How to Correct Incorrect Information in AIS
If information displayed in your Annual Information Statement (AIS) appears incorrect, first compare it with the underlying records and identify the source of the difference. AIS provides a taxpayer feedback facility for eligible information.
Quick Answer
In practical terms, If information displayed in your Annual Information Statement (AIS) appears incorrect, first compare it with the underlying records and identify the source of the difference. AIS provides a taxpayer feedback facility for eligible information.
Why Can Information in AIS Be Different?
AIS information can originate from employers, banks, brokers, companies, mutual funds, financial institutions and other reporting entities. Differences may occur because of reporting dates, corrections by the reporting source, duplicate information, transaction-level differences or other source-record issues.
Step 1: Identify the Exact Difference
Note the information shown in AIS and compare it with the corresponding document. Transaction-level review is often more useful than comparing only totals.
Step 2: Find the Underlying Source
Identify the organisation or reporting source associated with the information. Salary may be checked against Form 16, interest against bank records, and securities information against broker or investment records.
Step 3: Check Whether the Difference Is Genuine
Before submitting feedback, determine whether the difference is caused by timing, a correction, duplicate reporting, a change in the underlying record or another legitimate reason.
Step 4: Submit AIS Feedback Where Appropriate
The Income Tax Department provides a facility for taxpayers to give feedback on eligible information displayed in AIS. Use the relevant feedback option available against the information and provide the requested details.
After feedback is submitted, the Department states that the reported and modified values can be displayed and an acknowledgement can be downloaded.
Step 5: Keep Supporting Documents
Retain the source record that supports your feedback, such as Form 16, bank statements, broker statements, dividend statements, tax challans or other relevant documentation.
Step 6: Prepare the ITR Using Complete Information
Do not assume that correcting AIS automatically determines what should be reported in your ITR. The return should be prepared using complete and accurate information from all relevant sources.
Important: AIS Is Not the Only Source
The Income Tax Department states that AIS contains information presently available with it and that there may be other transactions relating to a taxpayer that are not displayed. Therefore, an item missing from AIS should not automatically be omitted from the ITR.
What If AIS Shows Income That Does Not Belong to Me?
First investigate the information and identify the reporting source. If the transaction does not relate to you or the reported details are incorrect, use the AIS feedback facility where applicable and keep evidence supporting your position.
What If AIS Shows Less Income Than My Records?
Report the income required under the applicable tax rules based on your complete records. AIS is not necessarily a complete record of every transaction or income item.
What If AIS Shows More Income Than My Records?
Investigate the source of the additional information. Check whether it represents a genuine transaction, a duplicate, a timing difference or an incorrect report. If appropriate, submit AIS feedback and retain supporting evidence.
Common AIS Issues
| Issue | What to check |
|---|---|
| Salary differs from Form 16 | Employer records, Form 16 and salary statements |
| Interest differs from bank records | Bank statements, interest certificates and account-level details |
| Duplicate dividend | Broker / investment records and reporting sources |
| Capital-gains difference | Broker statement, transaction history and corporate actions |
| TDS difference | Form 16 / 16A, Form 26AS and AIS |
| Unknown transaction | Reporting source and underlying transaction documentation |
How EZTax Helps With AIS Reconciliation
EZTax can read and organize information from an uploaded AIS PDF and help taxpayers reconcile it with information already entered for the ITR. Its AIS reconciliation workflow can identify mismatches, duplicate disclosures and missing entries for review.
Frequently Asked Questions
Can I correct AIS myself?
For eligible information, AIS provides a taxpayer feedback facility. You can review the reported information and submit feedback through the AIS functionality.
Will correcting AIS automatically correct my ITR?
No. AIS feedback and ITR filing are separate processes. Your ITR should be prepared using complete and accurate information after reviewing the relevant records.
Should I change my ITR to match AIS?
Not automatically. First determine which information is correct and why there is a difference. The objective is to report the correct taxable income and information, not simply to make the return match AIS.
Related EZTax Resources
- AIS Reconciliation & AI-Powered Income Tax Filing with EZTax
- How to Download AIS Statement
- How to Declare Income From Capital Gains
- How to Handle e-Campaign and High Value Transaction Notices
