{"id":5867,"date":"2023-06-17T16:51:17","date_gmt":"2023-06-17T16:51:17","guid":{"rendered":"https:\/\/www.caindelhiindia.com\/blog\/?p=5867"},"modified":"2025-07-19T19:14:32","modified_gmt":"2025-07-19T19:14:32","slug":"what-is-the-difference-between-ais-and-form-26as","status":"publish","type":"post","link":"https:\/\/www.caindelhiindia.com\/blog\/what-is-the-difference-between-ais-and-form-26as\/","title":{"rendered":"What is the Difference between AIS and Form 26AS?"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-9291\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/photo_2025-07-20_00-24-11.jpg\" alt=\"Fix AIS Discrepancies Before Filing ITR\" width=\"875\" height=\"875\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/photo_2025-07-20_00-24-11.jpg 739w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/photo_2025-07-20_00-24-11-300x300.jpg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/photo_2025-07-20_00-24-11-150x150.jpg 150w\" sizes=\"(max-width: 875px) 100vw, 875px\" \/><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69d06e11e879a\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d06e11e879a\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.caindelhiindia.com\/blog\/what-is-the-difference-between-ais-and-form-26as\/#What_is_the_difference_between_AIS_and_Form_26AS\" title=\"What is the difference between AIS and Form 26AS?\">What is the difference between AIS and Form 26AS?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.caindelhiindia.com\/blog\/what-is-the-difference-between-ais-and-form-26as\/#How_can_AIS_assist_taxpayers\" title=\"How can AIS assist taxpayers?\">How can AIS assist taxpayers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.caindelhiindia.com\/blog\/what-is-the-difference-between-ais-and-form-26as\/#Information_covered_in_Income_Tax_AIS\" title=\"Information covered in Income Tax AIS\">Information covered in Income Tax AIS<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.caindelhiindia.com\/blog\/what-is-the-difference-between-ais-and-form-26as\/#Tax_Dept_Releases_E-Flyer_Say_No_to_Understand_Cash_Transaction_its_Limits_for_FY_2023-24\" title=\"Tax Dept Releases E-Flyer: Say No to Understand Cash Transaction &amp; its Limits for FY 2023-24\u00a0\">Tax Dept Releases E-Flyer: Say No to Understand Cash Transaction &amp; its Limits for FY 2023-24\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.caindelhiindia.com\/blog\/what-is-the-difference-between-ais-and-form-26as\/#Income_Tax_E-Flyer_on_Maintenance_of_Books_of_Accounts\" title=\"Income Tax E-Flyer on Maintenance of Books of Accounts\">Income Tax E-Flyer on Maintenance of Books of Accounts<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_is_the_difference_between_AIS_and_Form_26AS\"><\/span><span style=\"color: #000080;\">What is the difference between AIS and Form 26AS?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Form 26AS is similar to a tax passbook in that it contains information about TDS and TCS deposited against the taxpayer&#8217;s PAN during the fiscal year.<\/p>\n<p>Furthermore, in the altered version of Form 26AS, information relating to specified transactions like mutual fund unit purchases, foreign remittances, and so on will be reflected only if the transaction exceeds the specified limit or tax has been deducted.<\/p>\n<ul>\n<li>For example, if tax is deducted on the interest earned on a fixed deposit, it will be reflected on Form 26AS.<\/li>\n<\/ul>\n<p>AIS \u00a0is a more comprehensive system. In the case of AIS, the transactions will be reflected regardless of whether or not tax has been deducted. As a result, even if no tax is deducted from the interest received on a fixed deposit, it will still be shown in the AIS.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-4205\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/11\/26as-and-ais.jpg\" alt=\"26as and ais\" width=\"1280\" height=\"720\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/11\/26as-and-ais.jpg 1280w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/11\/26as-and-ais-300x169.jpg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/11\/26as-and-ais-1024x576.jpg 1024w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/11\/26as-and-ais-768x432.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/11\/26as-and-ais-800x450.jpg 800w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<ul>\n<li>The statement will include TDS, TCS, the sale and purchase of equity shares, mutual funds, dividends, interest income, and other items.<\/li>\n<li>There is no set limit for the number of transactions that can be included in the AIS. Thus, even a Rs 2,000 investment in a mutual fund SIP will be reflected in your AIS. Basically, AIS reflects all of your large and small specified financial transactions that have been reported to the income tax department by various financial entities.<\/li>\n<li>Such reporting is required of these entities by law. AIS displays all of your financial transactions that the income tax department is specified.<\/li>\n<li>Both AIS &amp; TIS are expected to benefit taxpayers by providing details of all transactions and assisting them in being prepared in advance for essential discussions with tax officers. Importantly, the move will provide more transparency and detail about the assessees&#8217; financial situation. On the other hand, they give the tax authorities with a comprehensive data set in one location.If properly implemented, this initiative will create a taxpayer-friendly environment and uphold the I-T department&#8217;s pledge to treat taxpayers as &#8220;honest&#8221; as stated in the taxpayers&#8217; charter. This will also provide the government the power in its efforts to provide a seamless, painless, and faceless tax administration.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-5967\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/AIS-.jpg\" alt=\"AIS\" width=\"1080\" height=\"677\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/AIS-.jpg 1080w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/AIS--300x188.jpg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/AIS--1024x642.jpg 1024w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/AIS--768x481.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/AIS--800x501.jpg 800w\" sizes=\"(max-width: 1080px) 100vw, 1080px\" \/><\/p>\n<p><strong>Key Differences: Form 26AS vs. AIS<\/strong><\/p>\n<table style=\"height: 362px;\" width=\"900\">\n<thead>\n<tr>\n<td><strong>Particulars<\/strong><\/td>\n<td><strong>Form 26AS<\/strong><\/td>\n<td><strong>AIS (Annual Information Statement)<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><strong>Purpose<\/strong><\/td>\n<td>Tax credit &amp; TDS verification<\/td>\n<td>Comprehensive income &amp; transaction view<\/td>\n<\/tr>\n<tr>\n<td><strong>Data Sources<\/strong><\/td>\n<td>Deductors, banks<\/td>\n<td>Deductors, banks, SFT filers, GST returns<\/td>\n<\/tr>\n<tr>\n<td><strong>Format<\/strong><\/td>\n<td>PDF, HTML<\/td>\n<td>PDF, JSON<\/td>\n<\/tr>\n<tr>\n<td><strong>Feedback Mechanism<\/strong><\/td>\n<td>Not available<\/td>\n<td>Available through AIS portal<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"How_can_AIS_assist_taxpayers\"><\/span><span style=\"color: #000080;\"><strong>How can AIS assist taxpayers?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>With the assistance of Annual Information System, you can cross-check all financial transactions that you conduct and report to the income tax department. This will assist you in double-checking and reporting all of the required information on your income tax return.<\/li>\n<li>For example, a dividend received in fiscal year 2020-21 is taxable in your hands. As a result, even if the amount is as low as Rs 50, you must report it in your ITR and pay tax on it. If you ignore to report this Rs 50, the AIS will help you remember.<\/li>\n<li>This will assist them in removing any duplicate or incorrect information. The resulting data in TIS will be spontaneously updated in real-time if the taxpayer sends a response on AIS after rigorous scrutiny, and that information will be used for pre-filing of tax returns. As a result, taxpayers have been encouraged to double-check all related information and provide detailed and accurate information in their I-T filings.<\/li>\n<li>If a taxpayer has previously submitted an I-T return but some details were left out, the return may be updated to include the correct information.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-5868\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/AIS...jpg\" alt=\"AIS..\" width=\"994\" height=\"1423\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/AIS...jpg 737w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/AIS..-210x300.jpg 210w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/AIS..-715x1024.jpg 715w\" sizes=\"(max-width: 994px) 100vw, 994px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Information_covered_in_Income_Tax_AIS\"><\/span><span style=\"color: #000080;\">Information covered in Income Tax AIS<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Its very important to wait for fully updated Annual Information Statement (AIS), Taxpayer Information Summary(TIS) and 26AS before filing Income Tax Return .<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-6940\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/Information-covered-in-Income-Tax-AIS.jpg\" alt=\"Information covered in Income Tax AIS\" width=\"1051\" height=\"781\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/Information-covered-in-Income-Tax-AIS.jpg 1051w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/Information-covered-in-Income-Tax-AIS-300x223.jpg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/Information-covered-in-Income-Tax-AIS-1024x761.jpg 1024w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/Information-covered-in-Income-Tax-AIS-768x571.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/Information-covered-in-Income-Tax-AIS-800x594.jpg 800w\" sizes=\"(max-width: 1051px) 100vw, 1051px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tax_Dept_Releases_E-Flyer_Say_No_to_Understand_Cash_Transaction_its_Limits_for_FY_2023-24\"><\/span><a href=\"https:\/\/carajput.com\/archives\/e-flyer-say-no-to-understand-cash-transaction-and-its-limits.pdf\"><span style=\"color: #000080;\"><strong>Tax Dept Releases E-Flyer: Say No to Understand Cash Transaction &amp; its Limits for FY 2023-24\u00a0<\/strong><\/span><\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"Income_Tax_E-Flyer_on_Maintenance_of_Books_of_Accounts\"><\/span><span style=\"color: #000080;\">Income Tax E-Flyer on Maintenance of Books of Accounts<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-6945\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/tax-flyer-1.jpg\" alt=\"tax flyer 1\" width=\"905\" height=\"1356\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/tax-flyer-1.jpg 425w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/tax-flyer-1-200x300.jpg 200w\" sizes=\"(max-width: 905px) 100vw, 905px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-6946\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/tax-flyer-2.jpg\" alt=\"tax flyer 2\" width=\"917\" height=\"1424\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/tax-flyer-2.jpg 434w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/tax-flyer-2-193x300.jpg 193w\" sizes=\"(max-width: 917px) 100vw, 917px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-6947\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/tax-flyer-3.jpg\" alt=\"tax flyer 3\" width=\"908\" height=\"662\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/tax-flyer-3.jpg 443w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/tax-flyer-3-300x219.jpg 300w\" sizes=\"(max-width: 908px) 100vw, 908px\" \/><\/p>\n<p><strong>Popular Article :<\/strong>More read for related blogs are:<\/p>\n<ul>\n<li><strong><a href=\"https:\/\/carajput.com\/publications\/all-the-provision-of-taxation-of-income-from-capital-gains.pdf\">All about the Income taxation on capital gain<\/a><\/strong><\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/carajput.com\/archives\/summary-of-provision-of-capital-gains-charts-under-the-income-tax-1961.pdf\">Provision-of-capital-gains-charts<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/carajput.com\/blog\/govt-needed-to-introduce-changes-in-nps-in-budget-2021\/\">Govt\u00a0 needed to introduce\u00a0 changes\u00a0 in NSP Budget 2021<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/carajput.com\/publications\/all-the-provision-of-taxation-of-income-from-capital-gains.pdf\">All about the Income taxation on capital gain\u00a0<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/www.caindelhiindia.com\/blog\/3926-2\/\">Tax Audit<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/www.caindelhiindia.com\/blog\/implication-of-cash-transaction-under-income-tax-act\/\">Implication of cash transaction under income tax Act<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/carajput.com\/press-releases\/how-to-file-revised-return-of-income-tax-efiling-income-tax-department.pdf\">How to file Revised Return of Income Tax E-Filing: Income Tax Department <\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/carajput.com\/blog\/popular-errors-when-filing-an-income-tax-return\/\">Prevent popular errors while filing an income tax return<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/carajput.com\/learn\/needed-to-file-income-tax-returns-for-your-bitcoin-profits-earn.html\"><span style=\"color: #0000ff;\">Needed to file Income Tax return of Bitcoin profit earned<\/span><\/a>\u00a0<\/strong><\/li>\n<\/ul>\n<p><iframe loading=\"lazy\" title=\"Differences &amp; Uses of ITR-1 &amp; ITR-2 | How to choose ITR Form? |\u091c\u093e\u0928\u093f\u092f\u0947 \u0915\u094c\u0928 \u0938\u093e ITR \u092b\u0949\u0930\u094d\u092e \u0906\u092a\u0915\u0947 \u0932\u093f\u090f \u0938\u0939\u0940?\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/JPf9bPyv7bY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p class=\"x_MsoNormal\"><i>India Financial Consultancy corporation Pvt Ltd \u00a0is a Service Platform dedicated to provide all kinds of services under one roof i.e. with the aim of &#8220;MAKING BUSINESS EASY &#8220;at affordable prices. We will offer support and guidance at every stage to ensure that the business is compliant with the regulations and is continually growing. <\/i><i>The services offered by us are attached for your reference, We will be happy serving you all the time. <\/i>To know more kindly contact us on:\u00a0 +91\u00a0 9555-555-480\u00a0 or <a href=\"mailto:singh@caindelhiindia.com%20\">singh@caindelhiindia.com <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is the difference between AIS and Form 26AS? Form 26AS is similar to a tax passbook in that it contains information about TDS and TCS deposited against the taxpayer&#8217;s PAN during the fiscal year. Furthermore, in the altered version of Form 26AS, information relating to specified transactions like mutual fund unit purchases, foreign remittances, &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[173],"tags":[1023,878],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/5867"}],"collection":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/comments?post=5867"}],"version-history":[{"count":5,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/5867\/revisions"}],"predecessor-version":[{"id":9293,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/5867\/revisions\/9293"}],"wp:attachment":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/media?parent=5867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/categories?post=5867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/tags?post=5867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}