What is AIS (Account Information Service)?
AIS is a more comprehensive document that provides information about a wider range of financial transactions. In addition to TDS/TCS, it includes information about savings account interest, dividend income, rent received, purchase and sale of securities, foreign remittances, and GST turnover. AIS can also be accessed through the e-filing website, and it allows taxpayers to provide feedback on the information that is reported.
Difference between AIS and Form 26AS
Annual Information Statement (AIS) and Form 26AS are two important documents that taxpayers in India need to be aware of. They both provide information about your financial transactions, but they do so in different ways.
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