India: Inclusion of information received under automatic exchange of information framework into annual information statement (AIS)
Order issued by Central Board of Direct Taxes (CBDT) on July 8, 2026
The Central Board of Direct Taxes (CBDT) on July 8, 2026, issued an order under section 119 of the Income-tax Act, 1961 authorizing the Director General of Income-tax (Systems), Delhi (DGIT(Systems)) to upload information received by India under the automatic exchange of information framework (i.e., the FATCA CRS framework) into taxpayers’ annual information statement, thereby establishing a formal framework for integrating globally exchanged financial information into the Indian tax compliance ecosystem.
A similar order authorizing DGIT (Systems) to upload information in taxpayers’ AIS has also been issued under section 239 of the Income-tax Act, 2025.
Read a July 2026 report prepared by the KPMG member firm in India