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Annual Information Statement vs Form 26AS: Now get more information at one place to file ITR

Annual Information Statement vs Form 26AS: Now get more information at one place to file ITR

The Income Tax Department has announced the roll-out of a new statement – Annual Information Statement (AIS) – which would provide you with almost all details about your financial transactions during the year.

So far, the Income Tax Department has been issuing Form 26AS to provide information related to taxable income and tax deducted at source (TDS), which will now be replaced with the Annual Information Statement (AIS).

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