CBDT Authorises DGIT (Systems) to Upload Global Financial Information in AIS Under Income Tax Act, 2025



Quick Summary
The Central Board of Direct Taxes (CBDT) has authorised the Director General of Income-tax (Systems) to upload financial information received from overseas under the Automatic Exchange of Information (AEOI) framework into taxpayers' Annual Information Statement (AIS). This move aims to enhance transparency of foreign financial dealings, encourage voluntary tax compliance, and improve the detection of undeclared foreign assets. Taxpayers are advised to regularly check their AIS for any uploaded foreign financial data and reconcile it with their tax returns.

The Central Board of Direct Taxes (CBDT) has issued an order authorising the Director General of Income-tax (Systems), Delhi, to upload information received under the Automatic Exchange of Information (AEOI) framework into taxpayers' Annual Information Statement (AIS). The order, issued by the Ministry of Finance, Department of Revenue, is dated 8 July 2026 and has been passed under Section 239 of the Income-tax Act, 2025, read with Rule 245(2) of the Income-tax Rules, 2026. What the CBDT Or
Daily Limit Reached

You have reached your daily limit of 2 Free News

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?
  • No Ads
  • WhatsApp Community
  • Daily E-Newsletter
  • Unlimited News Access
  • Profile Visitors
  • Link Social Profiles
  • Featured Job Posts
  • Pro Badge
  • Expert GST Guidance
  • Unlimited Forum Replies
  • Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)

2 Years PLAN
3499
(Excl. of GST ₹629)

BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)

View all CCI PRO benefits

Already a PRO member? Login here for an ad-free experience. 011-411-70713

FAQ :

The Director General of Income-tax (Systems), Delhi, has been authorised by the CBDT to upload this information.

The AIS is a statement where financial information relevant to taxpayers is compiled, and now it will include data received through international tax information-sharing agreements.

The AEOI framework allows India to receive financial account information from foreign countries under international tax information-sharing agreements.

The information must be uploaded within 90 days from the end of the month in which it is received by the Director General of Income-tax (Systems).

Taxpayers should regularly review their AIS, check for any uploaded foreign financial information, and reconcile it with their income tax returns to prevent future discrepancies.




News posted by

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

Comments :


More »

Popular News





CCI Pro



Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details