Form 26AS is a consolidated tax credit statement showing all TDS/TCS deducted against your PAN, while the Annual Information Statement (AIS) is a broader record showing over 60 types of income and transactions reported to the Income Tax Department – and TIS (Taxpayer Information Summary) is a simplified, pre-aggregated version of AIS used for pre-filling your ITR.
If you are filing your ITR for FY 2025-26 (AY 2026-27) before the 31 July 2026 deadline, you need to check all three before submitting. Skipping even one of them is the single most common reason salaried taxpayers get mismatch notices from the Income Tax Department.
At a Glance: What Each Statement Does
| Statement | What it shows | Purpose |
| Form 26AS | TDS/TCS deducted, advance tax, self-assessment tax, refunds issued | Claim your tax credits. This is the legal document for TDS credit. |
| AIS | 60+ categories of income and financial transactions reported against your PAN | Verify all income sources the department already knows about |
| TIS | Category-wise aggregated summary of AIS, de-duplicated | Cross-check pre-filled ITR values before submitting |
The order matters: check Form 26AS first, then AIS, then TIS.
Section 1: Form 26AS: Your Tax Credit Passport
What Is Form 26AS?
Form 26AS is the government’s official record of all taxes paid or deducted against your PAN during the financial year. It is available on the Income Tax Department’s TRACES portal and is the legal basis on which you can claim tax credits in your ITR.
Think of it as your tax passbook: every time an employer deducts TDS from your salary, a bank deducts TDS from your FD interest, or you pay advance tax, that entry should appear here.
Since AY 2023-24, the Income Tax Department moved income transaction details (like interest earned, dividends received) from Form 26AS into the AIS. Form 26AS now focuses specifically on tax credit entries only.
What Form 26AS Contains
- TDS deductions: Tax deducted by your employer (Section 192), bank (Section 194A on FD interest), tenant (Section 194-IB on rent), property buyer (Section 194-IA), and all other deductors
- TCS collections: Tax collected by sellers on high-value purchases
- Advance tax paid: Quarterly advance tax payments made directly to the government
- Self-assessment tax paid: Tax paid before or at the time of filing your ITR
- Regular assessment tax: Tax paid after an assessment order
- Refunds issued: Any tax refunds processed by the department, with the assessment year and amount
- Demand notices: Outstanding tax demands, if any
The Most Critical Rule About Form 26AS
TDS credit can only be claimed based on Form 26AS, not AIS or TIS.
If a bank deducted TDS from your FD interest and it shows in AIS but is absent from Form 26AS, you cannot claim that TDS credit in your ITR. Claiming unverified TDS will be disallowed during return processing, leading to a tax demand. The fix is to contact the bank and ask them to file a corrected TDS return so the entry appears in Form 26AS. This can take 10 to 15 days, so do this early.
How to Download Form 26AS
- Log into the Income Tax e-filing portal (incometax.gov.in) with your PAN and password
- Go to e-File → Income Tax Returns → View Form 26AS
- You are redirected to the TRACES portal. Accept the disclaimer.
- Select the Assessment Year (AY 2026-27 for FY 2025-26)
- Choose format: HTML (view online), PDF (download), or Text
- To open the PDF, the password is your date of birth in DDMMYYYY format
Cross-check every TDS entry in Form 26AS against your Form 16 (for salary TDS) and Form 16A (for all other TDS, such as FD interest). For more on Form 16A, see our Form 16A explained guide. For the salary TDS breakdown in Form 16, see our Form 16 Part A vs Part B guide.
Section 2: AIS: The Complete Financial Picture
What Is the Annual Information Statement (AIS)?
The Annual Information Statement was introduced by the Income Tax Department in November 2021. It is a significant upgrade over the old Form 26AS: while Form 26AS only tracks tax credits, AIS tracks virtually every financial transaction linked to your PAN as reported by banks, employers, mutual funds, stock exchanges, registrars, property registrars, insurance companies, and others.
The data in AIS comes from the same source as the Form 61A (Statement of Financial Transactions) filings made by reporting entities, plus TDS/TCS returns, SFT data, and other information the department collects.
What AIS Contains: Key Transaction Categories
AIS is split into two parts:
Part A: General Information Name, PAN, date of birth, contact details, and Aadhaar linking status.
Part B: Tax Information (the part you need to verify) AIS currently covers over 60 categories of information. The most important ones for most taxpayers:
| Category | What it shows |
| Salary | Gross salary as reported by your employer, TDS deducted |
| Rent received | Rental income reported by tenants who paid TDS under Section 194-IB or 194-I |
| Interest from savings accounts | Bank interest on savings accounts (reported when above ₹5,000/year) |
| Interest from deposits | FD and RD interest reported by banks, co-op societies, post offices |
| Interest from others | Interest from NBFCs, companies, or other sources |
| Dividend | Dividends received from companies and mutual fund IDCW payouts |
| Capital gains (equity shares) | Sale transactions in listed equity shares reported by stock exchanges |
| Capital gains (mutual funds) | Redemption transactions reported by AMCs and registrars (CAMS/KFintech) |
| Capital gains (real estate) | Property sale transactions reported by sub-registrars |
| Purchase of real estate | Property purchase transactions (over ₹30 lakh) reported by sub-registrars |
| Foreign remittances | Outward remittances reported by authorised dealers under FEMA |
| Cash deposits (savings) | Large cash deposits in savings accounts (over ₹10 lakh) |
| Cash deposits (current accounts) | Large cash deposits in current accounts (over ₹50 lakh) |
| Credit card payments | Aggregate annual credit card spending above ₹10 lakh |
| Purchase of mutual funds | Large mutual fund investments (over ₹10 lakh per scheme) |
| Purchase of bonds/shares | Investments in debentures, bonds, and shares above thresholds |
| SFT transactions | High-value transactions reported under Section 285BA (Form 61A) |
| GST turnover | Business turnover reported in GST returns (for registered businesses) |
| Taxes paid | Advance tax and self-assessment tax payments |
For each entry, AIS shows:
- Reported value: What the reporting entity submitted
- Modified value: The corrected amount after your feedback (if you submitted any)
One Common AIS Problem: Duplicate Entries
If you redeemed a mutual fund, both your AMC and the registrar (CAMS or KFintech) may report the same redemption. AIS can show the same transaction twice. This is very common for mutual fund gains and can inflate the pre-filled ITR figure significantly. The fix is simple: submit feedback in AIS marking the duplicate entry as “Information is duplicate.” TIS will then show the corrected, de-duplicated total.
Section 3: TIS: The Pre-Fill Source
What Is TIS?
The Taxpayer Information Summary is a category-wise aggregated view of your AIS, designed to be simple and actionable. While AIS shows every individual transaction in detail, TIS groups them by income category and shows a single total for each.
TIS shows two values for each category:
- Processed value: The system-computed total based on reported data and any feedback you have submitted in AIS
- Derived value: A further-refined figure computed by the system, used for pre-filling your ITR where applicable
How TIS and ITR Pre-Fill Connect
When the Income Tax Department pre-fills your ITR with income figures (which happens automatically on the e-filing portal), those figures come primarily from TIS. If your AIS has errors and you submit feedback to correct them, the TIS values update, and the pre-filled ITR also updates, usually within 24 hours.
This means: always complete your AIS review and feedback before opening your ITR form, because the pre-fill will reflect whatever is in TIS at that moment.
TIS is not a replacement for AIS or Form 26AS. It is a summary tool. Always verify the underlying transactions in AIS before accepting TIS figures.
Section 4: How to Reconcile Mismatches
Mismatches between these three statements are the most common trigger for Income Tax Department notices. Here is how to handle each type:
Mismatch Between Form 26AS and Your TDS Certificates
Situation: Your Form 16 or Form 16A shows TDS deducted, but the same amount is not in Form 26AS.
Reason: The deductor (employer, bank) may have filed an incorrect TDS return, used a wrong PAN, or deposited the TDS but not filed the return.
Fix: Contact your employer or bank immediately. Ask them to file a correction in their quarterly TDS return (Form 24Q for salary, Form 26Q for non-salary). Once corrected and processed, the entry will appear in Form 26AS. This process can take 10 to 15 working days.
Rule: Do not claim TDS that is not in Form 26AS, even if it appears in AIS. Wait for the correction to reflect in Form 26AS before filing your ITR.
Mismatch Between AIS and Your Own Records
Situation: An amount in AIS is wrong, belongs to someone else, or is a duplicate entry.
Fix: Submit feedback directly in the AIS portal. Here is how:
- Go to the AIS section on the e-filing portal (Services → Annual Information Statement)
- Click on the specific transaction that is incorrect
- Click the feedback button
- Choose the appropriate reason: “Information is not correct,” “Information relates to other PAN/Year,” “Information is duplicate,” or “Information is denied”
- Submit the feedback
After your feedback is accepted, the modified value updates in AIS and the processed value updates in TIS. The IT Department also notifies the reporting entity to review and confirm the change.
Importantly: You can still file your ITR using the correct figures from your own records (salary slips, bank statements, broker statements) even if the AIS feedback has not been fully processed. File based on what is correct, not what AIS incorrectly shows.
Mismatch Between AIS and TIS
Situation: The category total in TIS does not match the individual transactions you see in AIS.
Reason: TIS de-duplicates AIS entries. Some transactions may have been marked as duplicate through the feedback mechanism, reducing the TIS total. Or TIS may be updated more recently than AIS.
Fix: Review all individual AIS entries in that category, check for duplicates you may have flagged, and verify the TIS total reflects the correct aggregate.
When AIS Shows Income You Did Not Know About
This is increasingly common because AIS captures data from many sources. Possible situations:
- Bank reported FD interest you forgot to track
- A company credited dividend that went unnoticed
- A mutual fund redemption was reported that you had forgotten about
Action: Do not ignore it. Verify against your own bank statements and investment records. If it is correct income you forgot to report, include it in your ITR. If it is genuinely not yours, submit AIS feedback with the “Not related to me” reason.
The Income Tax Department’s automated cross-matching systems (including systems like Kar Saathi) flag discrepancies between ITR-declared income and AIS-reported income. If you declare significantly less than what AIS shows without an explanation, a notice is likely.
Section 5: How to Access All Three Statements
Here is where to find each document on the Income Tax e-filing portal (incometax.gov.in):
- Form 26AS: Log in → e-File → Income Tax Returns → View Form 26AS → Accept disclaimer on TRACES → Select AY → Download
- AIS: Log in → Services → Annual Information Statement (AIS) → Select FY 2025-26 → View AIS → Download as PDF (password: PAN number in uppercase + date of birth DDMMYYYY)
- TIS: Same page as AIS. On the AIS dashboard, TIS appears as a tab alongside AIS. It shows category-wise totals and the derived values used for pre-filling.
Recommended order of use:
- Download and verify Form 26AS first. Fix any TDS discrepancies.
- Review AIS. Correct all errors using the feedback mechanism.
- Check TIS. Confirm the aggregated values match your own records.
- Open and fill your ITR using your correct figures, cross-verifying against TIS.
For a complete walkthrough of the actual ITR filing process, see our guide on how to file your ITR online.
Important: Form 26AS Is Becoming Form 168
Under the Income Tax Act, 2025 (effective from 1 April 2026), Form 26AS is renamed Form 168 under the new rules framework. For AY 2026-27 (returns due 31 July 2026 for FY 2025-26 income), Form 26AS still applies in full. Form 168 will replace it for Tax Year 2026-27 returns filed in 2027. AIS and TIS continue unchanged alongside Form 168.
Frequently Asked Questions
1. Which should I trust if Form 26AS and AIS show different amounts?
For TDS credit purposes, always trust Form 26AS. You can only claim TDS that appears in Form 26AS, not what AIS shows. For income verification, AIS is more comprehensive. If the two disagree on a TDS entry, contact the deductor to file a correction. If they disagree on an income amount, check your original source document (bank statement, salary slip, broker note) and raise AIS feedback for any incorrect entries. File your ITR based on the correct figures from your own records.
2. Does AIS show my savings account interest automatically?
Yes. Banks report interest paid or credited above ₹5,000 per year to the Income Tax Department through Statement of Financial Transactions (SFT) filings. This appears in AIS under “Interest from Savings Account.” Cross-check the AIS figure against your bank passbook or interest certificate. If the bank paid you ₹3,200 in savings interest and ₹4,500 in FD interest in separate accounts, the savings interest may not appear (below ₹5,000 threshold) but the FD interest will. Always report all interest in your ITR, whether or not it appears in AIS. For context on when banks issue TDS certificates on interest, see our income tax slabs guide.
3. Can I get an income tax notice if AIS shows income I did not declare?
Yes. The Income Tax Department’s automated systems cross-match AIS-reported income with ITR-declared income. If AIS shows ₹80,000 in FD interest but your ITR declares nothing under interest income, the system will flag the discrepancy. You may receive an intimation under Section 143(1)(a) asking you to reconcile or pay the difference. Always reconcile AIS with your ITR before filing.
4. What if AIS shows a transaction that belongs to someone else?
Submit AIS feedback with the reason “Information is not related to me” or “Information relates to other PAN/year.” The department will contact the reporting entity to verify. Do not include that income in your ITR, but do submit the feedback to prevent the discrepancy from flagging during processing.
5. Should I wait for all TDS entries to appear in Form 26AS before filing?
Yes, where possible. Q4 TDS returns (January to March) are due from deductors by 31 May 2026. After processing, they appear in Form 26AS by early to mid-June. Filing before June means some TDS credits may not yet be reflected. For the 31 July 2026 deadline, filing after 15 June gives you the most complete picture. If you need to file earlier (for example, to apply for a loan), note that you can file a revised return before 31 December 2026 if any TDS credit is missed.
6. Can I use TIS alone to fill my ITR without checking AIS?
No. TIS is derived from AIS and is a summary view only. If AIS has errors, TIS will carry those errors forward. Always review the underlying AIS transactions before relying on TIS totals. TIS is a cross-check tool, not a primary source.
7. How often is AIS updated?
AIS is updated by the Income Tax Department as reporting entities file their returns. Banks file SFTs annually by 31 May. TDS returns are filed quarterly. Brokers and stock exchanges report transactions periodically. AIS for FY 2025-26 should be substantially complete by mid-June 2026, though some entries may trickle in later. If you notice a recent transaction missing in AIS in April or May, wait a few weeks before assuming it is not there.
Sources: Income Tax Department, Government of India: Annual Information Statement (AIS) Guide; ClearTax: New Annual Information Statement (AIS); TaxGarden: AIS vs Form 26AS vs TIS for AY 2026-27; TaxSocial: Form 26AS vs AIS vs TIS: Differences and Mismatches, May 2026.
This article is for general information only and does not constitute tax advice. For complex situations, consult a Chartered Accountant before filing.
