The key information sources under this information category are as under:
S.No | Information | Information Description |
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 206C) | Information pertaining to purchase of timber obtained under forest lease is reported by tax collector in TCS form 27EQ (quarterly 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 lease (Section 206C) | Information pertaining to purchase of timber obtained by any mode other than a forest lease is reported by tax collector in TCS form 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 (Section 206C) | Information pertaining to purchase of any other forest produce not being tendu leaves is reported by tax collector in TCS form 27EQ (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 tendu leaves 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 information is provided by the collector to the taxpayer in Form 27D. |
7 | Purchase of minerals, being coal or lignite or iron ore (Section 206C) | Information pertaining to purchase of minerals is reported by tax collector in TCS form 27EQ (quarterly statement). This information is provided by the collector to the taxpayer in Form 27D. |
8 | Purchase of any goods [except goods on which TCS applicable as per Section 206C (1), 206C (1F) and 206C (1G)] | Information pertaining to purchase of other goods is reported by tax collector in TCS form 27EQ (quarterly statement). This information is provided by the collector to the taxpayer in Form 27D. |
9 | Payments made for obtaining Lease/license/rights etc. for parking lot (Section 206C) | Information pertaining to payments made for obtaining Lease/license/rights etc. for parking lot is reported by tax collector in TCS 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 plaza (Section 206C) | Information pertaining to payments made for obtaining Lease/license/rights etc. for toll plaza is reported by tax collector in TCS form 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 mining and quarrying (Section 206C) | Information pertaining to payments made for obtaining Lease/license/rights etc. for mining and quarrying is reported by tax collector 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 inform 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 inform 26QD. This information is provided by the deductor to the taxpayer in Form 16D. |
The approach for AIS processing and information handling is as under:
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.
The AIS information level feedback can be used for providing following inputs:
Information is correct
Information is not fully correct
Information relates to other PAN/Year
Information is duplicate / included in other information
Information is denied
The feedback provided by taxpayer will be shown separately in AIS and will update the value in Taxpayer Information Summary (TIS).
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