct the AIS or it’s not needed?

Hi @ash

Intraday trading (Equities)details are shown in the AIS.

In case of a mismatch, you can rely on your broker statement for the details. And you can provide a feedback on the AIS for the same.

if the trades are happened intraday i.e. demat holding is not used ; intraday trading is not reflected in AIS

The return was filed on July 24th considering the AIS data. But when I checked the last year AIS now after a year, it is showing interest income of 5000 more in last year.

But the ITR already processed based on AIS before updating. And income also is below basic exemption.

Is there anything ways to correct it? Or should it be ignored

Hey @Harish_Shenoy_R ,

The only way to correct this data now, is to file an updated return. To file an updated return successfully, you need to pay some tax before submitting the same.

You can read more about updated returns here.