What is Annual Information Statement (AIS)?
​​​Section 285BB of the Income-tax Act provides that the Income-tax authority or any other person authorised on this behalf shall make available an Annual Information Statement to the assessee containing information on various financial transactions made by him during the year.

Annual Information Statement (AIS) is a statement that provides complete information about the prepaid taxes and prescribed financial transactions entered into by taxpayer for a particular financial year. ​