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What is an Annual Information Statement (AIS) ?

An annual information statement is a report available in the income tax portal that includes the details of all the trades in the capital markets along with interest, dividends, and corporate action benefits received during a particular financial year. FAQs on AIS can be found on the income tax portal (WEB) .

What is its use?

The AIS statement provides details of all the investments and income received from various sources. Taxpayers can check all the transactions shown in the AIS and make necessary amends as this information is vital for filing ITR.

Visit blog.quicko.com/decoding-the-new-annual-information-statement for more information about AIS.