TaxFinancial Glossary
AIS (Annual Information Statement)
Definition
A comprehensive statement available on the Income Tax portal that captures all financial transactions linked to your PAN during a financial year. AIS includes salary income, interest income, dividend income, mutual fund and equity transactions, property transactions, foreign remittances, and high-value purchases.
Why It Matters
AIS is the tax department's complete financial profile of your income sources. If your ITR does not match your AIS data, you will receive a mismatch notice. Before filing your return, always download your AIS and reconcile every transaction. If any information is incorrect, you can submit feedback through the portal to flag errors.