ITR filing alert: More than 5 crore taxpayers have checked this statement. Have you?
With the ITR filing deadline nearing, taxpayers are busy gathering documents. But before you file your return, the Income Tax Department wants you to complete one simple step, one that over 5 crore taxpayers have already taken.
If you're getting ready to file your Income Tax Return (ITR), you've probably found yourself switching between bank statements, dividend records, Form 16, investment reports and tax documents. It can be difficult to keep track of everything, and missing even a small income detail could lead to mistakes in your tax return.
To help taxpayers avoid such issues, the Income Tax Department has once again reminded people to check their Annual Information Statement (AIS) before filing their ITR. In a post on X, the department said that more than 5 crore taxpayers have already viewed their AIS and urged others to reconcile the details before clicking the 'File ITR' button.
The Income Tax Department said many taxpayers struggle to collect information from different sources while filing their ITR. Interest earned on savings accounts or fixed deposits may be reflected in bank records, dividend income comes from another source, while details of certain high-value financial transactions may be available elsewhere.
The department said the easiest way to bring all this information together is by checking the Annual Information Statement.
WHY IS AIS IMPORTANT?
Along with the post, the department also shared a short video explaining why taxpayers should begin the filing process by reviewing their AIS.
The Annual Information Statement, or AIS, is a detailed record of a taxpayer's financial transactions available on the Income Tax portal.
Unlike Form 26AS, which mainly reflects tax deducted at source (TDS), tax collected at source (TCS) and certain tax payments, AIS provides a much wider picture of your financial activity.
It includes information such as interest income, dividend income and various high-value financial transactions reported to the tax department.
Because of this, AIS can act as an additional check before filing an ITR and help taxpayers identify any income that may have been left out.
The Income Tax Department said over 5 crore taxpayers have already accessed their Annual Information Statement.
WHAT IF YOU FIND INCORRECT INFORMATION?
The department has also reminded taxpayers that they need not ignore incorrect entries in their AIS.
If any transaction appears incorrect, duplicated or does not belong to you, you can submit online feedback through the Income Tax portal. This allows taxpayers to flag discrepancies before filing their return.
HOW TO ACCESS YOUR AIS
The department said the process is simple. Taxpayers need to log in to the Income Tax e-filing portal and select the View AIS option. They should compare the information shown in the statement with their own financial records and report any incorrect entries through the online feedback feature.
In other words, with the July 31, 2026 deadline for filing ITR-1 and ITR-2 approaching, the Income Tax Department has advised taxpayers to make AIS verification a part of their filing process.
Reviewing and reconciling the statement before submitting your return can help ensure that the information reported in your ITR matches the records available with the tax department, making the filing process smoother and reducing the likelihood of future mismatches or notices.
If you're getting ready to file your Income Tax Return (ITR), you've probably found yourself switching between bank statements, dividend records, Form 16, investment reports and tax documents. It can be difficult to keep track of everything, and missing even a small income detail could lead to mistakes in your tax return.
To help taxpayers avoid such issues, the Income Tax Department has once again reminded people to check their Annual Information Statement (AIS) before filing their ITR. In a post on X, the department said that more than 5 crore taxpayers have already viewed their AIS and urged others to reconcile the details before clicking the 'File ITR' button.
The Income Tax Department said many taxpayers struggle to collect information from different sources while filing their ITR. Interest earned on savings accounts or fixed deposits may be reflected in bank records, dividend income comes from another source, while details of certain high-value financial transactions may be available elsewhere.
The department said the easiest way to bring all this information together is by checking the Annual Information Statement.
WHY IS AIS IMPORTANT?
Along with the post, the department also shared a short video explaining why taxpayers should begin the filing process by reviewing their AIS.
The Annual Information Statement, or AIS, is a detailed record of a taxpayer's financial transactions available on the Income Tax portal.
Unlike Form 26AS, which mainly reflects tax deducted at source (TDS), tax collected at source (TCS) and certain tax payments, AIS provides a much wider picture of your financial activity.
It includes information such as interest income, dividend income and various high-value financial transactions reported to the tax department.
Because of this, AIS can act as an additional check before filing an ITR and help taxpayers identify any income that may have been left out.
The Income Tax Department said over 5 crore taxpayers have already accessed their Annual Information Statement.
WHAT IF YOU FIND INCORRECT INFORMATION?
The department has also reminded taxpayers that they need not ignore incorrect entries in their AIS.
If any transaction appears incorrect, duplicated or does not belong to you, you can submit online feedback through the Income Tax portal. This allows taxpayers to flag discrepancies before filing their return.
HOW TO ACCESS YOUR AIS
The department said the process is simple. Taxpayers need to log in to the Income Tax e-filing portal and select the View AIS option. They should compare the information shown in the statement with their own financial records and report any incorrect entries through the online feedback feature.
In other words, with the July 31, 2026 deadline for filing ITR-1 and ITR-2 approaching, the Income Tax Department has advised taxpayers to make AIS verification a part of their filing process.
Reviewing and reconciling the statement before submitting your return can help ensure that the information reported in your ITR matches the records available with the tax department, making the filing process smoother and reducing the likelihood of future mismatches or notices.
If you're getting ready to file your Income Tax Return (ITR), you've probably found yourself switching between bank statements, dividend records, Form 16, investment reports and tax documents. It can be difficult to keep track of everything, and missing even a small income detail could lead to mistakes in your tax return.
To help taxpayers avoid such issues, the Income Tax Department has once again reminded people to check their Annual Information Statement (AIS) before filing their ITR. In a post on X, the department said that more than 5 crore taxpayers have already viewed their AIS and urged others to reconcile the details before clicking the 'File ITR' button.
The Income Tax Department said many taxpayers struggle to collect information from different sources while filing their ITR. Interest earned on savings accounts or fixed deposits may be reflected in bank records, dividend income comes from another source, while details of certain high-value financial transactions may be available elsewhere.
The department said the easiest way to bring all this information together is by checking the Annual Information Statement.
WHY IS AIS IMPORTANT?
Along with the post, the department also shared a short video explaining why taxpayers should begin the filing process by reviewing their AIS.
The Annual Information Statement, or AIS, is a detailed record of a taxpayer's financial transactions available on the Income Tax portal.
Unlike Form 26AS, which mainly reflects tax deducted at source (TDS), tax collected at source (TCS) and certain tax payments, AIS provides a much wider picture of your financial activity.
It includes information such as interest income, dividend income and various high-value financial transactions reported to the tax department.
Because of this, AIS can act as an additional check before filing an ITR and help taxpayers identify any income that may have been left out.
The Income Tax Department said over 5 crore taxpayers have already accessed their Annual Information Statement.
WHAT IF YOU FIND INCORRECT INFORMATION?
The department has also reminded taxpayers that they need not ignore incorrect entries in their AIS.
If any transaction appears incorrect, duplicated or does not belong to you, you can submit online feedback through the Income Tax portal. This allows taxpayers to flag discrepancies before filing their return.
HOW TO ACCESS YOUR AIS
The department said the process is simple. Taxpayers need to log in to the Income Tax e-filing portal and select the View AIS option. They should compare the information shown in the statement with their own financial records and report any incorrect entries through the online feedback feature.
In other words, with the July 31, 2026 deadline for filing ITR-1 and ITR-2 approaching, the Income Tax Department has advised taxpayers to make AIS verification a part of their filing process.
Reviewing and reconciling the statement before submitting your return can help ensure that the information reported in your ITR matches the records available with the tax department, making the filing process smoother and reducing the likelihood of future mismatches or notices.
