# ais
4 posts in `ais` tag
Avoid Tax Notice: How to Manage Changes and Amend Returns After Submitting Tax Return
The Annual Information Statement (AIS) was introduced in March 2023 alongside the e-verification scheme, and it has become a key component of the ITR filing process.
ITR Filing 2023: AIS vs. Form 26AS - A Comparative Analysis for Choosing Your ITR Filing Method
While AIS provides a more extensive view of income from various sources, Form 26AS focuses solely on TDS and TCS information. It is advisable to refer to both AIS and Form 26AS during ITR filing since they serve distinct purposes.
Union Budget 2023: PM Narendra Modi Praised The budget Of Amrit Kaal
Prime Minister Narendra Modi on 1st Feb of 2023 praised the First budget of ''Amrit Kaal'' and tweeted “This will construct a robust foundation for building a developed India. Adding more in his words "This budget will fulfill dreams of aspirational society, poor people, middle-class people, and farmers,”.
New Annual Information System form 26AS
Finance Act, 2020 (Budget 2020-2021) and amendment, inserts new Rule 114-I, had introduced a New section 285 BB in THE INCOME TAX ACT 1961 TO IMPLEMENT REVISED FORM 26 AS (Annual Information System).