What is AIS and TIS?

Annual Information Statement (AIS)

The AIS is a comprehensive statement containing details of all the financial transactions undertaken by you in a financial year (FY). It contains the information relating to income earned from various sources such as salary, dividend, interest from savings account, recurring deposits, sale and purchase of equity shares, bonds, mutual funds etc. The statement also contains information related to TDS, TCS.

Taxpayer Information Statement (TIS)

The TIS is a generation of Taxpayer Information available in AIS in a simplified format. TIS contains category-wise aggregated information summary for a taxpayer. It shows processed value (i.e., the value generated after processing of information) and derived value (i.e., the value derived after considering the taxpayer feedback and processed value) under each information category (e.g., Salaries, Interest, Dividend etc.).

Objective Of AIS

The objective of AIS is

(i) Provide comprehensive tax information to the taxpayer

(ii) Promote voluntary compliance and enable seamless prefiling of return.

Salient Features Of AIS

• Inclusion of various detailed information about the taxpayer. (Interest, dividend, securities transactions, mutual fund transactions, foreign remittance information etc.)
• AIS can be download information in PDF, JSON, CSV file formats.
• AIS allows taxpayers to submit feedback about information stated inAIS in both online and offline mode.
• Income tax department will launch AIS Mobile Application to enable taxpayer to view AIS and upload feedback through mobile phone.
• The PDF is password protected. The password to access the downloaded PDF is a combination of your PAN in CAPS with date of birth (DDMMYYYY)

Content Of AIS

The taxpayer’s information contained in AIS are divided into two parts

Part A- It contains general information relating to the taxpayer

• PAN number,
• Last 4 digits of Aadhaar Number
• Name of the Assessee,
• Date of Birth/ Incorporation/ Formation
• Mobile number,
• E-mail address
• Address of Taxpayer

Part B - It contains tax related information including

• TDS/TCS Information: Information related to information code, information description, information source, count and amount.
• SFT Information: SFT Information received from reporting entities under Specified Financial Transaction (SFT). For example salary, interest, dividend, foreign remittance etc.
• Payment of Taxes: Information relating to payment of taxes from different heads are displayed here. For example, Advance Tax, Self-Assessment Tax paid through challan to Bank.
• Demand and Refund: Details of the demand raised (AY, demand under section, amount and demand status) and refund initiated (AY and amount) to them during a financial year
• Other Information: Any other information as given under sub-rule (2) of rule 114-I. 

Content Of Taxpayer Information Statement (TIS) 

TIS is the lowest level of information displayed in Annual Information Statement (AIS). It is classified into two parts

Part A - It contains general information relating to the taxpayer

• PAN number,
• Last 4 digits of Aadhaar Number
• Name of the Assessee,
• Date of Birth/ Incorporation/ Formation
• Mobile number,
• E-mail address
• Address of Taxpayer

Part B - It contains information description, information source amount description, reported value processed value, derived value of various sources (Salary, Dividend  Interest from income tax refund, sale of securities and units of mutual fund, Off market credit transactions, Purchase of securities and units of mutual funds).

Procedure to Download AIS or TIS

For AIS :

1. Go to the URL: https://www.incometax.gov.in/ and log in using your credentials.
2. Once logged in, locate the e-File menu and click on it.
3. From the dropdown options, select "Income Tax Return."
4. In the subsequent options, choose "View AIS" (Annual Information Statement).
5. Click on the "Proceed" button, which will redirect you to the AIS portal.
6. On the AIS portal, locate the AIS tile and click on it.
7. This action will display the Annual Information Statement, allowing you to view the relevant information.

For TIS :

1. Log in to the Income tax portal.
2. Navigate to the 'services' section.
3. Select 'Annual Information Statement' from the options.
4. Click on 'Proceed' and then access the 'AIS' tab.
5. On the next page, choose 'Taxpayer Information Statement'.
6. Click on the 'Download' tab to view the relevant information.

What is AIS or TIS PDF Password?

If you come across a PDF file that is password protected, unlocking it may require entering a specific password. The password format varies depending on the type of taxpayer. For a non-individual taxpayer, use the password format: PAN (lowercase) + Date of incorporation/formation (DDMMYYYY). For individual taxpayers, the password consists of the Permanent Account Number (PAN) in lowercase letters and the date of birth in the format DDMMYYYY, without any spaces. For instance, if the PAN is AAAAA1234A and the date of birth is 28th Jun 1992, the password would be "aaaaa1234a28061992." This password format ensures that only authorized individuals with the correct PAN and relevant date of birth can access the AIS or TIS.