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    Question

    What does the abbreviation "AIS" stand for in the context of Indian Income Tax?

    A Annual Investment Summary Correct Answer Incorrect Answer
    B Annual Information Statement Correct Answer Incorrect Answer
    C Annual Income Summary Correct Answer Incorrect Answer
    D Annual Income Statement Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    AIS stands for Annual Information Statement, which provides comprehensive information on a taxpayer’s financial transactions.

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