What is Annual Information Return (AIR)?

 According to the change to Section 285BA of the Income Tax Act, 1961, indicated substances (Filers) are required to outfit an Annual Information Return (AIR) in regard of determining budgetary exchanges enrolled/recorded by them amid the monetary year (starting on or after April 1, 2004) to the income tax authority or such other endorsed authority.

Filing your income tax returns, with e-returns.

Who is required to furnish AIR?

 According to the corrected Rule 114E of the Income Tax Rules, 1962, the Annual Information Return ought to be outfitted by each individual mentioned:

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