Explanation
From Tax Year 2026-27, the Annual Information Statement (AIS) — which already contains much richer data than Form 26AS (TDS, interest, dividends, real-estate transactions, mutual fund purchases, foreign remittances, etc.) — is codified under the IT Act 2025 as the primary compliance and pre-fill data source. Taxpayers can still view Form 26AS but must reconcile income against AIS. Discrepancies should be flagged through the AIS feedback mechanism before filing the return. Verify on the income-tax portal before filing.