mopaplease.blogg.se - Income tax 26as statement traces

AIS will display both reported value and modified value (i.e., value after considering taxpayer feedback) under each section. In case there is variation between TDS/ TCS information between Form 26AS and AIS, taxpayer should rely on the information in Form 26AS.ĪIS also comes with a facility for the taxpayer to provide feedback using AIS utility on active information displayed under TDS/TCS information, SFT information or other information. Though AIS is now available on the income tax portal, currently Form 26AS will continue to be available on TRACES website. TIS will display summarized information and values for taxpayers. The information in AIS will be used to generate a simplified Taxpayer Information Summary (TIS).

Other information: This tab will display information collected for other sources like details of annexure II of salary, interest on tax refund, etc.

This tab is also expected to display details relating to demand however, this facility has not been released yet.

Demand and refund: This tab will display refund details like nature of refund, amount of refund, etc.

Payment of taxes: This tab will include details of taxes paid under different heads.

Statement of financial transaction (SFT) information: This tab displays financial transactions like interest from savings bank account, interest from deposits, dividend received from securities/mutual funds, etc.