Form 26AS vs AIS vs TIS, what to use when filing ITR.

Form 26AS (traditional, pre-2021):

• Annual Tax Statement showing tax deducted / collected at source (TDS / TCS), tax paid, and refunds.
• Sourced from: deductors filing TDS returns (24Q / 26Q / 27Q), banks reporting high-value transactions, Challan payment records.
• Downloaded from TRACES portal (traces.gov.in).
• Scope: narrower — TDS, TCS, advance tax, self-assessment tax, refunds.

AIS (Annual Information Statement):

• Introduced November 2021 under Section 285BB.
• Comprehensive statement covering all information from third parties (banks, brokers, mutual funds, insurance, employers, GST returns, SFT reports).
• Sourced from: multiple reporting entities under Specified Financial Transactions (SFT) reporting rules.
• Downloaded from e-filing portal (incometax.gov.in) → Services → Annual Information Statement.
• Scope: much broader — includes TDS/TCS plus savings interest, FD interest, mutual fund transactions, demat holdings, stock trades, property purchases, foreign remittances (LRS), credit card payments above INR 1 lakh.

TIS (Taxpayer Information Summary):

• Summary of AIS - the Department's view of each income category after processing AIS data.
• Shows two values per category: 'Information Processed' (what the Department sees) and 'Taxpayer Feedback' (what you have agreed/disagreed with).
• Available on e-filing portal alongside AIS.
• Scope: same categories as AIS, but summarised and processed.

For AY 2026-27 ITR filing (FY 2025-26 income), download and review ALL THREE:

1. AIS: comprehensive baseline. Review line-by-line each category (TDS, interest, dividend, capital gains, mutual fund transactions, property). This is what the Department knows.
2. TIS: see how Department processed the AIS data. Spot differences between raw AIS entries and processed TIS summary (occasional AI errors).
3. Form 26AS: specifically verify TDS / TCS entries (which flow into your tax credit on ITR). Must match the TDS claimed in ITR.

Primary reference: AIS. TIS is derived. Form 26AS is subset.

Golden rule: your ITR must match AIS at the aggregate level per income category. Mismatches trigger either 139(9) defective return or 143(1) demand with mismatch adjustment.

• Salary (Form 16 TDS): matches Form 26AS Part A. Any difference = ask employer to file revised 24Q.
• Bank savings interest: all your savings accounts' interest reported here. Compare with bank statements. If missing, bank has not reported — check and update.
• FD / RD interest: separate entry per deposit. TDS at 10% if above INR 40K / year (INR 50K for senior citizens).
• Dividend income: all Indian equity and MF dividends. Section 194 TDS at 10% applies above INR 5,000.
• Mutual fund transactions: all redemptions reported. Compare with your MF statements for FY. Capital gains computation feeds ITR Schedule CG.
• Equity trades: all demat transactions from brokers. Reconcile with broker Capital Gains statement.
• Property transactions: purchases above INR 30 lakh and sales above INR 50 lakh reported by Sub-Registrar.
• Credit card payments above INR 1 lakh in a month or INR 10 lakh in a year: reported under SFT.
• LRS foreign remittance: reported by AD banks. Includes US stock investments, overseas education, overseas gifts.
• Foreign asset income (TCS on LRS, Section 206C(1G)): reflected as TCS credit.
• Interest from P2P lending platforms: reported.
• Crypto / VDA transactions: reported by Indian exchanges.

AIS has a feedback mechanism: for each entry, you can mark:

• Information is correct (default assumption).
• Information is partially correct — provide reason.
• Information is incorrect — e.g., you did not have that bank account or did not make that purchase. Report via AIS feedback.
• Information relates to other PAN — e.g., misreported against your PAN but belongs to another person.

Feedback submitted via portal is processed; TIS updates after processing. If AIS entry is wrong, feedback must be submitted BEFORE ITR filing to avoid mismatch.

Common feedback scenarios:

• Joint bank account interest fully reported against your PAN though actual holder is spouse → feedback 'partially correct' + split.
• Property purchase reported but you were a co-buyer with specified share → feedback 'partially correct' + share.
• Mutual fund redemption reported but with wrong cost basis → feedback 'partially correct' + correct cost.
• Transaction reported against your PAN but actually belongs to your HUF or other PAN → feedback 'other PAN' with correct PAN.

Last updated: 2026-10-10.