Business & Economy

How to Check Your Annual Information Statement (AIS) Before Filing ITR: Step-by-Step Guide

The Annual Information Statement (AIS) is an important document available on the Income Tax Department's e-filing portal that summarizes your financial transactions during the financial year. Reviewing it before filing your Income Tax Return (ITR) helps identify discrepancies, claim the correct tax credits, and reduce the risk of notices or delayed refunds.

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How to Check Your Annual Information Statement (AIS) Before Filing ITR: Step-by-Step Guide

What is AIS?

The Annual Information Statement (AIS) provides a comprehensive view of your financial information reported to the Income Tax Department. It includes details such as:

  • Salary and pension income

  • Interest earned on savings and fixed deposits

  • Dividend income

  • TDS and TCS details

  • Advance tax and self-assessment tax payments

  • Stock and mutual fund transactions

  • High-value financial transactions

  • Foreign remittances and other reported information

Why Should You Check AIS Before Filing ITR?

Reviewing your AIS before filing your return helps you:

  • Ensure all income is correctly reported.

  • Verify TDS and tax credits.

  • Detect missing or incorrect financial transactions.

  • Avoid mismatches that could delay refunds or trigger tax notices.

  • Submit feedback if any information is inaccurate.

Step-by-Step Guide to Check AIS

  1. Visit the official Income Tax e-filing portal: Income Tax e-Filing Portal

  2. Log in using your PAN/Aadhaar and password.

  3. Go to Services → Annual Information Statement (AIS).

  4. Click Proceed to open the AIS portal.

  5. Select the AIS tile to view your detailed statement. You can also view the Taxpayer Information Summary (TIS), which provides a category-wise summary and revised values after feedback.

What to Verify in AIS

Before filing your return, cross-check:

  • Salary and pension details.

  • Interest from bank accounts and fixed deposits.

  • Dividend income.

  • TDS/TCS credits.

  • Tax payments made during the year.

  • Sale of shares and mutual funds.

  • High-value transactions reported by banks and financial institutions.

If You Find an Error

If you notice incorrect or missing information:

  • Use the feedback option available within AIS.

  • Provide the appropriate reason for the discrepancy.

  • The revised information will be reflected in the Taxpayer Information Summary (TIS) after processing, which is used for pre-filling your ITR.

Important Reminder

AIS is a valuable reference, but it may not always contain complete or final information. For example, for shares and mutual funds, AIS often reports the gross sale value, not the actual capital gain. You should always calculate capital gains using your broker's or fund house's statements and then reconcile them with AIS before filing your ITR.

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