AIS and TIS mismatch FY 2025-26 — how to correct before filing ITR

AIS and TIS Mismatch FY 2025-26 — How to Correct Before Filing ITR

Filing an Income Tax Return is not simply about entering income figures and submitting the return.

Before filing your ITR for FY 2025-26, you should carefully check your:

AIS – Annual Information Statement

TIS – Taxpayer Information Summary

Form 26AS

Form 16 / Form 16A

Bank statements

Capital gains statements

Interest income

Dividend income

A mismatch between these records can result in incorrect reporting, tax-credit differences, notices or unnecessary follow-up after filing.

Many taxpayers often ask:

“Why is my AIS showing more income than my actual income?”

“What should I do if TIS and AIS figures do not match?”

“Can I file ITR if AIS contains incorrect information?”

“Should I report the AIS amount or my actual income?”

The answer depends on the nature of the mismatch.

Let’s break it down. 🚀

What is AIS?

AIS stands for Annual Information Statement.

It provides a comprehensive view of information available with the Income Tax Department regarding a taxpayer.

AIS can contain information relating to:

Interest

Dividend

Securities transactions

Property transactions

TDS/TCS

Foreign remittances

GST-related information

Financial transactions

Other information reported by specified reporting entities

The Income Tax Department provides taxpayers with an opportunity to submit feedback on eligible information appearing in AIS.

What is TIS?

TIS stands for Taxpayer Information Summary.

It provides an information-category-wise summary of processed information.

TIS can show:

  • Information category
  • Processed value
  • Derived value

The derived information may be used for pre-filling the ITR, where applicable.

Therefore, AIS and TIS should be reviewed before relying on pre-filled information while preparing the ITR.

AIS vs TIS

Particulars AIS TIS
Full Form Annual Information Statement Taxpayer Information Summary
Purpose Detailed information view Summarised information
Information Transaction/reporting details Category-wise processed/derived information
Feedback Available on eligible information Based on processed information
ITR Pre-filling Supports pre-filling Derived information may be used
Review Before ITR ✅ Important ✅ Important

What is an AIS/TIS Mismatch?

An AIS/TIS mismatch occurs when information appearing in AIS/TIS does not correspond with the taxpayer’s actual records.

For example:

Actual bank interest → ₹35,000

AIS/TIS → ₹50,000

Or:

Actual dividend → ₹20,000

AIS → ₹30,000

Or:

Actual sale transaction → ₹5,00,000

AIS → ₹7,00,000

Such differences should be investigated before filing the ITR.

Why Does AIS/TIS Mismatch Happen?

A mismatch can happen for several reasons.

Common reasons include:

  • Duplicate reporting
  • Incorrect PAN reported by the reporting entity
  • Wrong transaction amount
  • Incorrect financial year
  • Incorrect TDS information
  • Transactions reported by banks/financial institutions incorrectly
  • Joint account transactions
  • Incorrect securities transaction reporting
  • Wrong interest information
  • Data updated by the reporting entity after AIS was generated
  • Taxpayer feedback not yet processed

Therefore, an AIS mismatch does not automatically mean that the taxpayer has concealed income.

AIS Shows Income You Never Received — What Should You Do?

Do not simply ignore it.

First identify:

1️⃣ Who reported the information?

2️⃣ What transaction has been reported?

3️⃣ Which financial year does it relate to?

4️⃣ Is the amount correct?

5️⃣ Is the PAN correct?

6️⃣ Is it duplicated?

7️⃣ Can you prove that the information is incorrect?

Step-by-Step Process to Correct AIS Mismatch

Step 1️⃣ Download AIS

Log in to the Income Tax e-Filing portal.

Go to:

e-File → Income Tax Return → View AIS

The Income Tax Department’s current guidance confirms this route for accessing AIS.

You can download AIS in:

PDF

CSV

JSON

formats.

Step 2️⃣ Download TIS

Review the Taxpayer Information Summary and compare the relevant income categories with AIS.

Step 3️⃣ Download Form 26AS

Check Form 26AS for:

  • TDS
  • TCS
  • Tax payments
  • Reported tax credits

Do not rely only on AIS.

Step 4️⃣ Compare With Actual Records

Prepare a reconciliation.

For example:

Particulars Actual Records AIS Difference
Salary ₹8,00,000 ₹8,00,000 Nil
Bank Interest ₹35,000 ₹50,000 ₹15,000
Dividend ₹20,000 ₹20,000 Nil
Capital Gain ₹1,20,000 ₹1,20,000 Nil

This immediately identifies the area requiring correction.

Step 5️⃣ Identify the Reporting Entity

Check the source of the information.

It may be:

Bank

Broker

Employer

Mutual Fund

Registrar/Reporting entity

Financial institution

Other reporting organisation

Step 6️⃣ Verify the Transaction

Check your supporting documents.

For example, for bank interest:

  • Bank statement
  • Interest certificate
  • TDS certificate
  • Form 26AS

For securities:

  • Broker statement
  • Contract notes
  • Capital gains statement

For salary:

  • Form 16
  • Salary slips
  • Bank statement

Step 7️⃣ Submit AIS Feedback

If the information is incorrect, AIS provides an online feedback facility for eligible information.

The general process is:

  • Open the relevant AIS information
  • Click the feedback/optional option
  • Select the appropriate feedback category
  • Enter the required details
  • Submit feedback

The Income Tax Department confirms that feedback can be submitted against active TDS/TCS, SFT and other eligible information.

What Happens After AIS Feedback?

After successful submission:

  • Feedback is displayed against the information
  • Modified value may be visible along with reported value
  • Activity History is updated
  • Acknowledgement receipt can be downloaded
  • Email/SMS confirmation may be received

The Income Tax Department also states that there is currently no limit on the number of times previously submitted feedback can be modified.

Contact the Reporting Entity

AIS feedback is useful, but if the source itself has reported incorrect information, you should also contact that reporting entity.

For example:

Bank → Request correction of interest/TDS reporting

Employer → Request correction of salary/TDS statement

Broker → Request correction of securities transaction reporting

Mutual Fund → Request correction of dividend/transaction information

The reporting entity may need to correct its underlying statement/return so that the information can subsequently be updated in the tax system.

AIS Interest Mismatch — Example

Suppose:

Actual bank interest = ₹40,000

AIS interest = ₹65,000

Difference = ₹25,000

Do not automatically report ₹65,000 merely because it appears in AIS.

First:

  • Check bank statements
  • Obtain interest certificate
  • Check Form 26AS
  • Identify the reporting bank
  • Check whether any amount is duplicated
  • Submit AIS feedback if incorrect
  • Ask the bank to correct the reporting, where required

Then report the correct taxable income based on the underlying records and applicable tax provisions.

Capital Gains Mismatch

Capital gains are another common area where taxpayers may notice differences.

AIS may contain securities-related information reported by:

Stock brokers

Depositories

Financial institutions

Mutual funds

The transaction value shown in AIS should not automatically be treated as taxable capital gain.

For capital gains, taxpayers generally need to determine the appropriate:

  • Sale consideration
  • Purchase cost
  • Transfer expenses, where applicable
  • Holding period
  • Nature of security
  • Applicable capital gains provisions
  • Exemptions/deductions, where applicable

Use broker/depository/mutual fund statements and transaction records to calculate the actual taxable capital gain.

TDS Mismatch Between AIS and Form 26AS

Suppose:

Form 16 TDS → ₹60,000

Form 26AS → ₹60,000

AIS → ₹50,000

In such a case, investigate the mismatch before filing.

Check:

  • Form 16
  • Form 26AS
  • AIS
  • Employer’s TDS return

If the employer has reported an incorrect amount, request correction of the TDS statement.

This is particularly important because incorrect tax-credit reporting can affect the final tax payable/refund.

AIS vs Form 26AS — Which One Should You Check?

Both.

AIS provides a broader information view, while Form 26AS is particularly important for checking tax-credit-related information.

A good ITR reconciliation should therefore include:

AIS

TIS

Form 26AS

Form 16/16A

Bank Statements

Investment Statements

Should You File ITR Before AIS is Corrected?

This depends on the nature of the mismatch.

If AIS contains incorrect information but your actual income and supporting records are clear, you should not blindly inflate your income merely to match an incorrect AIS entry.

At the same time, do not ignore genuine income simply because it is missing from AIS.

The correct approach is:

“Report your actual taxable income correctly, maintain supporting documents, and submit feedback/correction for incorrect AIS information.”

Important Documents to Keep Before Filing ITR

Keep these documents ready:

  • AIS
  • TIS
  • Form 26AS
  • Form 16
  • Form 16A
  • Bank statements
  • Interest certificates
  • Dividend statements
  • Broker statements
  • Capital gains statements
  • Mutual fund statements
  • Property transaction documents
  • Foreign income/assets information, where applicable
  • Previous year’s ITR

This makes reconciliation much easier.

Pre-ITR AIS Reconciliation Checklist

Income

  • Salary matched with Form 16
  • Interest matched with bank statements
  • Dividend matched with statements
  • Rental income checked
  • Business/professional income reconciled
  • Capital gains reconciled
  • Other income checked

Tax Credits

  • Form 26AS checked
  • TDS certificates checked
  • TDS amounts reconciled
  • TCS checked
  • Advance tax checked
  • Self-assessment tax checked

AIS/TIS

  • AIS downloaded
  • TIS reviewed
  • Duplicate entries checked
  • Incorrect transactions identified
  • Wrong PAN transactions checked
  • AIS feedback submitted where required

ITR

  • Correct ITR form selected
  • Pre-filled information reviewed
  • Income reconciled
  • Deductions checked
  • Tax liability calculated
  • TDS credit verified
  • Bank details verified
  • ITR e-verified after filing

Common Mistakes Taxpayers Make

  • Blindly accepting pre-filled AIS information
  • Ignoring TIS
  • Not checking Form 26AS
  • Reporting duplicate income
  • Ignoring incorrect AIS transactions
  • Assuming every AIS transaction is taxable income
  • Not contacting the reporting entity
  • Claiming TDS that does not appear correctly in tax-credit records
  • Filing the ITR without reconciling capital gains
  • Waiting until after filing to discover mismatches
  • Not keeping supporting documents

The best approach is to reconcile the information before submitting the ITR.

What if AIS Information is Correct but You Did Not Report the Income?

This is different from an incorrect AIS entry.

If AIS shows genuine income that you actually earned, you should include the taxable income in your ITR according to the applicable provisions.

For example:

AIS Interest → ₹40,000

Bank statement → ₹40,000

Taxpayer’s books → ₹40,000

Then there is no mismatch.

The income should be considered while preparing the return.

What if AIS is Wrong but TIS is Correct?

Do not assume that the TIS figure is automatically correct.

Investigate the underlying information.

Compare:

AIS → Detailed information

TIS → Processed/derived summary

Actual records → Your supporting evidence

If the source information is incorrect, provide appropriate AIS feedback and seek correction from the reporting entity.

What if AIS is Correct but TIS is Different?

This may arise because TIS reflects processed and derived information.

Review:

  • AIS transaction details
  • TIS processed value
  • TIS derived value
  • Feedback history
  • Actual financial records

The taxpayer should understand why the values differ before finalising the ITR.

Can AIS Feedback Be Modified?

Yes.

The Income Tax Department’s AIS FAQ states that there is currently no limit on the number of times previously submitted feedback can be modified.

Therefore, if you later obtain better information or the reporting entity corrects the underlying data, review the AIS feedback status again.

What if the Reporting Entity Does Not Correct the Data?

If you have already contacted the reporting entity and the issue remains unresolved, retain:

  • Emails
  • Correction requests
  • Statements
  • Certificates
  • Contract notes
  • Bank records
  • AIS feedback acknowledgement

These documents can help demonstrate the basis for the income reported in your ITR if the transaction is subsequently questioned.

What if You Receive a Notice Later?

Do not panic.

First identify:

Nature of notice

Information referred to

Amount involved

Relevant assessment year

Then reconcile the notice with:

  • ITR
  • AIS
  • TIS
  • Form 26AS
  • Supporting documents

If the AIS information was incorrect and you had already submitted feedback, retain the acknowledgement and related correspondence.

AIS-Related Grievance

For AIS-related issues, the Income Tax Department provides an AIS and Reporting Portal helpdesk.

The current official contact information lists:

1800 103 4215

The Department also states that AIS-related grievances can be raised through:

e-Filing → AIS → AIS Portal → Help → Raise/View Ticket Status.

Why Businesses & Taxpayers Choose TAXAJ

At TAXAJ, we help taxpayers and businesses with comprehensive tax compliance and return filing support.

Our services include:

AIS & TIS Reconciliation

ITR Filing

Income Tax Compliance

Form 26AS Reconciliation

TDS Reconciliation

Capital Gains Computation

Bank & Interest Reconciliation

Business Tax Compliance

Tax Planning

Income Tax Notice Assistance

Startup & MSME Tax Advisory

Our team helps taxpayers reconcile their financial records with available tax information before filing, reducing the risk of incorrect reporting and avoidable tax issues.

Final Thoughts

AIS and TIS are important sources of information while preparing your ITR for FY 2025-26.

However, taxpayers should not blindly copy every figure appearing in AIS or TIS.

Before filing:

Download AIS

Review TIS

Check Form 26AS

Verify Form 16/16A

Reconcile bank statements

Check investment/capital gains statements

Identify mismatches

Submit AIS feedback where required

Request correction from the reporting entity

Calculate actual taxable income

File the ITR based on correct and supportable information

The key takeaway is:

“AIS is a valuable reconciliation tool, but your ITR should be prepared based on the correct taxable income supported by your records—not by blindly matching an incorrect AIS entry.”

Do your AIS and TIS reconciliation before filing the ITR to avoid unnecessary mismatches, tax-credit issues and potential notices later.

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