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AIS and TIS Explained: What the Annual Information Statement Shows and How to Fix Wrong Entries (AY 2026-27)

The Annual Information Statement (AIS) is the department's record of your financial transactions for a year, reported by banks, employers, registrars, depositories and the GST network. The Taxpayer Information Summary (TIS) condenses it into category totals that prefill your ITR. For AY 2026-27, every income line in AIS should either appear in your return or carry your feedback explaining why not.

Reviewed by CMA Sahil, Cost and Management Accountant Updated 13 Sept 2026 for FY 2025-26

Key facts, FY 2025-26

Maintained by
Income Tax Department under section 285BB and Rule 114-I
Where to get it
e-filing portal, AIS tab (Services, Annual Information Statement); PDF, JSON and the AIS mobile app
What it shows
TDS and TCS, interest, dividends, share and mutual fund trades, property, rent, LRS remittances, GST turnover, large cash and card spends
TIS
Category-wise reported value and derived value; the derived value prefills the ITR
Feedback
Online, per entry, with options such as not fully correct, relates to another PAN or year, duplicate, denied
Used for
Reconciling income before filing; 143(1) adjustments and e-campaign notices are driven by AIS gaps

What it is

AIS is the widened successor to the old Part E of Form 26AS. Since 2021 it has collected everything a third party reports about your PAN: salary from your employer, interest from banks and the post office, dividends from companies and mutual funds, share sales from depositories, property deals from the sub-registrar, rent from tenants who deducted TDS, outward remittances from your bank, and turnover from your GST returns.

Each entry shows the reporting entity, the amount and the section under which it was reported. AIS has two parts: Part A with your general details, and Part B with the transactions grouped under TDS and TCS, specified financial transactions (SFT), tax payments, demands and refunds, and other information such as interest on refund and foreign remittances.

TIS sits on top of AIS. For each category it shows the value reported, the value after your feedback, and the derived value the department will use. The derived value is what flows into the prefilled ITR, so a wrong TIS figure becomes a wrong return unless you correct it.

What AIS reports and where it goes in the ITR

Category in AISReported byWhere it goes in the ITR
SalaryEmployer (24Q)Schedule S, matched with Form 16
Interest from savings, deposits and income tax refundBanks, post office, CPCOther sources; 80TTA or 80TTB under the old regime
DividendCompanies, RTAs, mutual fundsOther sources, quarter-wise for 234C interest
Sale of securities and mutual fund unitsDepositories, RTAs, stock exchangesSchedule CG and Schedule 112A
Purchase and sale of immovable propertySub-registrar (SFT), Form 26QBSchedule CG for the seller; source of funds if asked
Rent receivedTenant's 26QC or 26Q returnSchedule HP
Outward foreign remittance under LRSAuthorised dealer bank, TCSTCS credit; Schedule FA if assets were bought abroad
GST turnoverGSTN from GSTR-3BReconcile with gross receipts in ITR-3 or ITR-4
Cash deposits, credit card bills, time deposits above thresholdsBanks (SFT)No schedule; be ready to explain the source

How to download AIS and give feedback

  1. Log in at incometax.gov.in and click the AIS tab on the dashboard, or go to Services, then Annual Information Statement. Click Proceed.
  2. Select FY 2025-26. Open TIS first for the category totals, then AIS for entry-level detail.
  3. Download the PDF or JSON from the top-right menu. The PDF password is your PAN in lower case followed by your date of birth as DDMMYYYY.
  4. To dispute an entry, open it in AIS, click Optional next to Feedback, choose the reason (not fully correct, relates to another PAN or year, duplicate, denied, or a custom note), enter the correct value if asked, and submit.
  5. The reporting entity is asked to confirm or correct. Until then, TIS shows the value after your feedback, and you file the return on the corrected figure.
  6. Repeat the check a day before you submit; entries can be added late, especially dividend and interest from the last quarter.

AIS vs Form 26AS

The two overlap on TDS and TCS but serve different purposes. Form 26AS is the tax credit statement: what tax has been paid or deducted against your PAN, which is what CPC allows as credit. AIS is the income statement: what income and transactions third parties have reported. You need both: 26AS to claim credit and AIS to make sure nothing is left out of the return.

Worked example: Interest reported in AIS but missed in the draft return

Savings account interest across three banks (AIS)
₹14,200
Fixed deposit interest accrued, TDS nil because of Form 15G (AIS)
₹38,000
Interest on income tax refund for AY 2025-26 (AIS)
₹1,150
Total other sources income to report
₹53,350
Tax effect at 20% slab (old regime) if left out, plus 143(1) demand
About ₹10,700 plus interest

Common mistake: treating AIS as either final or optional

AIS is neither. It can double-count a mutual fund switch as a sale, show a joint account's full interest against one holder, or report a property at stamp duty value rather than the sale price. Do not file on a wrong figure, and do not ignore it either: an income line in AIS that is missing from the return is the most common trigger for a 143(1) adjustment or an e-campaign message. Give feedback, keep the proof, and report the correct amount.

Capital Gains Tax CalculatorAIS shows sale proceeds, not gains. Work out the actual short-term and long-term gain on the share and mutual fund entries before you fill Schedule CG.

What to do next

Open TIS in the second week of June, once Q4 TDS returns and SFT filings are in, and walk through each category against your own records: bank statements, broker tax P&L, demat statement, sale deed. Give feedback on anything wrong and note the reference number. Then match the TDS tab with Form 26AS, and file by 31 July 2026 with every AIS line either in the return or explained.

AIS and TIS: questions

What is AIS in income tax?

AIS, the Annual Information Statement, is a statement of your financial transactions for a financial year as reported by banks, employers, companies, registrars, depositories and GSTN. It is available on the e-filing portal under the AIS tab and covers TDS, TCS, interest, dividends, share trades, property, rent and foreign remittances.

What is the difference between AIS and TIS?

AIS is the detailed, entry-level statement. TIS, the Taxpayer Information Summary, groups it into categories and shows the reported value, the value after your feedback and the derived value. The derived value in TIS is what prefills your ITR.

How do I give feedback on a wrong entry in AIS?

Open the entry in AIS on the e-filing portal, click the Optional button under Feedback, choose the reason (not fully correct, relates to another PAN or year, duplicate, denied, or custom), enter the correct amount if prompted and submit. The reporting entity is asked to confirm, and TIS updates to the value after feedback.

What is the AIS password?

Your PAN in lower case followed by your date of birth in DDMMYYYY format, with no spaces. For a non-individual, the date of incorporation replaces the date of birth.

AIS vs Form 26AS: which one should I use to file ITR?

Both. Take tax credits (TDS, TCS, advance tax) from Form 26AS, because that is what CPC allows. Take the income checklist from AIS, because that is what CPC cross-checks the return against. Where they differ on TDS, 26AS wins.

What happens if I ignore an entry in AIS?

If it is income and you leave it out, CPC may add it in the 143(1) intimation and raise a demand with interest, or the department may send an e-campaign message asking you to confirm or explain. If the entry is wrong, give feedback rather than ignore it, so the record shows why the return differs.

Why does AIS show a mutual fund sale I never made?

Switches between schemes, SWP redemptions and dividend reinvestment are reported as sales by the RTA. They are taxable transfers, so they belong in Schedule CG. If it is a pure error, mark the entry as not fully correct or denied and keep the AMC statement as proof.

Related forms and sections

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General information for FY 2025-26, not professional advice. Limits and dates change with each Budget; the updated date above is when this page was last checked. Disclaimer

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