Thursday, June 26, 2025

What is Form 26AS, AIS and TIS in income tax?

Taxpayers must review Form 26AS, AIS, and TIS before filing income tax returns. The Annual Information Statement (AIS) offers a detailed view of earnings, taxes, and investments, allowing taxpayers to provide feedback. Form 26AS displays tax-related details like TDS and TCS, while the Taxpayer Information Summary (TIS) provides a category-wise summary of financial data.

from Tax-Wealth-Economic Times https://ift.tt/hqymMps

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