Password to Open Annual Information Statement (AIS)

Password to Open Annual Information Statement (AIS)

Reetu | Nov 13, 2021 |

Password to Open Annual Information Statement (AIS)

Password to Open Annual Information Statement (AIS)

AIS is more comprehensive than the existing form 26AS, which only provides information on Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) (TCS). AIS can be downloaded by Login in to Income Tax E-filing Portal using your Pan or Aadhad and your Password. Step by Step process is given below in order to Download your AIS. After you have downloaded the AIS in PDF format it will ask you to Provide the Password in order to open the file. Password to open the document is also given below.

Log in to the e-filing portal (https://eportal.incometax.gov.in/iec/foservices/#/login) using your PAN or Aadhaar and your password.

Move to the ‘Services’ section at the top menu and click on ‘Annual Information Statement (AIS)’.

Then click on ‘Proceed’ and click on the download button in the AIS tab

Select either the PDF or the JSON option and click on ‘Download’

Click on the PDF and enter the password to open the document

Remember the password will be your PAN and your date of birth. For Example, if your PAN is ABCDE1234F and your DoB id 11/12/1993 then the password to open the document will be ABCDE1234F11121993

After entering the password, you can view all the details in your AIS. If you find any discrepancy in the AIS or the TIS then you can submit online feedback and the same will be updated.

You May Also Refer: Income Tax Department rolls out new Annual Information Statement

Annual Information Statement (AIS)

  • AIS is more comprehensive than the existing form 26AS, which only provides information on Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) (TCS).
  • It is a single reference document for taxpayers that contains complete and detailed information on salary, dividend, interest from savings accounts and deposits, securities and mutual fund transactions, off-market debt transactions, foreign remittances, and so on. In addition to AIS, a simplified Taxpayer Information Summary (TIS) that provides an overall view of the financial transactions can be downloaded.
  • It gives a glimpse of transactions done in advance, which reduces the likelihood of inquiries and notices from the department, even for minor errors.

What to do if I have already filed my ITR for FY 2020-21?

  • If you have already filed an ITR for the financial year 2020-2021, you should double-check the information with AIS to ensure that there is no income mismatch.
  • In case there is a mismatch, you should revise your ITR so as to avoid getting notices from department.
  • AIS is a comprehensive database already present with the department. It is a proof that you cannot hide anything from the Income Tax Department.

You May Also Refer: Check your Annual Information Statement before filing your Income Tax Return

What if the Information present in AIS is wrong?

Taxpayers must review their AIS on a regular basis. If they believe incorrect information has been reported in their AIS, they should contact the reporting entity immediately and keep all necessary documentation to prove that the incorrect transaction reported in their AIS does not belong to them.

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