Form 26AS and AIS: How to Read Your Tax Statements

Before you file your return, the income tax department already has a picture of your finances — in Form 26AS and the Annual Information Statement (AIS). Reading them first is the smartest thing you can do to avoid a notice.

Form 26AS

This is your tax passbook. It shows TDS deducted on your income, advance tax and self-assessment tax paid, and refunds. If TDS was deducted but doesn't appear here, your credit is at risk.

AIS — the fuller picture

The AIS is broader — it captures interest, dividends, securities transactions, property deals and more, gathered from various reporting entities. It's essentially what the department "sees" about you.

Why read them before filing

• Match your return to 26AS/AIS so there are no mismatches (a top trigger for notices).
• Catch missing TDS credits and get them corrected.
• Spot income you forgot to report — or incorrect entries to flag.

Ten minutes with your 26AS and AIS before filing saves hours of dealing with a mismatch notice later. Always reconcile first, file second.

This article is for general information based on rules current at the time of writing and is not professional advice. Rules change — confirm specifics with a GovYapar expert before acting.