Question

What is the primary difference between Form 26AS and the Annual Information Statement (AI

  • S ?
A Form 26AS only shows property details, while AIS shows salary.
B Form 26AS mainly reflects tax credits (TDS/TCS), while AIS provides a broader view of all financial transactions like mutual funds, shares, and dividends.
C AIS is used only by companies, and 26AS by individuals.
D They are exactly the same document with two different names.
E 26AS is for GST, AIS is for Income Tax.
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