ITR Filing 2025: AIS and TIS Now Updated With GST Turnover up to March 2025

Before filing your income tax return, it is important to check a few key documents, including AIS and TIS. These records give you a complete view of your income, the taxes already paid, your investments, and any large financial transactions.

The AIS (Annual Information Statement) provides you with a more complete and detailed view of your financial activities compared to what is given in Form 26AS. It includes information like tax deducted at source (TDS), large value transactions, and other relevant details. Taxpayers can submit feedback to the income tax portal if they find any errors in the information shown in Form 26AS. The AIS will then display both the original amount reported and the updated one after considering your feedback.

The TIS (Taxpayer Information Summary), on the other hand, provides you with a simplified, category-wise overview of your financial information, including your salary, interest earned, or dividends. It displays two types of values. one is processed by the system, which is generated after the duplication based on predefined rules. The other is the value accepted by the taxpayer, which is the derived value after considering the taxpayer’s feedback and the value processed by the system.

AIS and TIS on the Income Tax Portal now will include the details of your GST turnover up to March 2025. Taxpayers and professionals must verify this information before starting ITR filing to avoid any errors or mismatches.