Thursday, March 23, 2023

AIS Annual Information Statement Mobile App from Income Tax Dept of India for Tax Payers - Get Details

Income Tax Department of India has launched AIS Mobile App for Tax Payers in India. Annual Information Statement Mobile App Login Sign up Process for Tax Payers - Know the Details.  Annual Information Statement (AIS) is comprehensive view of information for a taxpayer displayed in Form 26AS. Taxpayer can provide feedback on information displayed in AIS. AIS shows both reported value and modified value (i.e., value after considering taxpayer feedback) under each section (i.e., TDS, SFT, Other information). 



Salient Features of AIS are:
  • Inclusion of new information (interest, dividend, securities transactions, mutual fund transactions, foreign remittance information etc.)
  • Use of Data Analytics to populate PAN in non-PAN data for inclusion in AIS.
  • Deduplication of information and generation of a simplified Taxpayer Information Summary (TIS) for ease of filing return (pre-filling will be enabled in a phased manner).
  • Taxpayer will be able to submit online feedback on the information displayed in AIS and also download information in PDF, JSON, CSV file formats.
  • AIS Utility will enable taxpayer to view AIS and upload feedback in offline manner.
  • AIS Mobile Application will enable taxpayer to view AIS and upload feedback on mobile.

Key components/functions available on AIS homepage

  1. General information: User can view their details (Name and PAN) on the Mobile Home Screen.
  2. AIS Tile: User can view Taxpayer Information Summary (TIS) and Annual Information Statement (AIS) within this tile.
  3. Left Menu: User can view quick access options (Help Menu, User Manual, Contact Us, Share App) in the left menu. (Refer AIS Mobile App Left Menu)
  4. Activity History Tab: User can check list of activities performed by taxpayer through this tab. (Refer Activity History)
  5. Chatbot: User can post queries on the chatbot and can get instant replies/ resolution based on the frequently asked questions. (Refer Chatbot)

How to Register on AIS Mobile App
Once the AIS mobile application is downloaded and installed on device, user can register on the same by following the steps below. User needs to ensure that they are already registered on e-filing portal.

Step 1: On opening the app first time, onboarding screens will be visible from which user can scroll through by tapping “Next” or skip the screens by tapping “Skip”.
Step 2: Tap on “Get Started” available on the last onboarding screen.
Step 3: Enter PAN and Date of Birth/ Incorporation/Formation to get started with verification. Provide consent through the checkbox to the terms and conditions to initiate the verification process.
Step 4: Enter primary mobile number and primary email address (same as per e-filing portal).
Step 5: Pop up will appear. Click on “Confirm” to view next screen. Separate OTPs will be shared on primary mobile number and primary email address. Enter the OTPs received and click “Verify”.
Step 6: On entering both OTPs correctly, MPIN set up page will appear. Enter 4-digit MPIN of choice
and click on “Next”.
Step 8: Post re-entering the MPIN, click on “Confirm” button to confirm the setup of MPIN.
Step 9: On successful setup of MPIN, user will be successfully registered, and user can login using the selected MPIN.


Taxpayer Information Summary (TIS)
Taxpayer Information Summary (TIS) is an information category wise aggregated information summary for a taxpayer. It shows processed value (i.e., value generated after deduplication of information based on pre-defined rules) and derived value (i.e., value derived after considering the taxpayer feedback and processed value) under each information category (e.g., Salaries, Interest, Dividend etc.). The derived information in TIS will be used for prefilling of Return.


Chatbot
A chatbot is an artificial intelligence (AI) software that can simulate a conversation (or a chat) with a user in natural language. The user can post the query on the chatbot and can get instant replies/ resolution based on the frequently asked questions and machine learning. The same is implemented on AIS Homepage (Compliance Portal) and AIS Mobile App to enable quick help to the users. User can accordingly post their query on the chatbot provided on AIS Homepage/ AIS mobile app or navigate through the question category provided by the chatbot to get instant answer/ resolution of specific question.

Accessing Chatbot
The chatbot can be accessed at following places through mentioned steps:
Step 1: Login on AIS mobile app by entering your self-selected MPIN that was created during registration.
Step 2: User can click on the chatbot icon provided on bottom right corner of the screen.
Step 3: When the chatbot window opens, navigate through the categories mentioned or type your
query in “Ask me” area.

Abbreviations

Description

Annual Information Statement (AIS)

AIS is comprehensive view of information for a taxpayer displayed in Form 26AS. It shows both reported value and modified value (i.e. value after considering taxpayer feedback) under each section (i.e. TDS, SFT, Other information)

Reported Value

Reported Value refers to information value as reported by the information source against a PAN.

Modified Value

Modified Value refers to value which has been modified by the taxpayer by submitting feedback. The reported value and value after feedback will be shown separately in the Annual Information Statement (AIS)

Taxpayer Information Summary (TIS)

TIS is an information category wise aggregated information summary for a taxpayer. It shows processed value (i.e., value generated after deduplication of information based on pre-defined rules) and derived value (i.e. value derived after considering the taxpayer feedback and processed value) under each information category (e.g. Salaries, Interest, Dividend etc.). The derived information in TIS will be used for prefilling of Return.

Processed Value

Processed Value refers to value generated after deduplication of information based on pre-defined rules. The Processed Value is displayed only in Taxpayer Information Summary (TIS)

Derived value

Derived value refers to value displayed in Taxpayer Information Summary (TIS) which is derived after considering the taxpayer feedback (if any) and processed value. The derived information will be used for prefilling of Return.

Information Category

Information category is broad information category (refer Annexure A) which combines similar information sources to present a simplified summary to enable pre-filling of ITR.

L1 Level Information

L1 Level Information is the lowest level of information displayed in Annual Information Statement (AIS). Each information is displayed by unique Transaction sequence number (TSN). The taxpayer feedback is always captured at the L1 level. In case when taxpayer provides bulk feedback, the feedback is captured at TSN level. L1 Level display shows both reported value and derived value (i.e., value derived after considering the taxpayer feedback).

L2 Level Information

L2 Level Information is the source wise aggregated value displayed in

Annual Information Statement (AIS) as well as Taxpayer Information Summary (TIS). During processing, duplicate information is  marked at L2