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AIS

Annual Information Statement

Comprehensive statement of all financial transactions reported to IT Department.

What is AIS?

AIS is broader than 26AS — it includes salary, interest, dividends, share transactions, mutual fund redemptions, GST turnover, foreign remittances. Introduced FY 2020-21. Discrepancies should be flagged during ITR filing.

Who needs AIS?

Every taxpayer.

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