Annual Information Statement (AIS): What Data It Shows and How Taxpayers Can Review and Correct Errors
A practical explainer on using AIS, checking financial information, and submitting online feedback for corrections via the income tax portal and app
What Is the Annual Information Statement (AIS)?
The Annual Information Statement (AIS) is a digital facility from the Income Tax Department that offers individual taxpayers, professionals, and businesses a comprehensive, year-wise summary of all major financial and tax-related activities linked to their PAN. AIS consolidates data drawn from multiple sources—banks, mutual funds, employers, tax deductors, and reporting entities—into a single, easily accessible statement.
AIS is available via both the income tax e-filing portal and the dedicated AIS for Taxpayer mobile app.
Why AIS Matters for Taxpayers
AIS acts as a central reference for all major transactions reported under your PAN—covering TDS (tax deducted at source), TCS (tax collected at source), Specified Financial Transactions (SFT), tax payments, GST return details (for applicable businesses), foreign remittances, mutual fund dealings, off-market trades, dividends, interest, and more.
The statement provides transparency, helps avoid omissions or mismatches in your tax return, and enables you to spot and rectify errors in reported information.
Information Included in AIS
AIS aggregates data collected under dozens of reporting rules and presents it in two parts:
- Part A: Basic information like name, PAN, address, and mobile/email.
- Part B: Detailed, transaction-level data, including:
- Salary income, pension
- TDS and TCS transactions
- SFT transactions (cash deposits, payments by credit card, property purchases/sales, investment transactions, etc.)
- Business receipts reported in GST returns
- Tax payments (advance tax, self-assessment tax)
- Tax demands and refunds
- Foreign remittances and receipts
- Mutual fund purchases, dividend payouts, and off-market share transactions
Some categories—such as GST return details, specific foreign remittance data, off-market trades, and mutual fund dividends—might be uploaded by the reporting institution to the department and could take up to three months to appear in your AIS.
Download Options:
- Full AIS: PDF, JSON
- Transaction details: Excel
How to Access Your AIS
You can view and download your AIS either through:
- The income tax e-filing portal
- The official "AIS for Taxpayer" mobile app (available on Google Play and Apple App Store)
Steps to check AIS online:
- Log in using your PAN and password.
- Under "Services," select "Annual Information Statement (AIS)."
- View, download or export your statement as needed.
- Drill down to examine transaction-level details.
Identifying and Correcting Errors in Your AIS
Mismatches sometimes occur: a transaction may appear against the wrong PAN, a duplicate may be reported, or certain data may be incomplete or incorrectly classified.
How to Submit Feedback on AIS Entries
You can submit digital feedback for any line item directly in the AIS interface. Feedback options include:
- Information is correct
- Partially correct (you can specify the portion that is inaccurate)
- Relates to another PAN or Assessment Year
- Duplicate information
- Denied/Disagreed (if the transaction does not pertain to you)
- Income not taxable (for example, if the receipt is exempt)
This online feedback system is intended to reduce the scope for errors in pre-filled ITRs, avoid unwarranted tax notices, and enable taxpayers to fix issues before filing.
How Corrections Impact Your Tax Return
Once you submit feedback, the Income Tax Department updates the Taxpayer Information Summary (TIS), which carries the most recent, corrected aggregation of your data. The TIS report is used to pre-fill your income tax return. You can track feedback status and download feedback acknowledgements via the "Activity History" on the portal.
Note: If the mismatch persists despite submitting feedback, it can help you establish your position if queried by the tax authorities later.
Timeline for Data Updates
Certain transactions, such as GST returns, foreign remittance details, some TDS returns (Form 24Q), off-market share transactions, mutual fund purchases, and dividends, may appear in the AIS up to three months after they have been reported to the Income Tax Department.
| Data Type | Possible Delay in AIS (Up to) |
|---|---|
| GST returns | 3 months |
| Foreign remittances | 3 months |
| Mutual fund purchases/dividends | 3 months |
| Off-market transactions | 3 months |
Practical Tips for Taxpayers
- Always cross-check the AIS with your personal records before filing your return.
- If you spot errors or duplicate entries, submit feedback online promptly.
- Treat AIS as a working document, not a certified statement—as it relies on third-party uploads and sometimes lags actual transactions.
- Retain documentation supporting any feedback or corrections you submit.
Frequently Asked Questions (FAQs)
Frequently asked questions
What should I do if I find an error in my AIS?
You can submit online feedback directly against the disputed transaction in your AIS, specifying the nature of the error. The Income Tax Department will update your Taxpayer Information Summary (TIS) based on your feedback.
Is the data in AIS final and always up to date?
No, AIS relies on information reported by various financial institutions and deductors, so there can be lags and occasional errors. Some data, such as GST or mutual fund information, may appear with a delay of up to three months.
Will correcting errors in AIS affect my tax return?
Yes, corrections in the AIS update the Taxpayer Information Summary (TIS), which is used for pre-filling your ITR, reducing the risk of mistake or mismatch in your filed return.
Can I download my AIS?
Yes, you can download your complete AIS as a PDF or JSON file, and detailed transaction tables in Excel, from the e-filing portal or AIS app.
Do I need to submit AIS with my income tax return?
No, you do not need to submit the AIS itself, but you should ensure your tax return matches the data in AIS wherever possible to avoid notices or questions from the tax department.