ITR Filing 2025: Why Checking Annual Information Statement Can Save You A Tax Notice | Tax News

Last Updated:July 20, 2025, 13:26 IST

The Annual Information Statement (AIS) by India’s Income Tax Department boosts transparency for AY 2025-26, aiding accurate ITR e-filing. The deadline is September 15, 2025.

ITR filing 2025: Tax department has extended the deadline to September 15, 2025.

Income Tax Filing 2025: The Annual Information Statement (AIS) is a vital tool introduced by the Income Tax Department of India to enhance transparency and simplify tax compliance for the Assessment Year (AY) 2025-26. Unlike Form 26AS, which primarily details Tax Deducted at Source (TDS) and Tax Collected at Source (TCS), AIS offers a broader view of a taxpayer’s financial transactions. It includes income from salaries, interest, dividends, stock and mutual fund transactions, foreign remittances, and high-value purchases, making it essential for accurate Income Tax Return (ITR) e-filing.

The tax department has released Excel-based utilities for all four ITR forms. The online filing is available for ITR-1, ITR-2 and ITR-4 now. The deadline for ITR filing for FY 2024-25 (AY 2025-26) is September 15, 2025, extended from July 31, 2025.

Before filing your returns, it’s important to check AIS status for verification and report any discrepancy.

How to Check AIS Status

Taxpayers can access AIS through the Income Tax Department’s e-filing portal (www.incometax.gov.in) (www.incometax.gov.in). After logging in with PAN or Aadhaar and password, navigate to the ‘Services’ tab, select ‘Annual Information Statement (AIS),’ and click ‘Proceed’ to view the AIS portal. Alternatively, go to the e-File menu, select ‘Income Tax Return,’ and choose ‘View AIS.’ AIS displays both reported and modified values, allowing taxpayers to verify data against their records.

AIS Password

To download AIS in PDF format, a password is required, which is the taxpayer’s PAN in lowercase followed by their date of birth in DDMMYYYY format (e.g., abcde1234h01011990 for PAN ABCDE1234H and DOB January 1, 1990).

Submitting Feedback

AIS allows taxpayers to report discrepancies via the feedback mechanism. On the AIS portal, select the transaction, click the ‘Optional’ button in the Feedback column, choose the relevant feedback option, and submit. Upon successful submission, an Acknowledgment Receipt is generated, and updates are reflected in the Taxpayer Information Summary (TIS).Verifying AIS before filing ITR ensures accuracy, minimizes errors, and prevents notices from the tax department for mismatches.

Varun Yadav

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More

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