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Annual Information Statement

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Keerthika

Student

22 Points Posted on 14 November 2021

Is there any deadline for filing AIS ?
Also are we allowed to file returns for AY 22-23 without filing AIS ?

Replies (6)

Quick Summary

The Annual Information Statement (AIS) is automatically generated based on taxpayer information, meaning you don't directly file it. While you can submit your tax return without filing the AIS, doing so might lead to discrepancies later, requiring a revised return and extra work. It's advisable to ensure your return aligns with the AIS to avoid future complications.

CMA Poornima Madhava

CMA

13117 Points Posted on 14 November 2021

AIS is generated on the basis of information related to a taxpayer like 26AS. In other words, taxpayers themselves don't file AIS.

Yes, you may file return without AIS but later if any discrepancy w.r.t.AIS, then we have to revise return. Extra work in this case.

For more info on AIS, refer https://youtu.be/weZAbcdeal0

CA. Sourav Sarkar

Chartered Accountant

24588 Points Posted on 14 November 2021

Agree with poornima ji

sabyasachi mukherjee

Profession

28271 Points Posted on 14 November 2021

I totally disagree with poor Nima.
first an assesse is supposed to file returns after the end of the relevant previous year.After the end of relevant previous year the due date is there. Returns are filed. Datas are automatically updated in 26AS.in case the datas are not updated. We can raise an intimation to the AO.