New Delhi: With a view to serving to taxpayers get a complete view of tax-related data, the earnings tax division on Monday rolled out a brand new annual data assertion (AIS) on its portal that will provide you with an choice to submit suggestions as nicely.
What data is accessible on AIS?
The brand new AIS will present further data associated to curiosity, dividend, securities transactions, mutual fund transactions, and international remittance data. The brand new AIS additionally offers for a simplified taxpayer data abstract (TIS), which exhibits the aggregated worth for the taxpayer for the convenience of submitting returns.
It’s to be famous that till the entire operationalisation of the brand new AIS, Type 26AS will stay accessible on the TRACES portal. As soon as the taxpayer submits suggestions on AIS, the derived data in TIS will robotically get up to date in real-time and used for pre-filling of return which shall be carried out in a phased method.
Earnings Tax Dept rolls out the brand new Annual Data Assertion(AIS) on the Compliance Portal. It offers a complete view of data to taxpayer, with facility to seize on-line suggestions. Click on on hyperlink ‘AIS’ beneath the ‘Providers’ tab on https://t.co/GYvO3n9wMf to entry. pic.twitter.com/Ub4EAgmkLq
— Earnings Tax India (@IncomeTaxIndia) November 1, 2021
“The taxpayers are requested to view the knowledge proven in annual data assertion (AIS) and supply suggestions if the knowledge wants modification,” the Central Board of Direct Taxes (CBDT) mentioned. In case you could have filed the earnings tax and a few data has not been included within the ITR, the return could also be revised to replicate the proper data as proven in TIS.
“In case there’s a variation between the TDS/TCS data or the main points of tax paid as displayed in Type 26AS on TRACES portal and the TDS/TCS data or the knowledge referring to tax fee as displayed in AIS on compliance portal, the taxpayer could depend on the knowledge displayed on TRACES portal for the aim of submitting of ITR and for different tax compliance functions,” it added.
This is The right way to obtain the Annual Data Assertion (AIS)
Log in to the e-filing portal (https://eportal.incometax.gov.in/iec/foservices/#/login) utilizing your PAN or Aadhaar and your password.
Transfer to the ‘Providers’ part on the prime menu and click on on ‘Annual Data Assertion (AIS)’.
Then click on on ‘Proceed’ and click on on the obtain button within the AIS tab
Choose both the PDF or the JSON possibility and click on on ‘Obtain’
Click on on the PDF and enter the password to open the doc
Keep in mind the password will likely be your PAN and your date of delivery. As an example, in case your PAN is ABCDE1234F and your DoB id 01/01/1978 then the password to open the doc will likely be ABCDE1234F01011978.
After getting into the password, you may view all the main points in your AIS. Should you discover any discrepancy within the AIS or the TIS then you may submit on-line suggestions and the identical will likely be up to date.
(With inputs from the PTI)