The Income Tax Department has made big improvements in recent years to make filing Income Tax Returns (ITR) easier for everyone. The e-filing process is now smoother, and if you log in to the official portal, you’ll see that many details are already filled in — thanks to data from your Form 26AS and Annual Information Statement (AIS).
But this convenience raises an important question: If the details are already pre-filled, why do you still need to check Form 26AS and AIS?
Form 26AS and AIS are like mirrors — they help you double-check your tax-related information. Even if most of the work is done by the portal, skipping this step can be risky. If there are any errors or missing entries, you might face issues later, like a delayed tax refund or even a notice from the Income Tax Department.
Form 26AS is a tax credit statement. It shows the total tax deposited under your PAN, including:
If something looks wrong — say, a TDS entry is missing — you should contact the deductor (employer, bank, etc.) to get it corrected.
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AIS, or Annual Information Statement, is a detailed version of Form 26AS. It includes:
AIS shows the Income Tax Department’s complete view of your financial activities. If you notice any wrong or unfamiliar entries, you can give feedback directly on the portal and ask for corrections.
While Form 26AS focuses on taxes deducted and high-value investments, AIS provides a broader picture. AIS includes more details like rent, savings account interest, and share transactions. It also gives you the option to provide feedback — something 26AS does not.
Before you file your return for Assessment Year 2025–26, take 10-15 minutes to go through Form 26AS and AIS. Make sure:
This simple step can save you from future troubles.
Even though e-filing has become simpler, checking Form 26AS and AIS is a must. It’s your chance to ensure your data is correct and your return is accurate. Start now and stay stress-free before the 31 July 2025 deadline!
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Published on: May 23, 2025, 2:45 PM IST
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