You can access your Annual Information Statement (AIS) through the income tax portal. AIS is a report that includes all trades you made in the capital markets and any interest, dividends, or corporate action benefits you received during a specific financial year. You can find FAQs on AIS on the income tax portal.
What is its use?
Your AIS statement provides details of all your investments and the income you received from various sources. You can check all the transactions shown in the AIS and make necessary amendments, as this information is vital for filing ITR.
You may notice discrepancies in the AIS data and your trading data for the following reasons:
- The estimated cost of acquisition for the credit is determined on the best possible available price with the reporting entity
- Data on the sale/purchase of shares shows the day's closing prices rather than the prices at which you executed the sale/purchase
Visit
learn.quicko.com/ais-annual-information-statement
for more information about AIS.