AIS Mismatch in ITR? Fix It in 4 Steps Now

If your Annual Information Statement shows income that doesn't match your ITR filing, the tax department can send you a notice. Here's how to spot mismatches early and correct them before it becomes a costly problem.

Here's what happened: The Income Tax Department's AIS captures all your financial transactions — FD interest, dividends, property sales, and more — from banks and institutions.. If your ITR figures don't match your AIS data, the tax department's system flags it automatically and can issue a scrutiny notice or demand.. Many salaried Indians miss reporting interest income, freelance credits, or broker-reported capital gains — all of which appear clearly in AIS..

What you should do: Log in to incometax.gov.in, go to 'AIS' under 'Services', and download your full Annual Information Statement before filing your ITR.. Compare every income head in your AIS — salary, interest, dividends, capital gains — against what you plan to declare in your return.. If any AIS entry is wrong or duplicate, use the 'Feedback' option on the portal to flag it as incorrect before submitting your ITR..

Pro tip: Even if a bank wrongly reports your FD interest twice in AIS, YOU must respond via the feedback tool — silence is treated as acceptance by the tax system.