How to download AIS and TIS for PPFAS reconciliation

Sun, 17 May 2026 00:00:00 +0000

The Annual Information Statement (AIS) is the Income Tax department’s PAN-aggregated record of financial transactions reported by source entities (banks, AMCs, stockbrokers, employers) under the Statement of Financial Transactions (SFT) framework. The Taxpayer Information Summary (TIS) is a derived simplified summary. For ITR purposes, both matter: the e-filing portal pre-fills certain Schedule entries from the AIS, the Income Tax department scrutiny rules treat material AIS-versus-ITR mismatches as a trigger, and the TIS is what the assessment officer sees first.

How to reconcile AIS with the PPFAS capital-gains statement for ITR

Sun, 17 May 2026 00:00:00 +0000

The two documents should agree on every PPFAS transaction in the FY. The PPFAS-issued Capital Gains Statement is the AMC’s authoritative record; the AIS is what the Income Tax department sees from AMC SFT submissions. In practice they often disagree, for predictable reasons: AMC SFT reporting lags the FY-end, AIS aggregates may exclude certain switches or IDCW reinvestments, the AIS may classify a transaction under a different head than the AMC, or a stale entry from a prior FY may have rolled forward.

AIS on WebNotes

How to download AIS and TIS for PPFAS reconciliation

How to reconcile AIS with the PPFAS capital-gains statement for ITR