All About Annual Information Statement (AIS)

All about Annual Information Statement (AIS)
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Directorate of Income Tax (Systems) has released Handbook on Annual Information Statement (AIS). This will explain How the new Form 26AS (Annual Information Statement or AIS) will
provide a complete profile of the taxpayer for a particular year. Part A of the new Form 26A will contain Permanent Account Number, Aadhaar Number, Name, Date of Birth/ Incorporation/
Formation, Mobile No., Email Address, Address and Part B of new Form 26A will contain Information relating to tax deducted or collected at source, Information relating to specified financial
transaction (SFT), Information relating to payment of taxes, Information relating to demand and refund, Information relating to pending proceedings, Information relating to completed
proceedings and Any other information in relation to sub-rule (2) of rule 114-I. Read Full details below-
1. About this Document

The objective of this document is to develop common and shared understanding related to Annual Information Statement (AIS) and various information sources.
2. Background
In order to promote transparency and simplifying the tax return filing process, CBDT vide Notification dated May 28, 2020 has amended Form 26AS vide Sec 285BB of Income Tax Act, 1961 r.w.r.114-I of
Income Tax Rules, 1962 w.e.f. 01.06.2020. The new Form 26AS is an Annual Information Statement or AIS which will provide a complete profile of the taxpayer for a particular year.
The Board may also authorise the Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems) or any person authorised by him to upload the information received
from any officer, authority or body performing any function under any law or the information received under an agreement referred to in section 90 or section 90A of the Income-tax Act, 1961 or the
information received from any other person to the extent as it may deem fit in the interest of the revenue in the annual information statement . The format of Annual Information Statement is as under:
Part A
Permanent Account Number, Aadhaar Number, Name, Date of Birth/ Incorporation/ Formation, Mobile No., Email Address, Address.
Part B
1. Information relating to tax deducted or collected at source.

2. Information relating to specified financial transaction (SFT)
3. Information relating to payment of taxes
4. Information relating to demand and refund
5. Information relating to pending proceedings
6. Information relating to completed proceedings
7. Any other information in relation to sub-rule (2) of rule 114-I
3. Annual Information Statement Overview
Annual Information Statement or AIS is comprehensive view of information for a taxpayer displayed in Form 26AS. During preparation of AIS, information processing is required to display complete and
accurate information to the taxpayer.
3.1 Objectives
The key objective of AIS are:
Display complete information to the taxpayer

Promote voluntary compliance and enable seamless prefiling of return
Deter non-compliance
3.2 AIS Features

Salient Features of new AIS are as under:
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 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.
Disclaimer: Annual Information Statement (AIS) includes information presently available with Income Tax Department. There may be other transactions relating to the taxpayer which are not presently
displayed in Annual Information Statement (AIS). Taxpayer is expected to check all related information and report complete and accurate information in the Income Tax Return.
The schematic flow of information is as under:

3.3 AIS Preparation
Some key information processing steps are:
PAN Population: In case no valid PAN is available in the submitted information, the PAN will be populated on matching Aadhaar and other key attributes.
Information Display: Generally, the reported information is displayed against the reported PAN holder. The information display logic for specific information such as property, bank account, demat
account etc. aims to show information to relevant PAN holders to enable review and submission of feedback
Information Deduplication: In case where similar information is reported under different information types (e.g. reporting of interest/dividend in SFT and TDS) the information with lower value will be
marked as “Information is duplicate / included in other information” using automated rules.
Taxpayer Information Summary (TIS) preparation: The information category wise aggregated information summary for a taxpayer is prepared after deduplication of information based on pre-
defined rules. 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 will be used for prefilling of Return.
3.4 AIS Feedback

The taxpayer will be able to view AIS information and submit following types of response on the information:
Information is correct
Information is not fully correct
Information relates to other PAN/Year
Information is duplicate / included in other information
Information is denied
Customized Feedback
3.5 AIS Feedback Processing
The AIS Feedback processing approach is as under:
The feedback provided by assessee will be captured in the Annual Information Statement (AIS) and reported value and modified value (i.e. value after feedback) will be shown separately.
The feedback provided by assessee will be considered to update the derived value (value derived after considering the taxpayer feedback) in Taxpayer Information Summary (TIS)
Information assigned to other PAN/Year in AIS will be processed and information will be shown in the AIS of the taxpayer using automated rules.
In case the assigned information is modified/denied, the feedback will be processed in accordance with risk management rules and high risk feedback will be flagged for seeking confirmation from the
information source.
3.6 Key Terms
Annual 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
Information each section (i.e. TDS, SFT, Other information)
Statement
(AIS)
Reported Reported Value refers to information value as reported by the information source against a PAN.
Value
Modified 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
Value Information Statement (AIS)
Taxpayer
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-
Information
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.).
Summary The derived information in TIS will be used for prefilling of Return.
(TIS)
Processed 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)
Value
Derived 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
value information will be used for prefilling of Return.
Information
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.
Category
L1 Level 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).
Information 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 modified value (i.e. value modified after considering the taxpayer feedback).
L2 Level 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 information is marked at L2 level. L2 Level display shows reported value, 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).
L3 Level L3 Level Information is the information category wise aggregated value displayed in Taxpayer Information Summary (TIS). During processing, duplicate information is marked at L2 level
Information only. L2 Level display shows reported value, 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)
3.7 Illustrations
Illustration 1: Display of information reported under both TDS and SFT
Payment of dividend above Rs 5,000 is required to be reported under TDS Statement. Under SFT all dividend payment is required to be reported. In this case, Dividend payment of Rs 70,000 was
reported by the Deductor (TAN based) under TDS and 74,000 was reported under SFT by the reporting entity.
Annual Information Statement (AIS)
TDS – Information source (L2 level)
SFT – Information source (L2 level)

Note: In AIS, TDS information and SFT information is reported under sections B1 and B2
Taxpayer Information Summary (TIS)
Note: Information reported under TDS is marked as Duplicate during Processing
Illustration 2: Display of taxpayer feedback
Taxpayer has been provided a facility to provide feedback. If the taxpayer reduces the dividend amount to 73,000 under SFT, the derived value i.e. value derived after considering the taxpayer feedback
will be shown both in Annual Information Statement (AIS) and Taxpayer Information Summary (TIS).

Note: The information value after feedback is also shown separately (in brackets)

Note: The derived information in TIS is reduced after considering taxpayer feedback. This information will be used for prefilling.
Illustration 3: Display of updation in information
If information is updated by submission of correction statement, the original transaction is marked as inactive and a new transaction vale is added in the view. If the reporting entity submits a correction
statement (SFT-17) showing dividend income as 73,000, the same is added as a new transaction.

Note: The original transaction is marked as inactive

Note: The processed and derived information in TIS is updated to reflect correction statement
4. AIS Information Category

The broad categories of Information in AIS summary view are as under:
The key information sources, approach for AIS processing and AIS summary preparation is explained in following paragraphs.
1. Salary
2. Rent received
3. Dividend
4. Interest from savings bank
5. Interest from deposit
6. Interest from others
7. Interest from income tax refund
8. Rent on plant & machinery
9. Winnings from lottery or crossword puzzle u/s 115BB
10. Winnings from horse race u/s 115BB
11. Receipt of accumulated balance of PF from employer u/s 111

12. Interest from infrastructure debt fund u/s 115A(1)(a)(iia)
13. Interest from specified company by a non-resident u/s 115A(1)(a)(iiaa)
14. Interest on bonds and government securities
15. Income in respect of units of non-resident u/s 115A(1)(a)(iiab)
16. Income and long-term capital gain from units by an offshore fund u/s 115AB(1)(b)
17. Income and long-term capital gain from foreign currency bonds or shares of Indian companies’ u/s 115AC
18. Income of foreign institutional investors from securities u/s 115AD(1)(i)
19. Insurance commission
20. Receipts from life insurance policy
21. Withdrawal of deposits under national savings scheme
22. Receipt of commission etc. on sale of lottery tickets
23. Income from investment in securitization trust
24. Income on account of repurchase of units by MF/UTI
25. Interest or dividend or other sums payable to government
26. Sale of land or building
27. Receipts for transfer of immovable property
28. Sale of vehicle
29. Sale of securities and units of mutual fund
30. Off market debit transactions
31. Off market credit transactions
32. Business receipts
33. Business expenses
34. Rent payment
35. Miscellaneous payment
36. Cash deposits

37. Cash withdrawals
38. Cash payments
39. Outward foreign remittance/purchase of foreign currency
40. Receipt of foreign remittance
41. Payment to non-resident sportsmen or sports association u/s 115BBA
42. Foreign travel
43. Purchase of immovable property
44. Purchase of vehicle
45. Purchase of time deposits
46. Purchase of securities and units of mutual funds
47. Credit/Debit card
48. Balance in account
49. Income distributed by business trust
50. Income distributed by investment fund
4.1 Salary
The key information sources under this information category are as under:
# Information Description
1. Salary (TDS Employer submits detailed breakup of salary, perquisites, profits in lieu of salary etc paid to the employee in Annexure II of the TDS statement (24Q) of the last quarter. This
Annexure II) information is also provided by the employer to the employee (taxpayer) in Part B (Annexure) of Form 16.
2. Salary Received Employer submits TDS quarterly statement (Form 24Q) with details of amount paid to employee and amount of tax deducted from the employee. All salary reported in TDS
(Section 192) quarterly statement is provided by the employer to the employee (taxpayer) in Form 16.
The approach for AIS processing and information handling is as under:
i. For an employer (TAN) and employee (PAN), if salary reported in TDS Annexure II is equal or more than the sum of salary payment in Quarterly TDS Statements (Section 192), all salary payment
amount in Quarterly TDS Statements (Section 192) will be marked as “Information is duplicate / included in other information”.
ii. For an employer (TAN) and employee (PAN), if sum of salary payment in Quarterly TDS Statements (Section 192) is more than the salary reported in TDS Annexure II, salary reported in TDS Annexure
II will be marked as “Information is duplicate / included in other information”.
iii. The AIS information level feedback can be used for providing following inputs:
a. Information is correct
b. Income is not taxable
c. Information is not fully correct – This functionality can be used to modify salary details.
d. Information relates to other PAN/Year
e. Information is duplicate / included in other information
f. Information is denied
iv. The feedback provided by taxpayer will be shown separately in AIS and will update the value in Taxpayer Information Summary (TIS).
v. The sum of salary received from all employer will be reflected at Taxpayer Information Summary.
vi. All exempt allowances should be included in Gross Salary. Allowances to the extent exempt u/s 10 and deduction u/s 16 needs to be claimed in the return.
4.2 Rent received

1. Rent Received (Section 194I(b)) Tenant responsible for paying of rent is liable to deduct tax at source on payment of rent. Deductor reports details of amount paid/credited, date of payment,
details of Tax deduction made etc. in Form 26Q. This information is provided by the deductor to the deductee (taxpayer) in Form 16A.
2. Rent Received (Section 194IB) Tenant (Individual/HUF) paying a rent of more than 50,000 is liable to deduct tax while making payment to the landlord. Tenant reports details of rent paid
amount paid/credited, property details, date of payment and tax deduction details etc. pertaining to rent paid in Form26QC.
3. Rent/HRA claim of the tenant PAN of landlord is reported by employee to the employer if exemption is claimed under section 10(13A). Employer reports PAN of landlord to whom rent is
reported by employer (TDS paid by an employee in Annexure II of the TDS statement (24Q).
Annexure II)
i. Information reported under section 194I(b), 194IB and co-owner will be summed up at deductor PAN level.
ii. For each tenant (PAN), higher of rent reported through TDS statement (194I(b)+194IB) and rent reported by co-owner of property or reported in Annexure II will be retained for a ‘Landlord -Tenant’
combination and information source with lower value will be marked as “Information is duplicate / included in other information”.
iii. Employer reports PAN of landlord to whom rent is paid by an employee in Annexure II of the TDS statement (24Q). This information will only be shown only when the rent received from the tenant is not
reported under other sources. The landlord can use the feedback option ‘’Information is not fully correct” to modify rent details.
iv. The AIS information level feedback can be used for providing following inputs:
c. Information is not fully correct: This functionality can be used to modify rent details
v. The feedback provided by taxpayer will be shown separately in AIS and will update the value in Taxpayer Information Summary (TIS).
vi. The sum of rent received from all tenants will be reflected at Taxpayer Information Summary.
vii. All deductions from house property income like interest on borrowed capital, standard deduction to be claimed in the return.
4.3 Dividend
1. Dividend income (SFT-015) Dividend paid/declared by all companies (reporting entity) is reported under Statement of Financial Transactions (SFT).
2. Dividend received (Section 194) Company paying/distributing dividend is liable to deduct TDS from the amount paid subject to the threshold applicable in the act and report through form 26Q
(quarterly statement). This information is provided by the deductor to the deductee (taxpayer) in Form 16A.
3. Dividend on Units of Mutual Fund The Registrar and Share Transfer Agent reporst dividend payable on units of mutual funds in Statement of Financial Transaction.
(SFT-018)
4. Income received in respect of units Fund/Unit distributing Income in respect of units of Mutual Funds is liable to deduct TDS from the amount paid subject to the threshold applicable in the act and
of Mutual Funds (Section 194K) report through form 26Q (quarterly statement). This information is provided by the deductor to the deductee (taxpayer) in Form 16A
i. Dividend Income will be listed on the basis of PAN of reportee person, Information Source and value. For dividend reported under SFT-018, the same shall be listed on the basis of PAN of AMC, PAN of
reportee person and value .
ii. For each reporting entity, higher of dividend income reported under SFT-015 and amount reported by deductor u/s 194 will be retained and information source with lower value will be marked as
“Information is duplicate / included in other information”. Similarly, in case of dividend reported under SFT-018 and u/s 194K, higher value shall be retained with lower value will be marked as “Information is
duplicate / included in other information”.
c. Information is not fully correct: This functionality can be used to modify key attributes Information value etc.
v. The aggregate value of dividend after deduplication shall be populated in dividend field in Schedule OS of ITR.
vi. All deductions and depreciation u/s 57 from other source income to be claimed in the return.
4.4 Interest from savings bank

# Information Source Information Description
1. Interest income (SFT-016) – Savings Interest paid/credited/accrued on saving account is reported under Statement of Financial Transactions (SFT).
i. Reporting Entity reports the Interest paid/credited/accrued on saving account held by an account holder under SFT code 016. Interest earned on savings account is taxable in the hands of account
holder.
ii. The AIS information level feedback can be used for providing following inputs:
c. Information is not fully correct: This functionality can be used to modify key attributes (e.g. Account Number, Account Type in case of interest), Information value etc.
iii. The feedback provided by taxpayer will be shown separately in AIS and will update the value in Taxpayer Information Summary (TIS).
iv. Interest from Savings Bank will be reflected in Taxpayer Information Summary (TIS) and shall be shown under the corresponding field in Schedule OS.
v. All deductions and depreciation u/s 57 from other source income to be claimed in the return.
4.5 Interest from deposit
1. Interest income (SFT-016) – Term Deposit Interest paid/credited/accrued on Term Deposit is reported under Statement of Financial Transactions (SFT).
2. Interest income (SFT-016) – Recurring Deposit Interest paid/credited/accrued on Recurring Deposit is reported under Statement of Financial Transactions (SFT).
3. Interest other than “Interest on Securities” received Bank/deductor at the time paying/crediting interest on deposits is liable to deduct tax from deposit holder paid subject to the threshold
(Section 194A) applicable in the act. This
information is reported by the Bank/ deductor in form 26Q (quarterly statement). This information is provided by the deductor to the
deductee (taxpayer) in Form 16A.
i. Reporting Entity reports the Interest paid/credited/accrued on Term Deposit and recurring deposit held by a deposit account holder under SFT code 016 as well as through TDS from 26Q. Interest earned
on term/recurring deposit is taxable in the hands of deposit holder.
ii. Interest on Deposit will be listed on the basis of PAN of reporting person, Source (Reporting Entity) and value of interest paid/credited/accrued.
iii. For each reporting entity, higher of interest on deposit (both term and recurring ) reported under SFT-016 and amount reported by deductor u/s 194A will be retained and information source with lower
value will be marked as duplicate.
vi. Interest from all sources after deduplication will be reflected in Taxpayer Information Summary (TIS).and shall be shown under the corresponding field in Schedule OS.
vii. All deductions and depreciation u/s 57 from other source income to be claimed in the return.
4.6 Interest from others

1. Interest income (SFT-016) – Interest paid/credited/accrued on others (other than savings account, term deposit, recurring deposit) is reported under Statement of Financial Transactions (SFT).
Others
2. Interest received on Securities Bank/deductor at the time paying/crediting other interest (interest on securities) is liable to deduct tax from deposit holder paid subject to the threshold applicable in
(Section 193) the act. This information is reported by the Bank/deductor in form 26Q
(quarterly statement). This information is provided by the deductor to the deductee (taxpayer) in Form 16A
i. Reporting Entity reports the Interest paid/credited/accrued on other accounts (other than savings bank, term deposit or recurring deposit) held by an account holder under SFT code 016 as well as
through TDS from 26Q. Interest earned on such other accounts is taxable in the hands of account holder.
ii. Interest on others will be listed on the basis of PAN of reporting person, Source (Reporting Entity) and value of interest paid/credited/accrued.
iii. For each reporting entity, higher of interest on others reported under SFT-016 and amount reported by deductor u/s 193 will be retained and information source with lower value will be marked as
duplicate.
vi. Interest from all sources after deduplication will be reflected in Taxpayer Information Summary (TIS).and shall be shown under the corresponding field in Schedule OS.
vii. All deductions and depreciation u/s 57 from other source income to be claimed in the return.
4.7 Interest from income tax refund
1. Interest on Income Tax Refund Interest received on Income Tax Refund in the financial year is liable to be taxed as Income from other sources.
i. Income Tax department issues refund along with applicable interest amount. Interest earned on such refund is taxable as income from other source.
iii. In case where interest on refund is displayed as 0 in AIS/TIS, but the interest was paid along with refund, taxpayer can update the interest value through AIS feedback based on actual interest received.
v. Interest from income tax refund will be reflected in Taxpayer Information Summary (TIS).and shall be shown under the corresponding field in Schedule OS.
vi. All deductions and depreciation u/s 57 from other source income to be claimed in the return.
4.8 Rent on plant & machinery

1. Rent on plant & Tenant paying rent is liable to deduct tax at applicable rate as per the Act from rent paid. Details of rent on Plant & Machinery is reported by the deductor in TDS form 26Q.
machinery (Section Tenant furnishes the details of rent paid on quarterly basis. This information is provided by the deductor to the deductee (taxpayer) in Form 16A.
194I(a))
i. Tenant/Deductor, while making payment of rent to the owner of Plant & Machinery, deducts TDS and reports the same in TDS form 26Q. Rent received from Plant & Machinery is taxable in the hands of
owner under the head income from other sources.
iv. Rent on plant & machinery will be reflected in Taxpayer Information Summary (TIS) and shall be shown in respective field in Schedule OS.
4.9 Winnings from lottery or crossword puzzle u/s 115BB
1. Winnings from Lottery or Payer is liable to deduct tax at applicable rate as per act from winnings from lottery or crossword puzzle etc. Information about winnings is reported by payer in TDS
Crossword Puzzle (Section form 26Q. Information is reported on quarterly basis. Income is taxable at special rate. This information is provided by the deductor to the deductee (taxpayer) in Form
194B) 16A.
i. Payer/Deductor, while making payment relating to the winning from lottery or crossword puzzle to the winner, deducts TDS and reports the same in TDS form 26Q. Winning from lottery or crossword
puzzle is taxable in the hands of recipient under the head income from other sources.
iv. Winnings from Lottery or Crossword Puzzle will be reflected in Taxpayer Information Summary (TIS) and shall be shown in respective field in Schedule OS.
4.10 Winnings from horse race u/s 115BB
1. Winnings from Horse Payer is liable to deduct tax at applicable rate as per act from winnings from Horse race. Information about winnings is reported by payer in TDS form 26Q. Information is
Race (Section 194BB) reported on quarterly basis and is chargeable to tax at special rate. This information is provided by the deductor to the deductee (taxpayer) in Form 16A.
i. Payer/Deductor while making payment, relating to the winning from horse races to the winner, deducts TDS and reports the same in TDS form 26Q. Winning from horse races is taxable in the hands of
recipient under the head income from other sources.
iii. The feedback provided by taxpayer will be shown separately in AIS and will update the value
in Taxpayer Information Summary (TIS).
iv. Winnings from Horse Races will be reflected in Taxpayer Information Summary (TIS) and shall be shown in respective field in Schedule OS.
4.11 Receipt of accumulated balance of PF from employer u/s 111
1. Receipt of accumulated balance due Employer/recognised provided fund reports information about accumulated balance due to an employee in form 26Q. Information is reported on quarterly
to an employee (Section 192A) basis and is chargeable to tax at special rate. This information is provided by the deductor to the deductee (taxpayer) in Form 16A.
i. Employer/ recognised provident fund while making payment of accumulated lance to an employee deducts TDS and reports the same in TDS form 26Q. Receipts of such accumulated balance is taxable
in the hands of employee under the head income from other sources.
iv. Receipt of accumulated balance of PF from employer will be reflected in Taxpayer Information Summary (TIS) and shall be shown in respective field in Schedule OS.
4.12 Interest from infrastructure debt fund u/s 115A(1)(a)(iia)
1. Income by way of interest from infrastructure Information relating to interest paid is reported by payer in form 27Q. Information is reported on quarterly basis and is chargeable to tax at special
debt fund (Section 194LB) rate. This information is provided by the deductor to the deductee (taxpayer) in Form 16A.
i. Payer/Deductor, while making payment of interest to infrastructure debt fund holders, deducts TDS and reports the same in TDS form 27Q. Interest earned on infrastructure debt fund is taxable in the
hands of (debt fund) holder under the head income from other sources.
iv. Interest from infrastructure debt fund will be reflected in Taxpayer Information Summary (TIS) and shall be shown in respective field in Schedule OS.
4.13 Interest from specified company by a non-resident u/s 115A(1)(a)(iiaa)
1. Income by way of interest from specified company Information relating to interest paid is reported by payer in form 27Q. Information is reported on quarterly basis and is chargeable to tax at
payable to a non-resident (Section 194LC) special rate. This information is provided by the deductor to the deductee (taxpayer) in Form 16A.
i. Payer/Deductor while making payment of interest deducts TDS and reports the same in TDS form 27Q. Interest earned from specified company is taxable in the hands of recipient under the head income
from other sources.
iv. Interest received by a non-resident from specified company will be reflected in Taxpayer Information Summary (TIS) and shall be shown in respective field in Schedule OS.
4.14 Interest on bonds and government securities
1. Income from interest on bonds and Information relating to interest paid is reported by payer in form 27Q. Information is reported on quarterly basis and is chargeable to tax at special
government securities (Section 194LD) rate. This information is provided by the deductor to the deductee (taxpayer) in Form 16A.
i. Payer/Deductor while making payment of interest on bonds and securities deducts TDS and reports the same in TDS form 27Q. Interest earned from bonds and government securities is taxable in the
hands of recipient under the head income from other sources.
iv. Interest on bonds and government securities will be reflected in Taxpayer Information Summary (TIS) and shall be shown in respective field in Schedule OS.
4.15 Income in respect of units of non-resident u/s 115A(1)(a)(iiab)

1. Income in respect of units of Non Resident (Section Information about income in respect of units of Non Resident is reported by payer in form 27Q. Information is reported on quarterly basis
196A) (Other than those reported by RE through SFT) and is chargeable to tax at special rate. This information is provided by the deductor to the deductee (taxpayer) in Form 16A.
i. Payer/Deductor while making payment of income in respect of units deducts TDS and reports the same in TDS form 27Q. Income earned from units is taxable in the hands of recipient under the head
income from other sources.
iv. Income in respect of units of Non Resident will be reflected in Taxpayer Information Summary (TIS) and shall be shown in respective field in Schedule OS.
4.16 Income and long-term capital gain from units by an offshore fund u/s 115AB(1)(b)
1. Income and long-term capital gain from units payable to an off Information about income and long-term capital gain from units payable to an off shore fund is reported by payer in form 27Q.
shore fund (Section 196B) Information is reported on quarterly basis and is
chargeable to tax at special rate. This information is provided by the deductor to the deductee (taxpayer) in Form 16A.
i. Payer/Deductor while making payment of income from units to offshore fund deducts TDS and reports the same in TDS form 27Q. Income and long-term capital gain earned by such off-shore fund is
taxable in the hands of recipient under the head income from other sources.
iv. Income and long-term capital gain from units by an off shore fund will be reflected in Taxpayer Information Summary (TIS) and shall be shown in respective field in Schedule OS.
4.17 Income and long-term capital gain from foreign currency bonds or shares of Indian companies u/s 115AC
1. Income and long-term capital gain from foreign Information about income and long-term capital gain from foreign currency bonds or shares of Indian companies is reported by payer in form
currency bonds or shares of Indian companies 27Q. Information is reported on quarterly basis and is chargeable to tax at special rate. This information is provided by the deductor to the
(Section 196C) deductee (taxpayer) in Form 16A.
i. Payer/Deductor while making payment of income and long-term capital on foreign currency bonds or shares deducts TDS and reports the same in TDS form 27Q. Income earned from such bonds or
shares is taxable in the hands of recipient under the head income from other sources.
iv. Income and long-term capital gain from foreign currency bonds or shares of Indian companies u/s 115AC will be reflected in Taxpayer Information Summary (TIS) and shall be shown in respective field
in Schedule OS.
4.18 Income of foreign institutional investors from securities u/s 115AD(1)(i)
1. Income of foreign institutional investors Information about income of foreign institutional investors from securities is reported by payer in form 27Q. Information is reported on quarterly basis and is
from securities (Section 196D) chargeable to tax at special rate. This information is provided by the deductor to the deductee (taxpayer) in Form 16A.
i. Payer/Deductor while making payment of income to FIIs on securities deducts TDS and reports the same in TDS form 27Q. Interest earned from bonds and government securities is taxable in the hands
of recipient under the head income from other sources.
iv. Income of foreign institutional investors from securities will be reflected in Taxpayer Information Summary (TIS) and shall be shown in respective field in Schedule OS.
4.19 Insurance commission


1. Insurance commission received Information about insurance commission received is reported by the payer in Form 26Q on a quarterly basis. This information is provided by the deductor to
(Section 194D) the deductee (taxpayer) in Form 16A.
i. Insurance Company /Deductor while making payment of commission deducts TDS and reports the same in TDS form 26Q. Insurance commission income earned is taxable in the hands of recipient
under the head income from other sources.
iv. Insurance commission will be reflected in Taxpayer Information Summary (TIS) and shall be shown in respective field in Schedule OS.
4.20 Receipts from life insurance policy
1. Receipts from life Receipts from life insurance policy are exempt under section 10(10D) subject to conditions specified therein. If such conditions are not met, the receipts become taxable
insurance policy and tax is also deducted u/s 194DA. The information is reported by the payer in Form 26Q on a quarterly basis. This information is provided by the deductor to the deductee
(Section 194DA) (taxpayer) in Form 16A.
i. Insurance company/Deductor while making payment in respect of life insurance policy deducts TDS and reports the same in TDS form 26Q. Amount received from life insurance policy is taxable in the
iv. Receipts from life insurance policy will be reflected in Taxpayer Information Summary (TIS) and shall be shown in respective field in Schedule OS.
4.21 Withdrawal of deposits under national savings scheme
1. Withdrawal of deposits under National Savings Withdrawals from NSS are taxable. Tax is also deducted on such withdrawals and reported in Form 26Q by the payer on a quarterly basis. This
Scheme (Section 194EE) information is provided by the deductor to the deductee (taxpayer) in Form 16A.
i. Deductor while making payment to NSS certificate holder, on withdrawals made by such certificate holder, deducts TDS and reports the same in TDS form 26Q. Amount received on such withdrawals is
iv. Withdrawal of deposits under National Savings Scheme will be reflected in Taxpayer Information Summary (TIS) and shall be shown in respective field in Schedule OS.
4.22 Receipt of commission etc. on sale of lottery tickets
1. Receipt of Commission etc. on sale of Commission on lottery business is subject to tax deduction under section 194G. The payer reports such information in Form 26Q on a quarterly basis.
lottery tickets (Section 194G) This information is provided by the deductor to the deductee (taxpayer) in Form 16A.
i. Deductor while making payment of commission on sale of lottery tickets deducts TDS and reports the same in TDS form 26Q. Commission income earned is taxable in the hands of recipient under the
head income from other sources.
iv. Receipt of Commission etc. on sale of lottery tickets will be reflected in Taxpayer Information Summary (TIS) and shall be shown in respective field in Schedule OS.
4.23 Income from investment in securitization trust
1. Income from investment made in Income from investment made in securitization trust is subject to tax deduction. The payer reports such information in Form 27Q on a quarterly basis.
securitization trust (Section 194LBC) This information is provided by the deductor to the deductee (taxpayer) in Form 16A.
i. Payer /Deductor while making payment of income from investments deducts TDS and reports the same in TDS form 27Q. Income earned from investments made in securitisation trust is taxable in the
iv. Income from investment in securitization trust will be reflected in Taxpayer Information Summary (TIS) and shall be shown in respective field in Schedule OS.
4.24 Income on account of repurchase of units by MF/UTI
1. Income on account of Repurchase of Receipt of income on account of repurchase of units by MF/UTI is subject to tax deduction under section 194F. The payer reports such information in Form
units by MF/UTI (Section 194F) 26Q on a quarterly basis. This information is provided by the deductor to the deductee (taxpayer) in Form 16A.
i. Payer/Deductor while making payment of income on account of repurchase of units deducts TDS and reports the same in TDS form 26Q. Income earned on account of repurchase of units by MF/UTI is
iv. Income on account of Repurchase of units by MF/UTI will be reflected in Taxpayer Information Summary (TIS) and shall be shown in respective field in Schedule OS..
4.25 Interest or dividend or other sums payable to government
1. Interest or dividend or other sums payable Income from interest or dividend or other sums payable is not subject to tax deduction. The payer reports such information in Form 26Q on a quarterly
to Government (Section 196) basis. This information is provided by the deductor to the deductee (taxpayer) in Form 16A.
i. Payer / Deductor while making payment of interest or dividend or other sums to government is not required to deduct TDS however the same may be reported in TDS form 26Q. Income earned is taxable
in the hands of recipient under the head income from other sources.
d. Information relates to other PAN!Year
iv. Interest or dividend or other sums payable to Government will be reflected in Taxpayer Information Summary (TIS) and shall be shown in respective field in Schedule OS.
v. All deductions and depreciation u!s 57 from other source income to be claimed in the return.
4.26 Payment to non-resident sportsmen or sports association u/s 115BBA

1. Payment received by non-resident sportsmen or sports Information pertaining to amount paid to non-resident sportsmen or sports association is reported by deductor in form 27Q. This information
association (Section 194E) is provided by the deductor to the deductee (taxpayer) in Form 16A.
i. Deductor (remitter) while making payment to non-resident sportsmen or sports associations deducts tax and submit the information in TDS form 27Q. Amount received by such sportsmen or sports
associations is taxable under the head income from other sources.
b. Receipts in the nature of reimbursement of expenses
c. Receipts in the nature of refundable security
d. Receipts treated as capital receipt
e. Income is not taxable
f. Information is not fully correct
g. Information relates to other PAN/Year
h. Information is duplicate / included in other information
i. Information is denied
iv. Amount received by sportsmen and sports association will be reflected in Taxpayer Information Summary (TIS) and shall be shown in respective field in Schedule OS.
4.27 Sale of land or building

# Information Information Description

1. Sale of immovable property (SFT- Sales consideration of immovable property transferred is
012) reported under Statement of Financial Transactions
(SFT). The information will be shown in AIS of all sellers to enable submission of feedback.
2. Sale of immovable property (Form Sale of immovable property is also reported in Form 61 where PAN is not furnished by the transacting party. PAN is populated based on aadhaar and other
60/61) attributes of the person.
3. Transfer of immovable property Total Value of Consideration is reported by buyer of property in Form 26QB. This value will be derived from the deduplication of information reported in Form
(Section 194IA) 26QB. Only transactions which do not match with information reported in SFT will be reflected here. This information is provided by the deductor to the
deductee (taxpayer) in Form 16B.
4. Compensation received on Information related to compensation paid to seller on acquisition of any immovable property is reported by deductor in form 26Q. This information is provided by
acquisition of immovable property the deductor to the deductee (taxpayer) in Form 16A.
(Section 194LA)
5. Receipts under specified Information related to receipts under specified agreement is reported by person making payment for specified agreement entered into. This information is
agreement (Section 194IC) provided by the deductor to the deductee (taxpayer) in Form 16A.
i. In case of SFT information reported in property based reporting format, the transaction amount will assigned to each seller as the sub-registrar are not able to determine the share of each seller from the
agreement. The value of property for stamp duty purposes is also displayed as per processing rules. The taxpayer can update the transaction amount, value of property for stamp duty purposes and
Transaction amount assigned to the taxpayer.
ii. In case of information reported Transfer of immovable property (Section 194IA), value of consideration will be derived from the deduplication of information reported in Form 26QB. Only transactions
which do not match with information reported in SFT will be reflected here.
iii. Information reported from all sources will be summed up at buyer/deductor PAN and address level.
iv. In case multiple values are found for a single property in SFT-012 and from rest of the sources, records with higher value of consideration will be retained and information source with lower value will be
marked as “Information is duplicate / included in other information”.
v. The AIS information level feedback can be used for providing following inputs:
b. Sale of rural agricultural land
c. Transfer not in the nature of sale
d. Receipt is not taxable
e. Information is not fully correct: This functionality can be used to modify address of property, value of consideration/transaction amount, value of property for stamp duty purposes and Transaction amount
assigned to the taxpayer.
f. Information relates to other PAN/Year: Transaction pertaining to other financial years, other PAN
g. Information is duplicate / included in other information
h. Information is denied
vi. The feedback provided by taxpayer will be shown separately in AIS and will update the value in Taxpayer Information Summary (TIS).
vii. The sum of value of consideration from all buyers will be reflected in Taxpayer Information Summary (TIS).
viii. Deductions relating to cost of acquisition, improvement, expenditure in connection to sale/transfer and deduction u/s 54 needs to be claimed in the return.
4.28 Receipts from transfer of immovable property
1. Receipts from transfer of immovable property Information related to receipts from transfer of immovable property is reported by buyer of property in Form 26QB. This information is provided by the
(Section 194IA) deductor to the deductee (taxpayer) in Form 16B.
i. Buyer /Deductor while making payment in respect of property purchased is required to deduct tax and report the same in TDS form 26QB if the overall payment in respect of such property exceeds 50
lakhs rupees.
b. Information is not fully correct
c. Information relates to other PAN/Year
d. Information is duplicate / included in other information
e. Information is denied
4.29 Sale of vehicle


1. Sale of a motor vehicle (Form Sale of motor vehicle is reported in Form 61 where PAN is not furnished by the transacting party. PAN is populated based on aadhaar and other attributes of
60/61) the person.
i. Reporting entity reports transactions relating to sale of motor vehicle through form 61. RE reports non-PAN transactions through form 61.
b. Transfer not in the nature of sale
c. Receipt is not taxable
d. Information is not fully correct: This functionality can be used to modify value of consideration/transaction amount.
e. Information relates to other PAN/Year: Transaction pertaining to other financial years, other PAN
f. Information is duplicate / included in other information
g. Information is denied
iv. The sum of value of consideration from all buyers will be reflected in Taxpayer Information Summary (TIS).
v. Deductions relating to cost of acquisition, improvement, expenditure in connection to sale/transfer and deduction u/s 54 needs to be claimed in the return.
4.30 Sale of securities and units of mutual fund
The approach for preparation of information by Depository and RTAs is as under:
i. Only user-initiated debit transactions are reported. In case of a minor, details of legal or natural guardian (PAN, Name etc.) is provided.
ii. The Estimated Sale Consideration for the debit transaction is determined on the best possible available price of the asset with the reporting entity (e.g. end of day price). The taxpayer will be able to
modify the sales consideration before filing the return.
iii. The securities are classified into specified security class for determining the type of asset (short term/long term) and applicable rate.
iv. The period of holding (difference between date of sale and date of acquisition of any share/security) is used to classify the asset as short term or long-term asset. First in First out (FIFO) method is used
for identification of corresponding credit and computation of period of holding. Any capital asset held by the taxpayer for a period of more than minimum period of holding will be treated as long-term capital
asset and remaining assets will be classified as short-term asset. The specified minimum period of holding for different asset class is as under:
Security Class Code Security Class Description Minimum Period of Holding

LES Listed Equity Share 12 months
LPS Listed Preference Share 12 months
LDB Listed Debenture 12 months
ZCB Zero Coupon Bond 12 months
CIB Listed Capital Indexed Bond 12 months
EMF Unit of Equity Oriented Mutual Fund 12 months
UTI Unit of UTI 12 months
UBT Unit of Business Trust 36 months
OTU Other Units 36 months
OTH Other Listed Securities (Other than a unit) 12 months
v. For every debit transaction, the corresponding credit transaction is identified using First in First Out (FIFO) method. The estimated cost of acquisition for the credit is determined on the best possible
available price with the reporting entity. The estimated cost of acquisition is to be taken as NIL for OFF Market credits. The taxpayer will be able to modify the cost of acquisition before filing the return.
vi. In relation to a long-term capital asset, being an equity share in a company or a unit of an equity-oriented fund acquired before the 1st day of February, 2018, adjusted cost of acquisition is taken as
higher of (i) the cost of acquisition of such asset; and (ii) lower of (A) the fair market value of such asset as on 31st January, 2018; and (B) the full value of consideration received or accruing as a result of
the transfer of the capital asset. The Cost Inflation Index is used to determine estimated indexed cost of acquisition wherever applicable.
1. Sale of Listed Equity Share In the SFT reporting of depository transactions, the estimated sale consideration for the debit transaction is determined on the best possible available price of the
(Depository) asset with the depository (e.g. end of day price). The taxpayer will be able to modify the sales consideration and other related information before filing the return.
2. Buy back of shares In the SFT reporting of depository transactions, the estimated sale consideration for the debit transaction is determined on the best possible available price of the
asset with the depository (e.g. end of day price). The taxpayer will be able to modify the sales consideration and other related information before filing the return.
3. Sale of Listed Preference In the SFT reporting of depository transactions, the estimated sale consideration for the debit transaction is determined on the best possible available price of the
Share (Depository) asset with the depository (e.g. end of day price). The taxpayer will be able to modify the sales consideration and other related information before filing the return.
4. Sale of Listed Debenture In the SFT reporting of depository transactions, the estimated sale consideration for the debit transaction is determined on the best possible available price of the
5. Sale of Zero Coupon Bond In the SFT reporting of depository transactions, the estimated sale consideration for the debit transaction is determined on the best possible available price of the
6. Sale of Listed Capital In the SFT reporting of depository transactions, the estimated sale consideration for the debit transaction is determined on the best possible available price of the
Indexed Bond (Depository) asset with the depository (e.g. end of day price). The taxpayer will be able to modify the sales consideration and other related information before filing the return.
7. Sale of Unit of Equity In the SFT reporting of depository transactions, the estimated sale consideration for the debit transaction is determined on the best possible available price of the
Oriented Mutual Fund asset with the depository (e.g. end of day price). The taxpayer will be able to modify the sales consideration and other related information before filing the return.
(Depository)
8. Sale of Unit of Equity In the SFT reporting of mutual fund transactions, the sale consideration for the debit transaction is determined on the best possible available price of the asset with
Oriented Mutual Fund the Registrar and Transfer Agent (RTA). The taxpayer will be able to modify the sales consideration and other related information before filing the return.
(RTA)
9. Sale of Unit of UTI In the SFT reporting of depository transactions, the estimated sale consideration for the debit transaction is determined on the best possible available price of the
10. Sale of Unit of UTI (RTA) In the SFT reporting of mutual fund transactions, the sale consideration for the debit transaction is determined on the best possible available price of the asset with
the Registrar and Transfer Agent (RTA). The taxpayer will be able to modify the sales consideration and other related information before filing the return.
11. Sale of Unit of Business In the SFT reporting of depository transactions, the estimated sale consideration for the debit transaction is determined on the best possible available price of the
Trust (Depository) asset with the depository (e.g. end of day price). The taxpayer will be able to modify the sales consideration and other related information before filing the return.
12. Sale of Other Unit In the SFT reporting of depository transactions, the estimated sale consideration for the debit transaction is determined on the best possible available price of the
13. Sale of Other Unit (RTA) In the SFT reporting of mutual fund transactions, the sale consideration for the debit transaction is determined on the best possible available price of the asset with
the Registrar and Transfer Agent (RTA). The taxpayer will be able to modify the sales consideration and other related information before filing the return.
14. Sale of Other Listed In the SFT reporting of depository transactions, the estimated sale consideration for the debit transaction is determined on the best possible available price of the
Securities (Depository) asset with the depository (e.g. end of day price). The taxpayer will be able to modify the sales consideration and other related information before filing the return.
i. Information reported by Depository and RTA in respect of mutual fund transactions will be
deduplicated.
ii. Information reported by Depository and Company in respect of share buy back will be deduplicated.
b. Transfer not in the nature of sale
c. Income is not taxable
d. Information is not fully correct: This functionality can be used to modify Security Class Code, Sale Consideration, Asset Type (Short Term/Long Term), Cost of acquisition, Indexed Cost of Acquisition (If
applicable)
e. Information relates to other PAN/Year
iv. Deductions relating to cost of acquisition, improvement, expenditure in connection to sale/transfer and deduction u/s 54 needs to be claimed in the return.
4.31 Off market debit transactions
i. The depository and registrar and transfer agents (RTAs) submit details of off market transactions.
ii. The value of transaction is computed on the basis of end of day price of the security. In case, the consideration is available, the same is also shown.
1. Value of Off Market Debit Transactions of In the SFT reporting of depository transactions, the depository reports details of off market debit transactions. The value of transaction is computed
Listed Equity Share (Depository) on the basis of end of day price of the security. In case, the consideration is available, the same is also shown.
Listed Preference Share (Depository) on the basis of end of day price of the security. In case, the consideration is available, the same is also shown.
Listed Debenture (Depository) on the basis of end of day price of the security. In case, the consideration is available, the same is also shown.
Zero Coupon Bond (Depository) on the basis of end of day price of the security. In case, the consideration is available, the same is also shown.
Listed Capital Indexed Bond (Depository) on the basis of end of day price of the security. In case, the consideration is available, the same is also shown.
Unit of Equity Oriented Mutual Fund on the basis of end of day price of the security. In case, the consideration is available, the same is also shown.
(Depository)
7. Value of Off Market Debit Transactions of In the SFT reporting of mutual fund transactions, the RTA reports details of off market debit transactions. The value of transaction is computed on
Unit of Equity Oriented Mutual Fund (RTA) the basis of end of day price of the mutual fund. In case consideration is reported by Registrar and Transfer Agent (RTA), the same is also shown.
Unit of UTI (Depository) on the basis of end of day price of the security. In case, the consideration is available, the same is also shown.
Unit of UTI (RTA) the basis of end of day price of the mutual fund. In case consideration is reported by Registrar and Transfer Agent (RTA), the same is also shown
Unit of Business Trust (Depository) on the basis of end of day price of the security. In case, the consideration is available, the same is also shown.
Other Unit (Depository) on the basis of end of day price of the security. In case, the consideration is available, the same is also shown.
Other Unit (RTA) the basis of end of day price of the mutual fund. In case consideration is reported by Registrar and Transfer Agent (RTA), the same is also shown
Other Listed Securities (Depository) on the basis of end of day price of the security. In case, the consideration is available, the same is also shown.
i. Depository reports information relating to securities/mutual fund units sold through off-
market transactions. Similarly RTA reports inforation relating to mutual fund units sold through off-market transactions. Usually off-market transactions are executed without received consideration.
b. Transfer not in the Nature of sale
d. Information is not fully correct
4.32 Off market credit transactions
i. The depository and registrar and transfer agents (RTAs) submit details of off market transactions.
ii. The value of transaction is computed on the basis of end of day price of the security. In case, the consideration is available, the same is also shown.
1. Value of Off Market Credit Transactions of In the SFT reporting of depository transactions, the depository reports details of off market credit transactions. The value of transaction is computed on
Listed Equity Share (Depository) the basis of end of day price of the security. In case, the consideration is available, the same is also shown.
Listed Preference Share (Depository) the basis of end of day price of the security. In case, the consideration is available, the same is also shown.
3. Value of Off Market Credit Transactions of In the SFT reporting of depository transactions, the depository reports details of off market debit transactions. The value of transaction is computed on
Listed Debenture (Depository) the basis of end of day price of the security. In case, the consideration is available, the same is also shown.
Zero Coupon Bond (Depository) the basis of end of day price of the security. In case, the consideration is available, the same is also shown.
Listed Capital Indexed Bond (Depository) the basis of end of day price of the security. In case, the consideration is available, the same is also shown.
Unit of Equity Oriented Mutual Fund the basis of end of day price of the security. In case, the consideration is available, the same is also shown.
(Depository)
7. Value of Off Market Credit Transactions of In the SFT reporting of mutual fund transactions, the RTA reports details of off market credit transactions. The value of transaction is computed on the
Unit of Equity Oriented Mutual Fund (RTA) basis of end of day price of the mutual fund. In case consideration is reported by Registrar and Transfer Agent (RTA), the same is also shown.
Unit of UTI (Depository) the basis of end of day price of the security. In case, the consideration is available, the same is also shown.
9. Value of Off Market Credit Transactions of In the SFT reporting of mutual fund transactions, the RTA reports details of off market credit transactions. The value of transaction is computed on the
Unit of UTI (RTA) basis of end of day price of the mutual fund. In case consideration is reported by Registrar and Transfer Agent (RTA), the same is also shown.
Unit of Business Trust (Depository) the basis of end of day price of the security. In case, the consideration is available, the same is also shown.
Other Unit (Depository) the basis of end of day price of the security. In case, the consideration is available, the same is also shown.
12. Value of Off Market Credit Transactions of In the SFT reporting of mutual fund transactions, the sale consideration for the debit transaction is determined on the best possible available price of
Other Unit (RTA) the asset with the Registrar and Transfer Agent (RTA). The taxpayer will be able to modify the sales consideration and other related information before
filing the return.
Other Listed Securities (Depository) the basis of end of day price of the security. In case, the consideration is available, the same is also shown.
i. Depository reports information relating to securities/mutual fund units purchased in an off-market transaction. Similarly RTA reports inforation relating to mutual fund units purchase in an off-market
transaction. Usually off-market transactions are executed without received consideration.
b. Transfer not in the Nature of sale
d. Information is not fully correct
4.33 Business receipts

1. Receipts from contract

Information pertaining to amount paid to contractor is reported by contractee in form 26Q. This information is provided by the
(Section 194C) deductor to the deductee (taxpayer) in Form 16A.
2. Receipts from a contract/ work (Section 194M) Information pertaining to amount paid to the service provider is reported by recipient of services in form 26Q. This information is
provided by the deductor to the deductee (taxpayer) in Form 16A.
3. Receipt of Fees for professional or technical services (Section Information relating to payment of commission or brokerage is reported by deductor in form 26Q. This information is provided by the
194J) deductor to the deductee (taxpayer) in Form 16A.
4. Receipt of fee for professional service (Section 194M) Information relating to payment of contract/work is reported by deductor in form 26QD. This information is provided by the deductor
to the deductee (taxpayer) in Form 16D.
5. Commission or brokerage received (Section 194H) Information relating to payment of fees for professional service is reported by deductor in form 26QD. This information is provided by
the deductor to the deductee (taxpayer) in Form 16A.
6. Receipts from commission (Section 194M) Information relating to payment of commission or brokerage is reported by deductor in form 26QD. This information is provided by
the deductor to the deductee (taxpayer) in Form 16D.
7. Amount Received from e- Commerce Operator towards Information pertaining to amount paid to e-commerce participants is reported by e-commerce Operator in form 26Q. This information
sales/services provider (Section 194O) is provided by the deductor to the deductee (taxpayer) in Form 16A.
i. Deductor/buyer/service provider while making payment in respect of professional fees, commission, contracts etc deducts tax and reports the same through TDS form like 26Q and 26QD. These receipts
are usually in the nature of Business or profession being carried out by the recipient and are chargeable under the head income from business and profession.
b. Receipts is not taxable
c. Receipts in the nature of reimbursement of expenses
d. Receipts in the nature of refundable security
e. Receipts treated as capital receipt
iv. Sum of Business Receipts from all service recipients will be reflected as AIS Summary Level.
4.34 Business expenses

1. Purchase of alcoholic liquor (Section 206C) Information pertaining to purchase of alcoholic liquor is reported by tax collector in TCS form 27EQ (quarterly statement). This
information is provided by the collector to the taxpayer in Form 27D.
2. Purchase of timber obtained under forest lease (Section Information pertaining to purchase of timber obtained under forest lease is reported by tax collector in TCS form 27EQ (quarterly
206C) statement). This information is provided by the collector to the taxpayer in Form 27D.
3. Purchase of timber obtained by any mode other than a forest Information pertaining to purchase of timber obtained by any mode other than a forest lease is reported by tax collector in TCS form
lease (Section 206C) 27EQ (quarterly statement). This information is provided by the collector to the taxpayer in Form 27D.
4. Purchase of any other forest produce not being tendu leaves Information pertaining to purchase of any other forest produce not being tendu leaves is reported by tax collector in TCS form 27EQ
(Section 206C) (quarterly statement). This information is provided by the collector to the taxpayer in Form 27D.
5. Purchase of scrap (Section 206C) Information pertaining to purchase of scrap is reported by tax collector in TCS form 27EQ (quarterly statement). This information is
provided by the collector to the taxpayer in Form 27D.
6. Purchase of tendu leaves (Section 206C) Information pertaining to purchase of tendu leaves is reported by tax collector in TCS form 27EQ (quarterly statement). This
7. Purchase of minerals, being coal or lignite or iron ore Information pertaining to purchase of minerals is reported by tax collector in TCS form 27EQ (quarterly statement). This information
(Section 206C) is provided by the collector to the taxpayer in Form 27D.
8. Purchase of any goods [except goods on which TCS Information pertaining to purchase of other goods is reported by tax collector in TCS form 27EQ (quarterly statement). This
applicable as per Section 206C (1), 206C (1F) and 206C information is provided by the collector to the taxpayer in Form 27D.
(1G)]
9. Payments made for obtaining Lease/license/rights etc. for Information pertaining to payments made for obtaining Lease/license/rights etc. for parking lot is reported by tax collector in TCS
parking lot (Section 206C) form 27EQ (quarterly statement). This information is provided by the collector to the taxpayer in Form 27D.
10. Payments made for obtaining Lease/license/rights etc. for toll Information pertaining to payments made for obtaining Lease/license/rights etc. for toll plaza is reported by tax collector in TCS form
plaza (Section 206C) 27EQ (quarterly statement). This information is provided by the collector to the taxpayer in Form 27D.
11. Payments made for obtaining Lease/license/rights etc. for Information pertaining to payments made for obtaining Lease/license/rights etc. for mining and quarrying is reported by tax collector
mining and quarrying (Section 206C) in TCS form 27EQ (quarterly statement). This information is provided by the collector to the taxpayer in Form 27D.
12. Commission or brokerage paid (Section 194M) Information is reported by person making payment in form 26QD. This information is provided by the deductor to the taxpayer in
Form 16D.
13. Payment of fee for professional service (Section 194M) Information is reported by person making payment in form 26QD. This information is provided by the deductor to the taxpayer in
Form 16D.
i. Seller/Service provider while receiving payment from buyer collects tax and reports the same under TDS form 27EQ. Such payments made by buyer are usually the business related transactions like
payment for license etc.

4.35 Rent payments
1. Rent paid (Section 194IB) Information is reported by person making payment in form 26QC. This information is provided by the deductor to the taxpayer in Form 16C.
i. Information relating to payment of rent is reported by tenant through TDS form 26QC. Tenant deducts tax while making payment of rent to the landlord.
4.36 Miscellaneous payments

1. Payment made for a contract/ work Information is reported by person making payment in form 26QD. This information is provided by the deductor to the taxpayer in Form 16D.
(Section 194M)
2. Purchase of bank drafts or pay orders Purchase of bank drafts or pay orders may be reported in Form 61 if PAN is not furnished by the transacting party. PAN is populated based on aadhaar
(Form 60/61) and other attributes of the person.
3. Payment to hotel (Form 60/61) Payment to a hotel may be reported in Form 61 if PAN is not furnished by the transacting party. PAN is populated based on aadhaar and other attributes
of the person.
4. Payment as life insurance premium (Form Payment for life insurance premium may be reported in Form 61 if PAN is not furnished by the transacting party. PAN is populated based on aadhaar and
60/61) other attributes of the person.
5. Payments made in respect of credit card Information pertaining to Payments made in respect of credit card is reported by reporting entity in form 61A.
(SFT-006)
i. Reporting entity reports information relating to credit card payment through form 61A.
Similarly, Reporting entity reports non-PAN information relating to payments made towards purchase of bank drafts, hotels and life insurance premium through Form 61. Deductor reports information
relating to payment made towards contract /work through TDS form 26QD.
4.37 Cash deposits

1. Cash deposits in an account other than Information pertaining to cash deposits in an account other than current account is reported by reporting entity in form 61A. The information will be
current account (SFT-004) shown in AIS of all account holders to enable submission of feedback.
2. Cash deposits in current account (SFT- 003) Information pertaining to cash deposits in current account is reported by reporting entity in form 61A. The information will be shown in AIS of all
account holders to enable submission of feedback.
3. Deposit in cash (Form 60/61) Cash Deposits may be reported in Form 61 if PAN is not furnished by the transacting party. PAN is populated based on aadhaar and other attributes
of the person.
i. In case of SFT information reported in account based reporting format, where one bank account is reported with more than one person (e.g. joint account holders), the information will be shown in AIS of
all related persons (alongwith relationship type) to enable submission of feedback.
b. Information is not fully correct: This functionality can be used to modify Account number, Information value etc.
4.38 Cash withdrawals
1. Cash withdrawals from current account (SFT- Information pertaining to Cash withdrawals from current account is reported by reporting entity in form 61A. The information will be shown in AIS of
003) all account holders to enable submission of feedback.
2. Cash withdrawals from account other than Sometimes, cash withdrawals from accounts other than current account are reported by the Reporting Entity in SFT-004. The information will be
current account (SFT-004) shown in AIS of all account holders to enable submission of feedback.
3. Cash Withdrawals (Section 194N) Information pertaining to Cash withdrawals is reported by reporting entity through TDS statement 26Q. This information is provided by the deductor
to the taxpayer in Form 16A.
i. In case of SFT information reported in account based reporting format, where one bank account is reported with more than one person (e.g. joint account holders), the information will be shown in AIS of
all related persons (alongwith relationship type) to enable submission of feedback.
ii. For each reporting entity/deductor, higher of cash withdrawals reported in form 61A and TDS statement will be retained and information source with lower value will be marked as “Information is
b. Information is not fully correct: This functionality can be used to modify Account number, Information value etc.

4.39 Cash payments

1. Cash payments for goods and services (SFT-013) Information pertaining to Cash payments for goods and services is reported by reporting entity in form 61A.
2. Purchase of bank drafts or pay orders or banker’s cheque in Information pertaining to Purchase of bank drafts or pay orders or banker’s cheque in cash is reported by reporting entity in form 61A.
cash (SFT-001)
3. Purchase of prepaid instruments in cash (SFT-002) Information pertaining to Purchase of prepaid instruments in cash is reported by reporting entity in form 61A.
4. Cash Payments for purchase of Bullion and Jewellery Information pertaining to purchase of bullion and jewellery is reported by tax collector in TCS form 27EQ (quarterly statement). This
(Section 206C) information is provided by the collector to the taxpayer in Form 27D.
5. Cash Payment for purchase of any other goods(other than Information pertaining to purchase of other goods is reported by tax collector in TCS form 27EQ (quarterly statement). This
bullion/jewellery) (Section 206C) information is provided by the collector to the taxpayer in Form 27D.
6. Cash Payment for receipt of service (Section 206C) Information pertaining to purchase of other services is reported by tax collector in TCS form 27EQ (quarterly statement). This
i. Information relating to cash payments made is reported by Reporting entity through SFT (statement of financial transactions) under form 61A. Similarly, seller of bullion/jewellery/ goods/services collects
tax from purchaser in respect of sales made in cash and reports these transactions through TDS form 27EQ.
4.40 Outward foreign remittance/purchase of foreign currency

1. Outward foreign remittance – Indian portfolio investment abroad in equity Information of outward foreign remittance is reported by authorised dealer in form 15CC.
shares (Foreign Portfolio Investments) – (Purpose Code: S0001)
2. Outward foreign remittance – Indian Portfolio investment abroad in debt Information of outward foreign remittance is reported by authorised dealer in form 15CC.
instruments (Foreign Portfolio Investments) – (Purpose Code: S0002)
3. Outward foreign remittance – Indian direct investment abroad in equity Information of outward foreign remittance is reported by authorised dealer in form 15CC.
shares (Foreign Direct Investments) – (Purpose Code: S0003)
4. Outward foreign remittance – Indian direct investment abroad in debt Information of outward foreign remittance is reported by authorised dealer in form 15CC.
instruments (Foreign Direct Investments) – (Purpose Code: S0004)
5. Outward foreign remittance – Indian investment abroad in real estate Information of outward foreign remittance is reported by authorised dealer in form 15CC.
(Foreign Direct Investments) – (Purpose Code: S0005)
6. Outward foreign remittance – Repatriation of FDI in equity shares (Foreign Information of outward foreign remittance is reported by authorised dealer in form 15CC.
Direct Investments) – (Purpose Code: S0006)
7. Outward foreign remittance – Repatriation of FDI in debt instruments (Foreign Information of outward foreign remittance is reported by authorised dealer in form 15CC.
Direct
Investments) – (Purpose Code: S0007)
8. Outward foreign remittance – Repatriation of FDI in real estate (Foreign Information of outward foreign remittance is reported by authorised dealer in form 15CC.
Direct Investments) – (Purpose Code: S0008)
9. Outward foreign remittance – Repatriation of foreign portfolio investment in Information of outward foreign remittance is reported by authorised dealer in form 15CC.
equity shares (Foreign Portfolio Investments) – (Purpose
Code: S0009)
0. Outward foreign remittance – Repatriation of foreign portfolio investment in Information of outward foreign remittance is reported by authorised dealer in form 15CC.
debt instruments (Foreign Portfolio Investments) – (Purpose Code: S0010)
11. Outward foreign remittance – Loans extended to non-residents (External Information of outward foreign remittance is reported by authorised dealer in form 15CC.
Commercial Borrowings) – (Purpose Code: S0011)
12. Outward foreign remittance – Repayment of long & medium term loans Information of outward foreign remittance is reported by authorised dealer in form 15CC.
received from Non- Residents (External Commercial Borrowings) – (Purpose
Code: S0012)
13. Outward foreign remittance – Repayment of short term loans received from Information of outward foreign remittance is reported by authorised dealer in form 15CC.
Non-Residents (Short Term Loans) – (Purpose Code: S0013)
14. Outward foreign remittance – Repatriation of Non-Resident Deposits Information of outward foreign remittance is reported by authorised dealer in form 15CC.
(FCNR(B) / NR(E)RA etc) (Banking Capital ) – (Purpose Code: S0014)
15. Outward foreign remittance – Repayment of loans & overdrafts taken by ADs Information of outward foreign remittance is reported by authorised dealer in form 15CC.
on their own account (Banking Capital ) – (Purpose Code: S0015)
16. Outward foreign remittance – Sale of a foreign currency against another Information of outward foreign remittance is reported by authorised dealer in form 15CC.
foreign currency (Banking Capital ) – (Purpose Code: S0016)
17. Outward foreign remittance – Acquisition of non-produced non-financial Information of outward foreign remittance is reported by authorised dealer in form 15CC.
assets – Government (Capital Account) – (Purpose
Code: S0017)
18. Outward foreign remittance – Other capital payments not included Elsewhere Information of outward foreign remittance is reported by authorised dealer in form 15CC.
(Banking Capital ) – (Purpose Code: S0018)
19. Outward foreign remittance – Acquisition of non-produced non-financial Information of outward foreign remittance is reported by authorised dealer in form 15CC.
assets – Non- Government (Capital Account) – (Purpose
Code: S0019)
20. Outward foreign remittance – Payments made on account of margin Information of outward foreign remittance is reported by authorised dealer in form 15CC.
payments etc. under financial derivative transactions (Financial Derivatives
and Others) – (Purpose Code: S0020)
21. Outward foreign remittance – Payments made on account of sale of share Information of outward foreign remittance is reported by authorised dealer in form 15CC.
under ESOP (Financial Derivatives and Others) – (Purpose Code: S0021)
22. Outward foreign remittance – Investment in Indian Depositories Receipts Information of outward foreign remittance is reported by authorised dealer in form 15CC.
(IDRs) (Financial Derivatives and Others) – (Purpose Code: S0022)
23. Outward foreign remittance – Opening of foreign currency account abroad Information of outward foreign remittance is reported by authorised dealer in form 15CC.
with a bank (Financial Derivatives and Others) – (Purpose Code: S0023)
24. Outward foreign remittance – External Assistance extended by India to Information of outward foreign remittance is reported by authorised dealer in form 15CC.
Foreign governments (External Assistance) – (Purpose Code: S0024)
25. Outward foreign remittance – Repayments made on account of External Information of outward foreign remittance is reported by authorised dealer in form 15CC.
Assistance received by India (External Assistance) – (Purpose Code: S0025)
26. Outward foreign remittance – Capital transfers – Government (Capital Information of outward foreign remittance is reported by authorised dealer in form 15CC.
Account) – (Purpose Code: S0026)
27. Outward foreign remittance – Capital transfers – Non-Government (Capital Information of outward foreign remittance is reported by authorised dealer in form 15CC.
28. Outward foreign remittance – Other capital payments not included elsewhere Information of outward foreign remittance is reported by authorised dealer in form 15CC.
(Capital Account) – (Purpose Code: S0099)
29. Outward foreign remittance – Advance payment against imports (Imports) – Information of outward foreign remittance is reported by authorised dealer in form 15CC.
(Purpose Code: S0101)
30. Outward foreign remittance – Payment towards imports settlement of invoice Information of outward foreign remittance is reported by authorised dealer in form 15CC.
(Imports) – (Purpose Code: S0102)
31. Outward foreign remittance – Imports by diplomatic missions (Imports) – Information of outward foreign remittance is reported by authorised dealer in form 15CC.
32. Outward foreign remittance – Intermediary trade / transit trade (Imports) – Information of outward foreign remittance is reported by authorised dealer in form 15CC.
33. Outward foreign remittance – Goods acquired under merchanting / Payment Information of outward foreign remittance is reported by authorised dealer in form 15CC.
against import leg of merchanting trade (Imports) – (Purpose Code: S0108)
34. Outward foreign remittance – Payments made for Imports from Nepal and Information of outward foreign remittance is reported by authorised dealer in form 15CC.
Bhutan (Imports) – (Purpose Code: S0109)
35. Outward foreign remittance – Imports below Rs. 500.000 (Imports) – Information of outward foreign remittance is reported by authorised dealer in form 15CC.
36. Outward foreign remittance – Payments for surplus freight / passenger fare Information of outward foreign remittance is reported by authorised dealer in form 15CC.
by foreign shipping companies (Transport) – (Purpose
Code: S0201)
37. Outward foreign remittance – Payment for operating expenses of Indian Information of outward foreign remittance is reported by authorised dealer in form 15CC.
shipping companies (Transport) – (Purpose Code: S0202)
38. Outward foreign remittance – Freight on imports – Shipping companies Information of outward foreign remittance is reported by authorised dealer in form 15CC.
(Transport) – (Purpose Code: S0203)
39. Outward foreign remittance – Freight on exports – Shipping companies Information of outward foreign remittance is reported by authorised dealer in form 15CC.
40. Outward foreign remittance – Operational leasing / Rental of Vessels – Information of outward foreign remittance is reported by authorised dealer in form 15CC.
Shipping companies (Transport) – (Purpose Code: S0205)
41. Outward foreign remittance – Booking of passages abroad – Shipping Information of outward foreign remittance is reported by authorised dealer in form 15CC.
companies (Transport) – (Purpose Code: S0206)
42. Outward foreign remittance – Payments for surplus freight / passenger fare Information of outward foreign remittance is reported by authorised dealer in form 15CC.
by foreign airlines companies (Transport) – (Purpose
Code: S0207)
43. Outward foreign remittance – Operating expenses of Indian airlines Information of outward foreign remittance is reported by authorised dealer in form 15CC.
44. Outward foreign remittance – Freight on imports – Airlines companies Information of outward foreign remittance is reported by authorised dealer in form 15CC.
45. Outward foreign remittance – Freight on exports – Airlines companies Information of outward foreign remittance is reported by authorised dealer in form 15CC.
46. Outward foreign remittance – Operational leasing / Rental of Vessels – Airline Information of outward foreign remittance is reported by authorised dealer in form 15CC.
47. Outward foreign remittance – Booking of passages abroad – Airlines Information of outward foreign remittance is reported by authorised dealer in form 15CC.
48. Outward foreign remittance – Payments on account of stevedoring, Information of outward foreign remittance is reported by authorised dealer in form 15CC.
demurrage, port handling charges etc (Transport) – (Purpose Code: S0213)
demurrage, port handling charges etc. (Shipping companies)
demurrage, port handling charges, etc.(Airlines companies) (Transport) –
51. Outward foreign remittance – Payments for Passenger – Shipping companies Information of outward foreign remittance is reported by authorised dealer in form 15CC.
52. Outward foreign remittance – Other payments by Shipping companies Information of outward foreign remittance is reported by authorised dealer in form 15CC.
53. Outward foreign remittance – Payments for Passenger – Airlines companies Information of outward foreign remittance is reported by authorised dealer in form 15CC.
54. Outward foreign remittance – Other Payments by Airlines companies Information of outward foreign remittance is reported by authorised dealer in form 15CC.
55. Outward foreign remittance – Payments on account of freight under other Information of outward foreign remittance is reported by authorised dealer in form 15CC.
modes of transport (Transport) – (Purpose Code: S0220)
56. Outward foreign remittance – Payments on account of passenger fare under Information of outward foreign remittance is reported by authorised dealer in form 15CC.
other modes of transport (Transport) – (Purpose Code: S0221)
57. Outward foreign remittance – Postal & Courier services by Air (Transport) – Information of outward foreign remittance is reported by authorised dealer in form 15CC.
58. Outward foreign remittance – Postal & Courier services by Sea (Transport) – Information of outward foreign remittance is reported by authorised dealer in form 15CC.
59. Outward foreign remittance – Postal & Courier services by others (Transport) Information of outward foreign remittance is reported by authorised dealer in form 15CC.
– (Purpose Code: S0224)
60. Outward foreign remittance – Business travel (Travel) – (Purpose Code: Information of outward foreign remittance is reported by authorised dealer in form 15CC.
S0301)
61. Outward foreign remittance – Travel under basic travel quota (Travel) – Information of outward foreign remittance is reported by authorised dealer in form 15CC.
62. Outward foreign remittance – Travel for pilgrimage (Travel) – (Purpose Code: Information of outward foreign remittance is reported by authorised dealer in form 15CC.
S0303)
63. Outward foreign remittance – Travel for medical treatment (Travel) – Information of outward foreign remittance is reported by authorised dealer in form 15CC.
64. Outward foreign remittance – Travel for education (Travel) – (Purpose Code: Information of outward foreign remittance is reported by authorised dealer in form 15CC.
S0305)
65. Outward foreign remittance – Other travel (Travel) – (Purpose Code: S0306) Information of outward foreign remittance is reported by authorised dealer in form 15CC.
66. Outward foreign remittance – Postal services (OLD) – (Purpose Code: Information of outward foreign remittance is reported by authorised dealer in form 15CC.
S0401)
67. Outward foreign remittance – Courier services (OLD) – (Purpose Code: Information of outward foreign remittance is reported by authorised dealer in form 15CC.
S0402)
68. Outward foreign remittance – Telecommunication services (OLD) – (Purpose Information of outward foreign remittance is reported by authorised dealer in form 15CC.
Code: S0403)
69. Outward foreign remittance – Satellite services (OLD) – (Purpose Code: Information of outward foreign remittance is reported by authorised dealer in form 15CC.
S0404)
70. Outward foreign remittance – Construction of projects abroad by Indian Information of outward foreign remittance is reported by authorised dealer in form 15CC.
companies (Construction Services) – (Purpose Code: S0501)
71. Outward foreign remittance – Cost of construction etc. of projects executed Information of outward foreign remittance is reported by authorised dealer in form 15CC.
by foreign companies in India (Construction Services) – (Purpose Code:
S0502)
72. Outward foreign remittance – Life Insurance premium except term insurance Information of outward foreign remittance is reported by authorised dealer in form 15CC.
(Insurance and Pension Services) – (Purpose Code: S0601)
73. Outward foreign remittance – Freight insurance relating to import & export of Information of outward foreign remittance is reported by authorised dealer in form 15CC.
goods (Insurance and Pension Services) – (Purpose Code: S0602)
74. Outward foreign remittance – Other general insurance premium (Insurance Information of outward foreign remittance is reported by authorised dealer in form 15CC.
and Pension Services) – (Purpose Code: S0603)
75. Outward foreign remittance – Reinsurance premium (Insurance and Pension Information of outward foreign remittance is reported by authorised dealer in form 15CC.
Services) – (Purpose Code: S0604)
76. Outward foreign remittance – Auxiliary services including commission on Information of outward foreign remittance is reported by authorised dealer in form 15CC.
insurance (Insurance and Pension Services) – (Purpose Code: S0605)
77. Outward foreign remittance – Settlement of claims (Insurance and Pension Information of outward foreign remittance is reported by authorised dealer in form 15CC.
78. Outward foreign remittance – Insurance claim settlement of non-life Information of outward foreign remittance is reported by authorised dealer in form 15CC.
insurance; and life insurance (Insurance and Pension Services) – (Purpose
Code: S0607)
79. Outward foreign remittance – Life Insurance Claim Settlements (Insurance Information of outward foreign remittance is reported by authorised dealer in form 15CC.
80. Outward foreign remittance – Standardised guarantee services (Insurance Information of outward foreign remittance is reported by authorised dealer in form 15CC.
81. Outward foreign remittance – Premium for pension funds (Insurance and Information of outward foreign remittance is reported by authorised dealer in form 15CC.
Pension Services) – (Purpose Code: S0610)
82. Outward foreign remittance – Periodic pension entitlements by Indian Information of outward foreign remittance is reported by authorised dealer in form 15CC.
Pension Fund Companies (Insurance and Pension Services) – (Purpose
Code: S0611)
83. Outward foreign remittance – Invoking of standardised guarantees (Insurance Information of outward foreign remittance is reported by authorised dealer in form 15CC.
84. Outward foreign remittance – Financial intermediation charges (Financial Information of outward foreign remittance is reported by authorised dealer in form 15CC.
85. Outward foreign remittance – Investment banking brokerage, under writing Information of outward foreign remittance is reported by authorised dealer in form 15CC.
commission etc. (Financial Services) – (Purpose Code:
S0702)
86. Outward foreign remittance – Auxiliary services charges on operation & Information of outward foreign remittance is reported by authorised dealer in form 15CC.
regulatory fees etc. (Financial Services) – (Purpose Code: S0703)
87. Outward foreign remittance – Hardware consultancy / implementation Information of outward foreign remittance is reported by authorised dealer in form 15CC.
(Telecommunication, Computer & Information Services) – (Purpose Code:
S0801)
88. Outward foreign remittance – Software consultancy / implementation Information of outward foreign remittance is reported by authorised dealer in form 15CC.
S0802)
89. Outward foreign remittance – Data base, data processing charges Information of outward foreign remittance is reported by authorised dealer in form 15CC.
(Telecommunication,
Computer & Information Services) – (Purpose Code: S0803)
90. Outward foreign remittance – Repair and maintenance of computer and Information of outward foreign remittance is reported by authorised dealer in form 15CC.
software (Telecommunication, Computer & Information Services) – (Purpose
Code: S0804)
91. Outward foreign remittance – News agency services (Telecommunication, Information of outward foreign remittance is reported by authorised dealer in form 15CC.
92. Outward foreign remittance – Subscription to newspapers, periodicals Information of outward foreign remittance is reported by authorised dealer in form 15CC.
S0806)
93. Outward foreign remittance – Off-site software imports (Telecommunication, Information of outward foreign remittance is reported by authorised dealer in form 15CC.
Computer &
Information Services) – (Purpose Code: S0807)
94. Outward foreign remittance -Telecommunication services

Information of outward foreign remittance is reported by authorised dealer in form 15CC.
S0808)
95. Outward foreign remittance – Satellite services (Telecommunication, Information of outward foreign remittance is reported by authorised dealer in form 15CC.
96. Outward foreign remittance – Franchises services (Charges for the use of Information of outward foreign remittance is reported by authorised dealer in form 15CC.
intellectual property) – (Purpose Code: S0901)
97. Outward foreign remittance – Payment for use, through licensing Information of outward foreign remittance is reported by authorised dealer in form 15CC.
arrangements, of produced originals or prototypes, patents etc. (Charges for
the use of intellectual property) – (Purpose Code: S0902)
98. Outward foreign remittance – Merchanting services – net payments (Charges Information of outward foreign remittance is reported by authorised dealer in form 15CC.
for the use of intellectual property) – (Purpose Code: S0903)
99. Outward foreign remittance – Trade related services commission on exports / Information of outward foreign remittance is reported by authorised dealer in form 15CC.
imports (Other Business Services) – (Purpose Code: S1002)
100. Outward foreign remittance – Operational leasing services without operating Information of outward foreign remittance is reported by authorised dealer in form 15CC.
crew including charter hire- Airlines companies (Other Business Services) –
101. Outward foreign remittance – Legal services (Other Business Services) – Information of outward foreign remittance is reported by authorised dealer in form 15CC.
102. Outward foreign remittance – Accounting, auditing, book keeping services Information of outward foreign remittance is reported by authorised dealer in form 15CC.
(Other Business Services) – (Purpose Code: S1005)
103. Outward foreign remittance – Business and management consultancy and Information of outward foreign remittance is reported by authorised dealer in form 15CC.
public relations services (Other Business Services) – (Purpose Code: S1006)
104. Outward foreign remittance – Advertising, trade fair service (Other Business Information of outward foreign remittance is reported by authorised dealer in form 15CC.
105. Outward foreign remittance – Research & Development services (Other Information of outward foreign remittance is reported by authorised dealer in form 15CC.
Business Services) – (Purpose Code: S1008)
106. Outward foreign remittance – Architectural services (Other Business Information of outward foreign remittance is reported by authorised dealer in form 15CC.
107. Outward foreign remittance – Agricultural services (Other Business Services) Information of outward foreign remittance is reported by authorised dealer in form 15CC.
108. Outward foreign remittance – Payments for maintenance of offices abroad Information of outward foreign remittance is reported by authorised dealer in form 15CC.
109. Outward foreign remittance – Distribution services (Other Business Services) Information of outward foreign remittance is reported by authorised dealer in form 15CC.
110. Outward foreign remittance – Environmental services (Other Business Information of outward foreign remittance is reported by authorised dealer in form 15CC.
111. Outward foreign remittance – Engineering services (Other Business Information of outward foreign remittance is reported by authorised dealer in form 15CC.
112. Outward foreign remittance – Tax consulting services (Other Business Information of outward foreign remittance is reported by authorised dealer in form 15CC.
113. Outward foreign remittance – Market research and public opinion polling Information of outward foreign remittance is reported by authorised dealer in form 15CC.
service (Other Business Services) – (Purpose Code: S1016)
114. Outward foreign remittance – Publishing and printing services (Other Information of outward foreign remittance is reported by authorised dealer in form 15CC.
115. Outward foreign remittance – Mining services (Other Business Services) – Information of outward foreign remittance is reported by authorised dealer in form 15CC.
116. Outward foreign remittance – Other services not included elsewhere (Other Information of outward foreign remittance is reported by authorised dealer in form 15CC.
117. Outward foreign remittance – Commission agent services (Other Business Information of outward foreign remittance is reported by authorised dealer in form 15CC.
118. Outward foreign remittance – Wholesale and retailing trade services (Other Information of outward foreign remittance is reported by authorised dealer in form 15CC.
Business
119. Outward foreign remittance – Operational leasing services without operating Information of outward foreign remittance is reported by authorised dealer in form 15CC.
crew, including charter hire Shipping companies (Other Business Services) –
120. Outward foreign remittance – Other Technical Services including scientific / Information of outward foreign remittance is reported by authorised dealer in form 15CC.
space services (Other Business Services) – (Purpose Code: S1023)
121. Outward foreign remittance – Other services not included elsewhere Other Information of outward foreign remittance is reported by authorised dealer in form 15CC.
122. Outward foreign remittance – Audio visual and related services (Personal, Information of outward foreign remittance is reported by authorised dealer in form 15CC.
Cultural & Recreational services) – (Purpose Code: S1101)
123. Outward foreign remittance – Personal, cultural services (Personal, Cultural Information of outward foreign remittance is reported by authorised dealer in form 15CC.
& Recreational services) – (Purpose Code: S1102)
124. Outward foreign remittance – Radio and television production, distribution Information of outward foreign remittance is reported by authorised dealer in form 15CC.
and transmission services (Personal, Cultural &
Recreational services) – (Purpose Code: S1103)

125. Outward foreign remittance – Entertainment services (Personal, Cultural & Information of outward foreign remittance is reported by authorised dealer in form 15CC.
Recreational
services) – (Purpose Code: S1104)
126. Outward foreign remittance – Museums, library and archival services Information of outward foreign remittance is reported by authorised dealer in form 15CC.
(Personal, Cultural &
127. Outward foreign remittance – Recreation and sporting activities services Information of outward foreign remittance is reported by authorised dealer in form 15CC.
(Personal, Cultural & Recreational services) – (Purpose Code: S1106)
128. Outward foreign remittance – Education (Personal, Cultural & Recreational Information of outward foreign remittance is reported by authorised dealer in form 15CC.
129. Outward foreign remittance – Health Service (Personal, Cultural & Information of outward foreign remittance is reported by authorised dealer in form 15CC.
130. Outward foreign remittance – Other Personal, Cultural & Recreational Information of outward foreign remittance is reported by authorised dealer in form 15CC.
services (Personal, Cultural & Recreational services) – (Purpose Code:
S1109)
131. Outward foreign remittance – Maintenance of Indian embassies abroad Information of outward foreign remittance is reported by authorised dealer in form 15CC.
(Govt. not included elsewhere) – (Purpose Code: S1201)
132. Outward foreign remittance – Remittances by foreign embassies in India Information of outward foreign remittance is reported by authorised dealer in form 15CC.
(Govt. not included elsewhere) – (Purpose Code: S1202)
133. Outward foreign remittance – Remittance for family maintenance and savings Information of outward foreign remittance is reported by authorised dealer in form 15CC.
(Secondary Income) – (Purpose Code: S1301)
134. Outward foreign remittance – Remittance towards personal gifts and Information of outward foreign remittance is reported by authorised dealer in form 15CC.
donations (Secondary Income) – (Purpose Code: S1302)
135. Outward foreign remittance – Remittance towards donations to religious and Information of outward foreign remittance is reported by authorised dealer in form 15CC.
charitable institutions abroad (Secondary Income) –
136. Outward foreign remittance – Remittance towards grants and donations to Information of outward foreign remittance is reported by authorised dealer in form 15CC.
other governments and charitable institutions (Secondary Income) –
137. Outward foreign remittance – Contributions / donations by the Government to Information of outward foreign remittance is reported by authorised dealer in form 15CC.
international institutions (Secondary Income) – (Purpose Code: S1305)
138. Outward foreign remittance – Remittance towards payment / refund of taxes Information of outward foreign remittance is reported by authorised dealer in form 15CC.
139. Outward foreign remittance – Outflows on account of migrant transfers Information of outward foreign remittance is reported by authorised dealer in form 15CC.
140. Outward foreign remittance – Compensation of employees (Primary Income) Information of outward foreign remittance is reported by authorised dealer in form 15CC.
141. Outward foreign remittance – Remittance towards interest on Non-Resident Information of outward foreign remittance is reported by authorised dealer in form 15CC.
deposits (FCNR(B) / NR(E)RA, etc.) (Primary Income) – (Purpose Code:
S1402)
142. Outward foreign remittance – Remittance towards interest on loans from Information of outward foreign remittance is reported by authorised dealer in form 15CC.
Non-Residents (ST / MT / LT loans) (Primary Income) – (Purpose Code:
S1403)
143. Outward foreign remittance – Remittance of interest on debt securities Information of outward foreign remittance is reported by authorised dealer in form 15CC.
debentures / bonds / FRNs etc. (Primary Income) – (Purpose Code: S1404)
144. Outward foreign remittance – Remittance towards interest payment by ADs Information of outward foreign remittance is reported by authorised dealer in form 15CC.
on their own account (Primary Income) – (Purpose Code: S1405)
145. Outward foreign remittance – Repatriation of profits (Primary Income) – Information of outward foreign remittance is reported by authorised dealer in form 15CC.
(Purpose Code:
S1406)
146. Outward foreign remittance – Payment/repatriation of dividends (Primary Information of outward foreign remittance is reported by authorised dealer in form 15CC.
Income) – (Purpose Code: S1407)
147. Outward foreign remittance – Remittance of profit by FDI enterprises in India Information of outward foreign remittance is reported by authorised dealer in form 15CC.
(Primary
148. Outward foreign remittance – Remittance of dividends by FDI enterprises in Information of outward foreign remittance is reported by authorised dealer in form 15CC.
India on equity and investment fund shares (Primary Income) – (Purpose
Code: S1409)
149. Outward foreign remittance – Payment of interest by FDI enterprises in India Information of outward foreign remittance is reported by authorised dealer in form 15CC.
to their Parent company abroad (Primary Income) – (Purpose Code: S1410)
150. Outward foreign remittance – Remittance of interest income on account of Information of outward foreign remittance is reported by authorised dealer in form 15CC.
Portfolio Investment in India (Primary Income) -(Purpose Code: S1411)
151. Outward foreign remittance – Remittance of dividends on account of Portfolio Information of outward foreign remittance is reported by authorised dealer in form 15CC.
Investment in India on equity and investment fund shares (Primary Income) –
152. Outward foreign remittance – Refunds / rebates / reduction in invoice value Information of outward foreign remittance is reported by authorised dealer in form 15CC.
on account of exports (Others) – (Purpose Code: S1501)
153. Outward foreign remittance – Reversal of wrong entries, refunds of amount Information of outward foreign remittance is reported by authorised dealer in form 15CC.
remitted for non-exports (Others) – (Purpose Code: S1502)
154. Outward foreign remittance – Payments by residents for international bidding Information of outward foreign remittance is reported by authorised dealer in form 15CC.
(Others) – (Purpose Code: S1503)
155. Outward foreign remittance – Notional sales when export bills are dishonored Information of outward foreign remittance is reported by authorised dealer in form 15CC.
/ crystallised / cancelled and reversed from suspense
account (Others) – (Purpose Code: S1504)
156. Outward foreign remittance – Deemed Imports (Others) – (Purpose Code: Information of outward foreign remittance is reported by authorised dealer in form 15CC.
S1505)
157. Outward foreign remittance – Payments on account of maintenance and Information of outward foreign remittance is reported by authorised dealer in form 15CC.
repair services rendered for vessels etc. (Maintenance and repair services) –
158. Outward foreign remittance – Payments on account of maintenance and Information of outward foreign remittance is reported by authorised dealer in form 15CC.
repair services rendered for aircrafts etc. (Maintenance and repair services) –
159. Outward foreign remittance – Payments for processing of goods Information of outward foreign remittance is reported by authorised dealer in form 15CC.
(Manufacturing services) – (Purpose Code: S1701)
160. Remittance under LRS for educational loan (u/s 206C(1G)) Information about Remittance under LRS for educational loan taken from financial institutions mentioned in section
80E (Third proviso to Section 206C(1G)) is
reported by authorised dealer through TCS form 27EQ for specified foreign remittances made by remitter PAN.
161. Remittance under LRS (u/s 206C(1G(a))) Information about Remittance under LRS for purpose other than for purchase of overseas tour package or for
educational loan taken from financial institution (Section 206C(1G(a))) is reported by authorised dealer through
TCS form 27EQ for specified foreign remittances made by remitter PAN.
162. Purchase of foreign currency (SFT-011) Information is reported by reporting entity in form 61A.
163. Payment for purchase, or remittance outside India (Form 60/61) Payments for purchase of foreign currency or remittances outside India may be reported in Form 61 if the PAN is
not furnished by the transacting party.

i. Information shall be listed on the basis of PAN of remitter, Name/PAN of remittee, country of remittance date of remittance, amount and RBI purpose code wise across all sources.
ii. In case multiple values are found for a single combination as mentioned above, remittance with higher amount will be retained for AIS summary and other records shall be marked as duplicate.
b. Information is not fully correct:
4.41 Receipt of foreign remittance
1. Payment received by non-residents Information relating to payment of royalty or fees for technical services etc., paid to nonresidents is reported by deductor in form 27Q. This information is
(Section 195) provided by the deductor to the deductee (taxpayer) in Form 16A.
2. Receipt of Foreign remittance Information is reported by authorised dealer in form 15CC for foreign remittances made by remitter PAN.
(Form 15CC)
1. Payment received by non-residents (Section 195) Information relating to payment of royalty or fees for technical services etc., paid to nonresidents is
reported by deductor in form 27Q. This information is provided by the deductor to the deductee
(taxpayer) in Form 16A.
2. Receipt of foreign remittance – Indian portfolio investment abroad in equity shares Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
(Foreign Portfolio Investments) –
3. Receipt of foreign remittance – Indian Portfolio investment abroad in debt instruments Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
(Foreign Portfolio Investments) – (Purpose Code: S0002)
4. Receipt of foreign remittance – Indian direct investment abroad in equity shares Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
(Foreign Direct Investments) – (Purpose Code: S0003)
5. Receipt of foreign remittance – Indian direct investment abroad in debt instruments Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
(Foreign Direct Investments) – (Purpose
Code: S0004)
6. Receipt of foreign remittance – Indian investment abroad in real estate (Foreign Direct Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
7. Receipt of foreign remittance – Repatriation of FDI in equity shares (Foreign Direct Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
8. Receipt of foreign remittance – Repatriation of FDI in debt instruments (Foreign Direct Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
9. Receipt of foreign remittance – Repatriation of FDI in real estate (Foreign Direct Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
10. Receipt of foreign remittance – Repatriation of foreign portfolio investment in equity Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
shares (Foreign Portfolio Investments) – (Purpose Code: S0009)
11. Receipt of foreign remittance – Repatriation of foreign portfolio investment in debt Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
instruments (Foreign Portfolio Investments) – (Purpose Code: S0010)
12. Receipt of foreign remittance – Loans extended to non-residents (External Commercial Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
Borrowings) – (Purpose Code: S0011)
13. Receipt of foreign remittance – Repayment of long & medium term loans received from Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
Non-Residents (External Commercial
Borrowings) – (Purpose Code: S0012)
14. Receipt of foreign remittance – Repayment of short term loans received from Non-
Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
Residents (Short Term Loans) – (Purpose Code: S0013)
15. Receipt of foreign remittance – Repatriation of Non-Resident Deposits (FCNR(B) /

NR(E)RA etc) (Banking Capital ) – (Purpose Code: S0014)
16. Receipt of foreign remittance – Repayment of loans & overdrafts taken by ADs on their Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
own account (Banking Capital ) – (Purpose Code: S0015)
17. Receipt of foreign remittance – Sale of a foreign currency against another foreign Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
currency (Banking Capital ) – (Purpose Code: S0016)
18. Receipt of foreign remittance – Acquisition of non-produced non-financial assets - Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
Government (Capital Account) – (Purpose Code: S0017)
19. Receipt of foreign remittance – Other capital payments not included Elsewhere Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
(Banking Capital ) – (Purpose Code: S0018)
20. Receipt of foreign remittance – Acquisition of non-produced non-financial assets – Non- Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
Government (Capital Account) –
21. Receipt of foreign remittance – Payments made on account of margin payments etc. Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
under financial derivative transactions (Financial Derivatives and Others) – (Purpose
Code: S0020)
22. Receipt of foreign remittance – Payments made on account of sale of share under Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
ESOP (Financial Derivatives and Others) – (Purpose Code: S0021)
23. Receipt of foreign remittance – Investment in Indian Depositories Receipts (IDRs) Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
(Financial Derivatives and Others) – (Purpose Code: S0022)
24. Receipt of foreign remittance – Opening of foreign currency account abroad with a bank Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
(Financial Derivatives and Others) – (Purpose Code: S0023)
25. Receipt of foreign remittance – External Assistance extended by India to Foreign Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
governments (External Assistance) –
26. Receipt of foreign remittance – Repayments made on account of External Assistance Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
received by India (External Assistance) –
27. Receipt of foreign remittance – Capital transfers – Government (Capital Account) – Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
28. Receipt of foreign remittance – Capital transfers – Non-Government (Capital

29. Receipt of foreign remittance – Other capital payments not included elsewhere (Capital Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
30. Receipt of foreign remittance – Advance payment against imports (Imports) –

31. Receipt of foreign remittance – Payment towards imports settlement of invoice

32. Receipt of foreign remittance – Imports by diplomatic missions (Imports) – (Purpose Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
Code: S0103)
33. Receipt of foreign remittance – Intermediary trade / transit trade (Imports) – (Purpose Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
Code: S0104)
34. Receipt of foreign remittance – Goods acquired under merchanting / Payment against Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
import leg of merchanting trade (Imports) – (Purpose Code: S0108)
35. Receipt of foreign remittance – Payments made for Imports from Nepal and Bhutan Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
36. Receipt of foreign remittance – Imports below Rs. 500.000 (Imports) – (Purpose Code: Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
S0190)
37. Receipt of foreign remittance – Payments for surplus freight / passenger fare by foreign Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
shipping companies (Transport) – (Purpose Code: S0201)
38. Receipt of foreign remittance – Payment for operating expenses of Indian shipping Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
39. Receipt of foreign remittance – Freight on imports – Shipping companies (Transport) – Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
40. Receipt of foreign remittance – Freight on exports – Shipping companies (Transport) – Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
41. Receipt of foreign remittance – Operational leasing / Rental of Vessels – Shipping Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
42. Receipt of foreign remittance – Booking of passages abroad – Shipping companies

43. Receipt of foreign remittance – Payments for surplus freight / passenger fare by foreign Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
airlines companies (Transport) –
44. Receipt of foreign remittance – Operating expenses of Indian airlines companies Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
45. Receipt of foreign remittance – Freight on imports – Airlines companies (Transport) – Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
46. Receipt of foreign remittance – Freight on exports – Airlines companies (Transport) – Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
47. Receipt of foreign remittance – Operational leasing / Rental of Vessels – Airline Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
48. Receipt of foreign remittance – Booking of passages abroad – Airlines companies

49. Receipt of foreign remittance – Payments on account of stevedoring, demurrage, port Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
handling charges etc (Transport) – (Purpose Code: S0213)
handling charges etc.(Shipping companies) (Transport) – (Purpose Code: S0214)
handling charges, etc.(Airlines companies) (Transport) – (Purpose Code: S0215)
52. Receipt of foreign remittance – Payments for Passenger – Shipping companies Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
53. Receipt of foreign remittance – Other payments by Shipping companies (Transport) – Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
54. Receipt of foreign remittance – Payments for Passenger – Airlines companies

55. Receipt of foreign remittance – Other Payments by Airlines companies (Transport) – Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
56. Receipt of foreign remittance – Payments on account of freight under other modes of Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
transport (Transport) – (Purpose Code:
S0220)
57. Receipt of foreign remittance – Payments on account of passenger fare under other Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
modes of transport (Transport) – (Purpose Code: S0221)
58. Receipt of foreign remittance – Postal & Courier services by Air (Transport) – (Purpose Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
Code: S0222)
59. Receipt of foreign remittance – Postal & Courier services by Sea (Transport) – (Purpose Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
Code: S0223)
60. Receipt of foreign remittance – Postal & Courier services by others (Transport) – Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
61. Receipt of foreign remittance – Business travel (Travel) – (Purpose Code: S0301) Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
62. Receipt of foreign remittance – Travel under basic travel quota (Travel) – (Purpose Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
Code: S0302)
63. Receipt of foreign remittance – Travel for pilgrimage (Travel) – (Purpose Code: S0303) Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
64. Receipt of foreign remittance – Travel for medical treatment (Travel) – (Purpose Code: Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
S0304)
65. Receipt of foreign remittance – Travel for education (Travel) – (Purpose Code: S0305) Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
66. Receipt of foreign remittance – Other travel (Travel) – (Purpose Code: S0306) Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
67. Receipt of foreign remittance – Postal services (OLD) – (Purpose Code: S0401) Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
68. Receipt of foreign remittance – Courier services (OLD) – (Purpose Code: S0402) Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
69. Receipt of foreign remittance -Telecommunication services (OLD) –

70. Receipt of foreign remittance – Satellite Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
services (OLD) – (Purpose Code: S0404)
71. Receipt of foreign remittance – Construction of projects abroad by Indian companies Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
(Construction Services) – (Purpose Code: S0501)
72. Receipt of foreign remittance – Cost of construction etc. of projects executed by foreign Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
companies in India (Construction Services) – (Purpose Code: S0502)
73. Receipt of foreign remittance – Life Insurance premium except term insurance Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
74. Receipt of foreign remittance – Freight insurance relating to import & export of goods Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
75. Receipt of foreign remittance – Other general insurance premium (Insurance and Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
76. Receipt of foreign remittance – Reinsurance premium (Insurance and Pension Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
77. Receipt of foreign remittance – Auxiliary services including commission on insurance Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
78. Receipt of foreign remittance – Settlement of claims (Insurance and Pension Services) Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
79. Receipt of foreign remittance – Insurance claim settlement of non-life insurance; and life Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
insurance (Insurance and Pension Services) – (Purpose Code: S0607)
80. Receipt of foreign remittance – Life Insurance Claim Settlements (Insurance and Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
81. Receipt of foreign remittance -Standardised guarantee services (Insurance and Pension Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
82. Receipt of foreign remittance – Premium for pension funds (Insurance and Pension
83. Receipt of foreign remittance – Periodic pension entitlements by Indian Pension Fund Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
Companies (Insurance and Pension Services) – (Purpose Code: S0611)
84. Receipt of foreign remittance – Invoking of standardised guarantees (Insurance and

85. Receipt of foreign remittance – Financial intermediation charges (Financial Services) – Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
86. Receipt of foreign remittance – Investment banking brokerage, under writing Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
commission etc. (Financial Services) – (Purpose Code: S0702)
87. Receipt of foreign remittance – Auxiliary services charges on operation & regulatory Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
fees etc. (Financial Services) – (Purpose
Code: S0703)
88. Receipt of foreign remittance – Hardware consultancy / implementation Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
(Telecommunication, Computer & Information Services) – (Purpose Code: S0801)
89. Receipt of foreign remittance – Software consultancy / implementation Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
90. Receipt of foreign remittance – Data base, data processing charges Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
S0803)
91. Receipt of foreign remittance – Repair and maintenance of computer and software Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
92. Receipt of foreign remittance – News agency services (Telecommunication, Computer Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
& Information Services) – (Purpose Code:
S0805)
93. Receipt of foreign remittance – Subscription to newspapers, periodicals Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
S0806)
94. Receipt of foreign remittance – Off-site software imports (Telecommunication, Computer Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
& Information Services) –
95. Receipt of foreign remittance -Telecommunication services (Telecommunication, Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
96. Receipt of foreign remittance – Satellite services (Telecommunication, Computer & Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
Information Services) – (Purpose Code: S0809)
97. Receipt of foreign remittance – Franchises services (Charges for the use of intellectual Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
property) – (Purpose Code: S0901)
98. Receipt of foreign remittance – Payment for use, through licensing arrangements, of
produced originals or prototypes, patents etc. (Charges for the use of intellectual
property) – (Purpose Code: S0902)
99. Receipt of foreign remittance – Merchanting services – net payments (Charges for the Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
use of intellectual property) – (Purpose
Code: S0903)
100. Receipt of foreign remittance – Trade related services commission on exports /imports Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
(Other Business Services) –
101. Receipt of foreign remittance – Operational leasing services without operating crew Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
including charter hire- Airlines companies (Other Business Services) – (Purpose Code:
S1003)
102. Receipt of foreign remittance – Legal services (Other Business Services) – (Purpose Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
Code: S1004)
103. Receipt of foreign remittance – Accounting, auditing, book keeping services (Other
104. Receipt of foreign remittance – Business and management consultancy and public
relations services (Other Business Services) – (Purpose Code: S1006)
105. Receipt of foreign remittance – Advertising, trade fair service (Other Business Services) Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
106. Receipt of foreign remittance – Research & Development services (Other Business
107. Receipt of foreign remittance – Architectural services (Other Business Services) –

108. Receipt of foreign remittance – Agricultural services (Other Business Services) – Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
109. Receipt of foreign remittance – Payments for maintenance of offices abroad (Other Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
110. Receipt of foreign remittance – Distribution services (Other Business Services) – Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
111. Receipt of foreign remittance – Environmental services (Other Business Services) – Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
112. Receipt of foreign remittance – Engineering services (Other Business Services) –

113. Receipt of foreign remittance – Tax consulting services (Other Business Services) – Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
114. Receipt of foreign remittance – Market research and public opinion polling service Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
115. Receipt of foreign remittance – Publishing and printing services (Other Business Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
116. Receipt of foreign remittance – Mining services (Other Business Services) – (Purpose Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
Code: S1018)
117. Receipt of foreign remittance – Other services not included elsewhere (Other Business Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
118. Receipt of foreign remittance – Commission agent services (Other Business Services) – Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
119. Receipt of foreign remittance – Wholesale and retailing trade services (Other Business Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
120. Receipt of foreign remittance – Operational leasing services without operating crew, Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
including charter hire Shipping companies (Other Business Services) – (Purpose Code:
S1022)
121. Receipt of foreign remittance – Other Technical Services including scientific/ space Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
services (Other Business Services) – (Purpose Code: S1023)
122. Receipt of foreign remittance – Other services not included elsewhere (Other Business Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
123. Receipt of foreign remittance – Audio visual and related services (Personal, Cultural & Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
124. Receipt of foreign remittance – Personal, cultural services (Personal, Cultural & Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
125. Receipt of foreign remittance – Radio and television production, distribution and Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
transmission services (Personal, Cultural & Recreational services) – (Purpose Code:
S1103)
126. Receipt of foreign remittance – Entertainment services (Personal, Cultural & Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
127. Receipt of foreign remittance – Museums, library and archival services (Personal, Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
128. Receipt of foreign remittance – Recreation and sporting activities services (Personal, Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
129. Receipt of foreign remittance – Education (Personal, Cultural & Recreational services) – Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
130. Receipt of foreign remittance – Health Service (Personal, Cultural & Recreational Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
131. Receipt of foreign remittance – Other Personal, Cultural & Recreational services Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
(Personal, Cultural & Recreational services) – (Purpose Code: S1109)
132. Receipt of foreign remittance – Maintenance of Indian embassies abroad (Govt. not Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
included elsewhere) – (Purpose Code: S1201)
133. Receipt of foreign remittance – Remittances by foreign embassies in India (Govt. not Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
included elsewhere) – (Purpose Code: S1202)
134. Receipt of foreign remittance – Remittance for family maintenance and savings Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
135. Receipt of foreign remittance – Remittance towards personal gifts and donations Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
(Secondary Income) – (Purpose Code:
S1302)
136. Receipt of foreign remittance – Remittance towards donations to religious and Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
charitable institutions abroad (Secondary Income) – (Purpose Code: S1303)
137. Receipt of foreign remittance – Remittance towards grants and donations to other Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
governments and charitable institutions (Secondary Income) – (Purpose Code: S1304)
138. Receipt of foreign remittance – Contributions / donations by the Government to Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
international institutions (Secondary Income) – (Purpose Code: S1305)
139. Receipt of foreign remittance – Remittance towards payment / refund of taxes Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
(Secondary Income) – (Purpose Code:
S1306)
140. Receipt of foreign remittance – Outflows on account of migrant transfers (Secondary Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
141. Receipt of foreign remittance – Compensation of employees (Primary Income) – Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
142. Receipt of foreign remittance – Remittance towards interest on Non-Resident deposits Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
(FCNR(B) / NR(E)RA, etc.) (Primary Income) – (Purpose Code: S1402)
143. Receipt of foreign remittance – Remittance towards interest on loans from Non- Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
Residents (ST / MT / LT loans) (Primary Income) – (Purpose Code: S1403)
144. Receipt of foreign remittance – Remittance of interest on debt securities Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
debentures/bonds/ FRNs etc. (Primary Income) –
145. Receipt of foreign remittance – Remittance towards interest payment by ADs on their Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
own account (Primary Income) – (Purpose Code: S1405)
146. Receipt of foreign remittance – Repatriation of profits (Primary Income) – (Purpose Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
Code: S1406)
147. Receipt of foreign remittance – Payment/ repatriation of dividends (Primary Income) – Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
148. Receipt of foreign remittance – Remittance of profit by FDI enterprises in India (Primary Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
149. Receipt of foreign remittance – Remittance of dividends by FDI enterprises in India on Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
equity and investment fund shares (Primary Income) – (Purpose Code: S1409)
150. Receipt of foreign remittance – Payment of interest by FDI enterprises in India to their Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
Parent company abroad (Primary Income) – (Purpose Code: S1410)
151. Receipt of foreign remittance – Remittance of interest income on account of Portfolio Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
Investment in India (Primary Income) – (Purpose Code: S1411)
152. Receipt of foreign remittance – Remittance of dividends on account of Portfolio Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
Investment in India on equity and investment fund shares (Primary Income) – (Purpose
Code: S1412)
153. Receipt of foreign remittance – Refunds / rebates / reduction in invoice value on Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
account of exports (Others) – (Purpose
Code: S1501)
154. Receipt of foreign remittance – Reversal of wrong entries, refunds of amount remitted Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
for non-exports (Others) – (Purpose Code: S1502)
155. Receipt of foreign remittance – Payments by residents for international bidding (Others) Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
156. Receipt of foreign remittance – Notional sales when export bills are dishonored / Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
crystallised / cancelled and reversed from suspense account (Others) – (Purpose Code:
S1504)
157. Receipt of foreign remittance – Deemed Imports (Others) – (Purpose Code: S1505) Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
158. Receipt of foreign remittance – Payments on account of maintenance and repair Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
services rendered for vessels etc. (Maintenance and repair services) – (Purpose Code:
S1601)
159. Receipt of foreign remittance – Payments on account of maintenance and repair Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
services rendered for aircrafts etc. (Maintenance and repair services) – (Purpose Code:
S1602)
160. Receipt of foreign remittance – Payments for processing of goods (Manufacturing Information of receipt of foreign remittance by a remittee is reported by authorised dealer in form 15CC.
i. Authorised dealer reports the details of amount remitted by a remitter PAN to the remittee PAN in foreign country. Similarly, deductor (remitter) while making payment to the deductee/remitter u/s 195
deducts tax and submit the information in TDS form 27Q. Both these information is reported on a quarterly basis.
ii. Since information reported under both these sources i.e. 15CC and form 27Q in hands of recipient may contain duplicate values, information shall be listed on the basis of PAN of remitter, PAN of
remittee and amount of remittance.
iii. In case multiple values are found for a single combination as mentioned above, remittance with higher amount will be retained for AIS summary and other records shall be marked as duplicate.
b. Receipts in the nature of reimbursement of expenses
c. Receipts in the nature of refundable security
d. Receipts treated as capital receipt
e. Income is not taxable
4.42 Foreign travel

1. Purchase of overseas tour package (Section Information is reported by deductor in TCS form 27EQ (quarterly statement). This information is provided by the collector to the taxpayer in Form
206C(1G(b))) 16D.
2. Payment in connection with travel to any foreign Payment in connection with travel to any foreign country may be reported in Form 61 if the PAN is not furnished by the transacting party. PAN is
country (Form 60/61) populated based on aadhaar and other attributes of the person.
i. Information relating to foreign travel is reported by tour operator through TDS form 27EQ.
Tour operator while receiving the amount collects additional amount in the form of TCS. Also Reporting entity reports information relating payments in connection with travel to any foreign country through
form 61.
4.43 Purchase of immovable property
1. Purchase of immovable property (SFT-012) Information relating to immovable property is reported by the Property Registrar through SFT. The information will be shown in AIS of all buyers to
enable submission of feedback.
2. Purchase of immovable property (Section Buyer at the time of making payment towards purchase of property is liable to deduct tax from the amount paid to the seller subject to the threshold
194IA) applicable. This information is reported in form 26QB.
3. Property Purchaser as per Seller’s ITR Seller of property reports the details of property buyer in schedule CG of ITR.
(ITR-Schedule CG)
4. Purchase of immovable property (Form Payment for purchase of immovable property may be reported in Form 61 if the PAN is not furnished by the transacting party. PAN is populated based
60/61) on aadhaar and other attributes of the person.
i. In case of SFT information reported in property based reporting format, the information display will depend on the reported values. In case the total of amount shown against the buyers is equal or more
than the transaction value (Sales Consideration), the amount relating to the person will be displayed. However, in cases where the total of amount shown against the buyers is less than the overall property
value (e.g. in cases where the share of buyer is not determined correctly, the entire property value will be imputed against all buyers to enable submission of feedback.
ii. In case multiple values are found for a single property in SFT-012 and from rest of the sources, records with higher value of investment will be retained and information source with lower value will be
marked as “Information is duplicate / included in other information”.
b. Information is not fully correct: This functionality can be used to modify address of property, value of investment, stamp value of property
c. Information relates to other PAN/Year: Transaction pertaining to other financial years, PAN (jointly owned property)
4.44 Purchase of vehicle

1. Purchase of motor vehicle Information is reported by deductor in TCS form 27EQ (quarterly statement). This information is provided by the collector to the taxpayer in Form 16D.
(Section 206C)
2. Purchase of motor vehicle (Form Payment for purchase of motor vehicle may be reported in Form 61 if the PAN is not furnished by the transacting party. PAN is populated based on aadhaar and
60/61) other attributes of the person.
i. Information relating to purchase of vehicle is reported by dealer through TDS form 27EQ.
Dealer while receiving the amount collects additional amount in the form of TCS from the purchaser. Also Reporting entity reports transactions relating to purchase of motor vehicle through form 61.
4.45 Purchase of time deposits

1. Purchase of Time
Information relating to Purchase of Time deposits is reported by reporting entity (such as the bank) in the Statement of Financial Transaction (SFT).
deposits (SFT-005)
2. Investment in Time deposit Information pertaining to investment in Time deposit is reported in Form 61 where PAN is not furnished by the transacting party. PAN is populated based on
(Form 60/61) aadhaar and other attributes of the person.
i. Reporting entity reports the information relating to purchase of time deposits by a deposit holder through form 61A (SFT-005) (for PAN and non-PAN transactions) and through form 61 in case of non-pan
transactions. Information thus reported under two different sources may contain duplicate values.
ii. Information under this category shll be listed on the basis of Reporting Entity, PAN of deposit holder and purchase value.
iii. Records with higher value of investment will be retained and information source with lower value will be marked as duplicate.
b. Information is not fully correct: This functionality can be used to modify details of product
4.46 Purchase of securities and units of mutual funds
1. Purchase of bonds or debentures (SFT- Information is reported by reporting entity in the Statement of Financial Transaction (SFT).
007)
2. Purchase of shares (SFT- 008) Purchase of shares (including share application money). Information is reported by reporting entity in the Statement of Financial Transaction (SFT).
3. Purchase of mutual fund units (SFT-010) Information is reported by reporting entity (such as mutual fund companies) in the Statement of Financial Transaction (SFT).
4. Purchase of securities (SFT – 017) Information is reported by depository in the Statement of Financial Transaction (SFT).
5. Purchase of mutual funds (SFT – 018) Information is reported by registrar and transfer agents (RTA) in the Statement of Financial Transaction (SFT).
6. Purchase of securities (Form 60/61) Information pertaining to purchase of securities is reported in Form 61 where PAN is not furnished by the transacting party. PAN is populated based on
aadhaar and other attributes of the person.
7. Payment to Mutual Fund for purchase of Information pertaining to Payment to Mutual Fund for purchase of its units is reported in Form 61 where PAN is not furnished by the transacting party.
its units (Form 60/61) PAN is populated based on aadhaar and other attributes of the person.
8. Payment for acquiring shares (Form Information pertaining to Payment for acquiring shares is reported in Form 61 where PAN is not furnished by the transacting party. PAN is populated
60/61) based on aadhaar and other attributes of the person.
9. Payment for acquiring debentures or Information pertaining to Payment for acquiring debentures or bonds is reported in Form 61 where PAN is not furnished by the transacting party. PAN is
bonds (Form 60/61) populated based on aadhaar and other attributes of the person.
10. Purchase of shares of company Information pertaining to Purchase of shares of company is reported in Form 61 where PAN is not furnished by the transacting party. PAN is populated
(Form 60/61) based on aadhaar and other attributes of the person.
i. Information relating to purchase of mutual funds (SFT-010) is reported by AMC (Reporting Entity) through form 61A. Information relating to purchase of mutual funds (SFT-018) is reported by Mutual
Fund Registrar and Transfer Agents (RTAs).
ii. Information reported under both the above sources contain duplicate values hence de-duplication filtering has been applied in such a way that only exclusive information is being displayed i.e. no
duplicate information is present in AIS. In other words if an information exists in both the sources, information with higher value only is being displayed and information with lower value is being filtered and
not being displayed in AIS.
b. Information is not fully correct: This functionality can be used to modify details of product
4.47 Credit/Debit card

1. Application for issue of a credit or debit Information pertaining to application for issuance of credit/debit card is reported in Form 61 where PAN is not furnished by the transacting party. PAN is
card (Form 60/61) populated based on aadhaar and other attributes of the person.

i. Reporting entity reports information relating to Credit/Debit card through form 61. RE reports non-PAN transactions through form 61.
b. Information is not fully correct: This functionality can used to modify Information value and other related information.
4.48 Balance in account

1. Opening of an account other than saving and time deposits (Form 60/61) Details of bank account other than saving and time deposits opened during the year , as reported in Form 61.
2. Account with balance exceeding Rs. 50,000 (Form 60/61) Bank account with balance exceeding 50,000 at the closing of Financial year, as reported in Form 61.
i. Reporting entity reports information relating to balance in account through form 61. RE reports non-PAN transactions through form 61.
b. Information is non-reportable in return
c. Information is not fully correct: This functionality can used to modify Information value, Account number, Account number type etc.
4.49 Income distributed by business trust

1. Income from units of a business trust (Section Information relating to income from units of a business trust is reported by payer in form 27Q. Information is reported on quarterly basis and is
194LBA) chargeable to tax at special rate.
i. In case similar information is reported under different information types, records with higher value of investment will be retained and information source with lower value will be marked as “Information is
c. Information is not fully correct
4.50 Income distributed by investment fund
1. Income from units of investment fund (Section 194LBB) This information is reported by the deductor in Form 26Q on a quarterly basis.
i. In case similar information is reported under different information types, records with higher value of investment will be retained and information source with lower value will be marked as “Information is

c. Information is not fully correct
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All about Annual Information Statement (AIS)

1. About this Document

1. Information relating to tax deducted or collected at source.

3. Information relating to payment of taxes

4. Information relating to demand and refund

5. Information relating to pending proceedings

6. Information relating to completed proceedings

7. Any other information in relation to sub-rule (2) of rule 114-I

3. Annual Information Statement Overview

Display complete information to the taxpayer

3.2 AIS Features

The schematic flow of information is as under:

3.4 AIS Feedback

3.5 AIS Feedback Processing

The AIS Feedback processing approach is as under:

3.6 Key Terms

Annual Information Statement (AIS)

TDS – Information source (L2 level)

SFT – Information source (L2 level)

Taxpayer Information Summary (TIS)

Note: Information reported under TDS is marked as Duplicate during Processing

Illustration 2: Display of taxpayer feedback

Annual Information Statement (AIS)

SFT – Information source (L2 level)

Taxpayer Information Summary (TIS)

Illustration 3: Display of updation in information

Annual Information Statement (AIS)

TDS – Information source (L2 level)

Note: The original transaction is marked as inactive

Taxpayer Information Summary (TIS)

4. AIS Information Category

4. Interest from savings bank

5. Interest from deposit

6. Interest from others

7. Interest from income tax refund

8. Rent on plant & machinery

9. Winnings from lottery or crossword puzzle u/s 115BB

10. Winnings from horse race u/s 115BB

11. Receipt of accumulated balance of PF from employer u/s 111

13. Interest from specified company by a non-resident u/s 115A(1)(a)(iiaa)

14. Interest on bonds and government securities

15. Income in respect of units of non-resident u/s 115A(1)(a)(iiab)

18. Income of foreign institutional investors from securities u/s 115AD(1)(i)

19. Insurance commission

20. Receipts from life insurance policy

21. Withdrawal of deposits under national savings scheme

22. Receipt of commission etc. on sale of lottery tickets

23. Income from investment in securitization trust

24. Income on account of repurchase of units by MF/UTI

25. Interest or dividend or other sums payable to government

26. Sale of land or building

27. Receipts for transfer of immovable property

28. Sale of vehicle

29. Sale of securities and units of mutual fund

30. Off market debit transactions

31. Off market credit transactions

32. Business receipts

33. Business expenses

34. Rent payment