AIS is an information statement, not the final computation of taxable income. Wrong or duplicated data should be challenged, but the return must still report the taxpayer’s complete and accurate income.
Quick View
Download AIS in PDF or CSV and retain the date.
AIS, TIS and activity-history downloads.
Treating AIS as a ready-made tax return.
Income Tax Department AIS FAQs
What the Issue Means
The Annual Information Statement can include salary, interest, dividends, securities transactions, property information, foreign remittances, GST turnover and other reported items. The Taxpayer Information Summary aggregates information category-wise after system processing and taxpayer or source feedback.
Feedback should be transaction-specific. Select the incorrect entry, choose the appropriate reason, enter the correct amount where required and download the acknowledgement. Feedback does not automatically rewrite the bank’s, employer’s or broker’s own records; contact the reporting source when the underlying statement or TDS return needs correction.
AIS may omit a genuine transaction because the source has not reported it or the data has not yet appeared. The department expressly expects taxpayers to report complete and accurate information even when AIS is incomplete. Therefore, the reconciliation must start from personal records and move to AIS—not the other way around.
Action Steps
- Download AIS in PDF or CSV and retain the date.
- Compare each category with personal statements.
- Separate duplicates, wrong ownership, wrong amount and timing differences.
- Submit feedback entry by entry.
- Ask the reporting source to correct its return or statement when needed.
- Recheck TIS before filing, but do not omit genuine income.
Decision Table
| Situation | Meaning | Response |
|---|---|---|
| Duplicate entry | Same transaction appears more than once. | Mark the specific duplicate and retain source evidence. |
| Wrong ownership | Transaction belongs to another PAN or joint holder. | Explain ownership and attach the relevant statement. |
| Wrong amount | Reported value differs from the source document. | Identify whether gross proceeds, income or tax was reported. |
| Missing item | Genuine income is absent from AIS. | Report it correctly in the return from your own records. |
Practical Example
Evidence to Keep
- AIS, TIS and activity-history downloads.
- Bank interest certificates, broker tax reports and employer records.
- Email or ticket raised with the reporting source.
- Feedback acknowledgement and consolidated feedback file.
- Working that maps each reported item to the return.
- Updated source statement, where received.
Common Mistakes
- Treating AIS as a ready-made tax return.
- Changing a genuine amount merely to match a preferred tax result.
- Assuming feedback instantly corrects Form 26AS or the source’s filing.
- Reporting only the net amount credited to the bank.
- Failing to preserve the earlier and revised statements.
Escalation Route
If a feedback status remains unresolved, keep the acknowledgement and the evidence used in the return. The taxpayer’s responsibility is to report correctly and support the position; the mere presence of an incorrect AIS item does not make it taxable.
Where the discrepancy affects TDS credit, a correction by the deductor may be essential. AIS feedback alone may not create the tax credit. Follow up with the employer, bank or other deductor and reconcile Form 26AS.
Working Principle
The safest approach is to preserve the original record, use the official channel and explain the facts in chronological order. A portal acknowledgement, complaint number or filing receipt is part of the evidence and should be downloaded rather than assumed to remain available forever.
Rules and procedures can change, and the correct action depends on the exact transaction, policy, notice or account. Where money, limitation, criminal allegations, medical causation or a large tax position is involved, qualified professional advice should be obtained before taking an irreversible step.
Common Questions
Does AIS contain every taxable transaction?
No. The department states that other transactions may exist and the taxpayer must still report complete income.
What does TIS show?
It shows category-wise processed values and values accepted by the taxpayer or confirmed by the source.
Can feedback be modified?
The AIS FAQ states that previously submitted feedback can currently be modified.
Should filing wait indefinitely for source correction?
No. File accurately within the applicable deadline using evidence and disclose the correct position.
Official Sources
Use the latest official page, circular, policy wording or portal instruction before acting. A general guide cannot override the document governing the specific case.