In this research article, we presented the idea of intuitionistic fuzzy incidence graphs (IFIGs) along with connectivity concepts. IFIGs are the generalization of fuzzy incidence graphs (FIGs). Specific ideas analogous to intuitionistic fuzzy cut-vertices and intuitionistic fuzzy bridges in intuitionistic fuzzy graphs, intuitionistic incidence cut-vertices, and intuitionistic incidence bridges are explored. The notion of intuitionistic incidence gain and intuitionistic incidence loss for intuitionistic incidence paths and pairs of vertices is also initiated. In the case of FIGs, we have only membership value, and we do not have non-membership value (NMSV). Therefore, we use IFIGs because they are more reliable, valuable, and helpful than FIGs. Also, we can not apply graphs, fuzzy graphs, and FIGs to the application provided in Sect. 3 due to the non-availability of NMSV. An application in selecting the best paint company for investment among different companies by using IFIG is also obtained.