AIS for NRIs: What Should Non-Residents Check?
Understand how NRIs can use AIS when preparing an Indian income-tax return and why AIS should be compared with Indian income and tax records.
Quick Answer
Yes. AIS can contain Indian financial information reported against an NRI PAN, including interest, securities transactions, TDS and other reportable items. An NRI should reconcile AIS with Indian income records and the applicable residential-status and DTAA position before filing.
Can NRIs Access AIS?
Registered taxpayers can access AIS through the Income Tax e-Filing portal after login. An NRI who has an applicable Indian tax profile can use AIS to review information presently available with the Income Tax Department.
What Should an NRI Look for in AIS?
Depending on the information available, an NRI may see TDS/TCS information, specified financial transactions, tax payments, demand or refund information and other reported information. The taxpayer should review the items relevant to their Indian tax position.
Should NRIs Compare AIS With Indian Income Records?
Yes. AIS should be compared with relevant Indian income and tax records, such as TDS certificates, bank records, investment statements and other documents supporting the Indian return.
Does AIS Show All Foreign Income or Assets?
AIS should not be assumed to contain every item of foreign income or every foreign asset. The Income Tax Department states that AIS contains information presently available to it and that other transactions may not be displayed. Applicable disclosure requirements must therefore be considered separately.
What If an NRI Finds Incorrect Information?
Review the source records and identify the reporting source. If feedback is available for the AIS item, the taxpayer can submit feedback through AIS and retain supporting documents.
How EZTax Helps NRIs
EZTax can help organize AIS and other tax documents during Indian ITR preparation, supporting review of reported income, TDS and investment information before filing.
Frequently Asked Questions
Is AIS available to NRIs?
AIS is available through the Income Tax e-Filing portal to registered taxpayers. The taxpayer should log in and access the AIS facility.
Does AIS contain all an NRI's foreign income?
No. AIS should not be treated as a complete statement of all foreign income or assets. Complete reporting must be based on the taxpayer's applicable tax requirements and records.
Should an NRI check AIS before filing an Indian ITR?
Reviewing AIS against relevant Indian income and tax records can help identify differences before filing.
Related EZTax Resources
- What Is AIS (Annual Information Statement) in Income Tax?
- AIS vs Form 26AS: What Is the Difference?
- How to Correct Incorrect Information in AIS
- AIS Reconciliation & AI-Powered Income Tax Filing with EZTax
- How to Download AIS Statement
