Form 26AS, AIS and TIS for ITR Filing in India

Form 26AS, Annual Information Statement (AIS) and Taxpayer Information Summary (TIS) are important sources of tax information that taxpayers should review before filing their income-tax return in India.

These statements contain information reported to the Income Tax Department by employers, banks, companies, financial institutions, property buyers, mutual funds, brokers and other reporting entities. A mismatch between these records and the income reported in the Income Tax Return (ITR) may result in incorrect tax credit, delayed refunds, tax demands or enquiries from the Income Tax Department.

EzyBiz India Consulting LLP assists individuals, professionals, business owners, investors and NRIs with review and reconciliation of Form 26AS, AIS and TIS as part of our ITR Filing Services in India.

Why Form 26AS, AIS and TIS Matter for ITR Filing

Income-tax return preparation should not be based only on Form 16, bank statements or information available with the taxpayer. Information reported independently to the Income Tax Department should also be reviewed before the return is filed.

Accurate Reporting of Income and Transactions

AIS may contain information relating to interest, dividends, securities transactions, specified financial transactions, tax payments and other information reported to the Income Tax Department.

Comparing this information with the taxpayer’s financial records helps identify transactions that may otherwise be missed while preparing the ITR.

Correct Claim of TDS and Other Tax Credits

Form 26AS should be reviewed to verify whether tax deducted or collected on behalf of the taxpayer has been properly reported against the taxpayer’s PAN.

Where TDS claimed in the return does not properly match the information reported to the tax authorities, the tax credit may require reconciliation or correction.

What Is Form 26AS?

Form 26AS is an annual tax statement available to a taxpayer through the Income Tax e-Filing system and the TDS-CPC/TRACES system.

Current Scope of Form 26AS

From Assessment Year 2023-24 onwards, Form 26AS primarily displays TDS and TCS-related information. Many other items that historically appeared in Form 26AS are now available through the Annual Information Statement.

The current position is explained in the Income Tax Department’s official AIS FAQs.

Why Form 26AS Should Be Reviewed

Form 26AS helps taxpayers verify whether TDS or TCS reported by deductors and collectors has been correctly reflected against their PAN.

This is particularly relevant where tax has been deducted from salary, professional fees, interest, rent, property transactions, contract payments or other taxable receipts.

What Is the Annual Information Statement (AIS)?

The Annual Information Statement provides a broader view of information available with the Income Tax Department in relation to a taxpayer.

Broader Financial Information in AIS

AIS may contain information relating to TDS/TCS, specified financial transactions, tax payments, refunds, interest, dividends, securities transactions and other information reported by different sources.

The information available in AIS should be compared with the taxpayer’s own books, bank statements, investment statements and other supporting records before filing the income-tax return.

AIS Feedback Facility

An important feature of AIS is the ability of the taxpayer to provide feedback on information reported in the statement.

Where an entry is incorrect, duplicated, belongs to another person or requires modification, the taxpayer can use the feedback functionality available in AIS. Detailed guidance is available in the official AIS FAQs.

What Is the Taxpayer Information Summary (TIS)?

TIS is a summary of information contained within the AIS environment. It presents aggregated information under different information categories.

Summarised Information for Taxpayers

Instead of examining each transaction individually, TIS helps the taxpayer view summarised values for different categories of information.

This can assist in identifying significant areas that need to be checked before preparing the return.

Role of TIS in ITR Preparation

TIS can be used as a reconciliation tool, but the return should not be prepared solely by copying the values appearing in TIS.

The underlying nature of each transaction, accounting records and applicable tax treatment should be considered before reporting income in the ITR.

Form 26AS vs AIS vs TIS – Key Differences

Form 26AS Focuses Mainly on TDS and TCS

Form 26AS is especially important for verifying tax deducted or collected at source and ensuring that the corresponding credit is properly available against the taxpayer’s PAN.

AIS Provides a Wider Transaction View

AIS generally contains a much broader set of information received by the Income Tax Department from different reporting entities.

This may include investment, interest, dividend, securities, tax payment and specified financial transaction information, depending on the taxpayer’s activities.

All Three Should Be Used Together

Form 26AS, AIS and TIS should be considered complementary records rather than substitutes for the taxpayer’s own documents.

The correct approach is to reconcile these statements with Form 16, Form 16A, bank statements, books of account, broker statements, capital gain reports and other financial records.

How to Download Form 26AS

Steps to Access Form 26AS

A registered taxpayer can generally access Form 26AS by logging into the Income Tax e-Filing portal and selecting the option to view Form 26AS.

The portal redirects the taxpayer to the relevant tax credit statement facility. The Income Tax Department’s e-Filing Dashboard User Manual also explains the availability of the View Form 26AS option.

What to Check After Downloading Form 26AS

After accessing Form 26AS, verify:

• PAN and taxpayer details;
• name of deductors or collectors;
• amount on which tax has been deducted or collected;
• TDS or TCS amount reported; and
• whether important expected tax credits are missing.

How to View AIS and TIS

Accessing AIS

Taxpayers can access AIS after logging into the Income Tax e-Filing Portal and selecting the AIS option.

The official Income Tax Department guidance explains that AIS can be accessed through the taxpayer’s e-Filing account.

Downloading AIS and TIS

Taxpayers may review the information online and use the available download options where required.

Before filing an ITR, significant transactions appearing in AIS and TIS should be compared with the taxpayer’s supporting records.

What Information Should You Check in Form 26AS?

TDS Entries

Compare TDS reflected in Form 26AS with relevant certificates and supporting documents such as Form 16, Form 16A, rent records, professional receipts, bank interest certificates or property transaction documents.

Where tax has been deducted but does not appear correctly in Form 26AS, the discrepancy should preferably be addressed before claiming the corresponding credit in the return.

TCS Entries

Taxpayers should also review TCS appearing against their PAN and reconcile it with the underlying transactions.

The credit ultimately claimed in the return should be supported by the information reported and the applicable tax records.

What Information Should You Check in AIS?

Interest, Dividend and Investment Income

Interest from bank accounts and deposits, dividend income and investment-related transactions reported in AIS should be compared with bank statements, interest certificates, broker statements and other relevant records.

Tax Payments, Refunds and Related Information

Tax-related information available through the Income Tax Department should be reviewed while determining the final tax payable or refund position.

The taxpayer’s own challans and return records should also be retained as supporting evidence.

High-Value and Reported Financial Transactions

AIS may contain specified financial transaction information reported by financial institutions and other reporting entities.

The presence of a transaction in AIS does not automatically determine its tax treatment. The nature of the transaction and applicable income-tax provisions must still be evaluated.

How to Reconcile Form 26AS, AIS and TIS Before ITR Filing

A structured reconciliation can significantly reduce the risk of omissions and inconsistencies in the income-tax return.

Reconcile Form 16 and Form 16A with Form 26AS

Salary TDS in Form 16 and other TDS appearing in Form 16A should be compared with Form 26AS.

Any missing or materially different entry should be investigated before finalising the return.

Reconcile Interest and Dividend Income

Compare AIS with:

• bank statements;
• fixed deposit interest certificates;
• dividend statements;
• demat records; and
• other investment records.

Taxpayers should ensure that taxable income is correctly computed rather than merely adopting the gross figures appearing in AIS.

Reconcile Capital Gains and Securities Transactions

Share and mutual fund transactions should be reconciled with broker statements, contract notes, capital gain reports and purchase-cost records.

AIS information may assist in identifying transactions, but the taxable capital gain or loss should be independently computed in accordance with the applicable tax provisions.

Reconcile Tax Payments and Credits

TDS, TCS, advance tax and self-assessment tax records should be checked against the taxpayer’s challans and available tax records before the return is finalised.

For professional assistance with the complete reconciliation and return preparation process, taxpayers may use our Income Tax Return Filing Services in India.

Common Form 26AS, AIS and TIS Mismatches

TDS Deducted but Not Reflected in Form 26AS

This can occur where the deductor has not filed the TDS return, has reported an incorrect PAN, has made an error in the TDS statement or has not completed the necessary correction.

Incorrect PAN or Incorrect Amount Reported

Incorrect reporting by the deductor or reporting entity may result in tax credit or transaction information not properly matching the taxpayer’s records.

Duplicate or Incorrect AIS Information

A transaction may sometimes appear duplicated, incorrectly attributed or reported with an amount that differs from the taxpayer’s records.

Such cases should be reviewed with the underlying source documents before feedback is submitted.

Difference in Capital Gain Information

AIS may report transaction values, whereas the taxable capital gain depends on factors such as cost of acquisition, period of holding, eligible expenses and applicable tax provisions.

Therefore, a difference between the transaction information and the final capital gain reported in the ITR may require proper reconciliation and supporting documentation.

What to Do if Form 26AS Is Incorrect

Contact the Deductor or Collector

If TDS or TCS has been deducted but is missing or incorrectly reported, the taxpayer should normally approach the deductor or collector and request appropriate correction of the relevant statement.

The taxpayer should retain supporting evidence such as Form 16, Form 16A, payment advice, correspondence and tax deduction details.

Recheck Form 26AS After Correction

After the deductor completes the correction process, Form 26AS should be checked again before finalising the return or taking further action.

Where substantial tax credit remains unavailable or a tax demand has already arisen, professional review may be appropriate.

What to Do if AIS Information Is Incorrect

Submit Appropriate AIS Feedback

The AIS functionality allows taxpayers to provide feedback regarding reported information.

Depending on the facts, the taxpayer may indicate that the information is incorrect, duplicated, belongs to another person or requires modification.

The Income Tax Department AIS FAQs explain the feedback mechanism and related functionality.

Maintain Documentary Evidence

Submitting feedback does not eliminate the need to maintain supporting evidence.

Bank statements, invoices, broker reports, tax certificates, sale documents, accounting records and other evidence should be retained to explain the taxpayer’s position if required.

How Form 26AS and AIS Mismatches Can Affect ITR Filing

Incorrect or Delayed Refund

Where the TDS claimed in the return does not properly match the tax credit information available to the Income Tax Department, the refund position may require further reconciliation.

Income Tax Notices or Verification

Material differences between information available to the Department and the income reported in the return may lead to verification, adjustment or further enquiry depending on the facts.

If a taxpayer receives a notice relating to an ITR, AIS, TDS mismatch or unreported transaction, our Income Tax Assessment and Litigation Services in India team can assist with review and response.

Need for Revised or Other Corrective Action

If a taxpayer discovers an omission or error after filing the return, the appropriate corrective option will depend on the nature of the mistake, timing and applicable income-tax provisions.

Professional advice should be obtained where the correction involves substantial income, tax credit, capital gains, foreign income or other complex matters.

Special Considerations for NRIs, Investors and Businesses

Form 26AS and AIS for NRIs

NRIs may have Indian-source income from rent, property sales, capital gains, interest, dividends, securities and other investments. Significant TDS may also be deducted from certain NRI payments.

Form 26AS and AIS reconciliation is therefore particularly important while preparing an NRI return.

For broader assistance relating to residential status, DTAA benefits, property, investment income and foreign remittances, see our NRI Taxation Services in India. NRIs requiring return preparation can also use our NRI Tax Return Filing Services in India.

Investors and Capital Gain Taxpayers

Taxpayers dealing in shares, mutual funds, bonds and other investments may have a large number of transactions reported through AIS.

These transactions should be reconciled with broker and investment records before computing capital gains or losses.

Businesses and Professionals

Business owners and professionals should not treat AIS as a replacement for proper books of account.

AIS may help identify receipts or transactions reported by other parties, but taxable business or professional income should be determined using books, invoices, expenses, tax records and the applicable income-tax provisions.

Professional Form 26AS, AIS and ITR Reconciliation Support

How EzyBiz India Assists

As part of our professional ITR Filing Services in India, EzyBiz India can assist with:

• review of Form 26AS, AIS and TIS;
• reconciliation of TDS and TCS;
• comparison with Form 16 and Form 16A;
• review of salary, interest and dividend information;
• capital gain reconciliation;
• review of property and investment transactions;
• identification of potential mismatches;
• tax computation;
• selection of the appropriate ITR form;
• preparation and filing of the income-tax return; and
• assistance with tax notices or mismatches, where required.

Taxpayers requiring wider advisory support can also explore our Direct Tax Advisory Services in India and Tax and Regulatory Advisory Services in India.

When Should You Seek Professional Assistance?

Professional assistance may be useful where the taxpayer has multiple income sources, substantial TDS mismatch, capital gains, securities transactions, business income, NRI income, foreign income or assets, significant AIS differences or an income-tax notice.

Resolving these issues before filing is generally preferable to discovering a significant discrepancy after the return has been processed.

Frequently Asked Questions on Form 26AS, AIS and TIS

Is Form 26AS the Same as AIS?

No. Form 26AS and AIS are different statements. From Assessment Year 2023-24 onwards, Form 26AS primarily reflects TDS/TCS-related information, while broader taxpayer information is available through AIS.

What Is the Difference Between AIS and TIS?

AIS contains detailed information reported in relation to the taxpayer, while TIS provides aggregated or summarised values for different information categories within the AIS framework.

Should I File My ITR Exactly as Per AIS?

No. AIS is an important reconciliation source, but the correct taxable income should be determined based on the actual nature of the transaction, supporting records and applicable tax provisions.

Where the taxpayer’s correct position differs from information appearing in AIS, the difference should be properly understood, documented and addressed as appropriate.

What Should I Do if TDS Does Not Appear in Form 26AS?

The taxpayer should generally contact the deductor and request verification or correction of the relevant TDS statement. Supporting documents relating to the deduction should be retained.

Can Incorrect AIS Information Be Corrected?

AIS provides a feedback facility through which taxpayers can respond to information reported in the statement. The appropriate feedback should depend on the facts and supporting records.

Is Form 26AS and AIS Reconciliation Necessary for NRIs?

Yes. Reconciliation can be particularly important for NRIs because Indian income may be subject to TDS and may include property income, capital gains, interest, dividends and investments.

Our NRI Tax Return Filing Services in India include review of Form 26AS, AIS and relevant tax records before preparation of the return.

Related Tax Services

• ITR Filing Services in India
• NRI Taxation Services in India
• NRI Tax Return Filing Services in India
• Direct Tax Advisory Services in India
• Income Tax Assessment and Litigation Services in India
• Tax and Regulatory Advisory Services in India

Reviewed By

Anil Agrawal, Chartered Accountant
Founder, EzyBiz India Consulting LLP
More than 20 years of professional experience in taxation, regulatory advisory and business consulting.

Last Updated: September 2026

Disclaimer

This article is intended for general informational purposes only and should not be treated as tax, legal or professional advice for any specific taxpayer or transaction. Income-tax provisions, forms, reporting requirements and portal procedures may change from time to time. Taxpayers should review the latest applicable law, rules, notifications and guidance issued by the Income Tax Department and obtain professional advice based on their individual facts before filing an income-tax return or taking any tax position.