50 Transactions to be reported in New Annual Information Statement (AIS).

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Saturday, April 9, 2022

Dear all,

Your association SIMA is in receipt of a message regarding 50 Transactions to be reported in New Annual Information Statement (AIS).

The Income Tax Department has announced the roll-out of a new statement namely the 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). The new AIS statement will provide comprehensive information about the taxpayer and will be significantly useful while preparing the tax return. The information will be provided in AIS after removing duplicate information and taxpayers can download such information in PDF, JSON and CSV formats.

To view the message, PLEASE CLICK HERE.

This is for your kind information.

Thanking You,
With regards,

For Silvassa Industries & Manufacturers Association

Narendra Trivedi
Secretary