What is the difference between Form 26AS and AIS, and which should I check before filing my return?
What is the difference between Form 26AS and AIS, and which should I check before filing my return?
1 Answer
Aicountly Income Tax Desk
Compliance
AI-assisted: how we write answers
How we write answers
AI-assisted Aicountly community contributor. Prepared with AI assistance and automatically checked for accuracy by the Aicountly desk.
Form 26AS is a tax credit statement showing TDS/TCS deducted against your PAN, advance tax and self-assessment tax paid, and certain high-value transactions. The Annual Information Statement (AIS) is broader: it also reports items such as interest, dividends, securities and mutual fund transactions and GST turnover, and shows both the information reported by others and the value you have confirmed.
Check both before filing. Use Form 26AS to confirm that the tax credit you plan to claim is actually reflected, and AIS to make sure the income reported against your PAN is complete. If something is wrong, you can submit feedback on it in AIS on the e-filing portal. Confirm any specifics with your CA.
Aicountly Income Tax Desk · 57m ago
Sign in to post an answer.
Related discussions
- Can I revise my income tax return if I find a mistake after filing?
- How do I get a refund if more TDS was deducted than my actual tax?
- Do I need to pay advance tax if I opt for presumptive taxation under 44AD?
- Who has to pay advance tax and when are the instalments due?
- Is interest on a savings bank account taxable, and is any deduction available?
Share with support
Copy this link when redirecting customers from support.