How to Raise Feedback on AIS for Incorrect Entries
- Nimisha Panda
- Aug 5
- 8 min read
The Annual Information Statement (AIS) is a crucial document provided by the Income Tax Department to every taxpayer in India. It consolidates and summarizes all the financial information reported to the department, including details of your income, tax deductions, and other related financial transactions. The AIS serves as a valuable tool for ensuring that all your financial transactions are accurately reported and reflect the correct tax status. Given its importance in tax filing, verifying the AIS is an essential step in the process of filing your Income Tax Return (ITR). Discrepancies or errors in the AIS could lead to delays in tax assessments or incorrect filing of your tax returns.
Table of Contents
What is AIS and Why Should You Verify It?
The Annual Information Statement (AIS) is a comprehensive record that includes all the financial transactions that have been reported to the Income Tax Department under your PAN. This includes details such as income from salary, interest, capital gains, dividends, TDS (Tax Deducted at Source), and more. It also includes tax-saving investments made under various sections like 80C, 80D, and others.
Verifying your AIS is crucial because it ensures that the department has the correct information about your financial activities. If any discrepancies or errors exist, it could impact your tax filing, leading to a mismatch in your ITR. Verifying your AIS allows you to address these issues proactively, ensuring that your tax return is filed correctly and on time.
How to Identify Incorrect Entries in AIS
To identify incorrect entries in your AIS, follow these steps:
Access the AIS Portal: Log in to the official Income Tax Department portal using your PAN and password. From the dashboard, navigate to the "AIS" section to view the details provided by the department.
Review All Entries: Go through each section of the AIS, including income from various sources, TDS, and other information like capital gains and interest income. Cross-check these details with the records in your own financial statements, such as bank statements, Form 16, and other documents.
Check for Discrepancies: Look for any discrepancies such as:
Missing income or transactions not reported.
Incorrect TDS amounts.
Errors in the bank account or other personal details.
Mismatched interest income or capital gains information.
Highlight Issues: If you notice any incorrect entries, make a note of the specific discrepancies and ensure you gather the necessary documents to raise a correction request.
Step-by-Step Guide to Raise Feedback on AIS
If you identify errors or discrepancies in your AIS, it’s essential to raise feedback with the Income Tax Department for correction. Here’s how you can do it:
Log in to the AIS Portal: Access the portal by logging into the Income Tax Department website. Navigate to the "AIS" section to view your details.
Select the Incorrect Entry: Click on the specific entry or section where you’ve identified the mistake. This could be an incorrect TDS amount, income entry, or a mismatch in bank account details.
Choose "Raise Feedback" Option: After selecting the incorrect entry, you will see an option to "Raise Feedback." Click on this option to initiate the process.
Provide Correct Information: Fill in the correct details for the transaction or entry. You may need to upload supporting documents like Form 16, bank statements, or other proof of the correct entry.
Submit the Feedback: Once you have verified the details, submit the feedback. The Income Tax Department will review your request and make the necessary changes to the AIS.
Track the Status: You can track the status of your feedback submission through the portal to see whether the corrections have been made.
Dealing with Rejected or Complex AIS Errors
Sometimes, the Income Tax Department may reject your request for feedback due to inadequate or unclear information. If you face this issue, follow these steps:
Review the Rejection Message: Check the rejection message to understand why your feedback was not accepted. Common reasons include missing documentation or incorrect information provided.
Clarify and Resubmit: If the error is simple, clarify the correct information and resubmit the feedback. Ensure you include all necessary supporting documents and details.
Contact Tax Department: If the rejection is complex, you may need to contact the Income Tax Department’s helpline or reach out to a tax professional for assistance. They can guide you on how to present your case or help you resubmit the correction request with the right information.
Appeal Process: If your request is still rejected after multiple attempts, you may need to file an appeal through the official grievance redressal mechanism or consult a tax expert for further steps.
How to Correct Bank Account Mismatches in AIS
Bank account mismatches in the AIS can occur if the information reported by your bank or financial institution does not match the account details in the AIS. Here’s how you can correct it:
Verify Bank Account Details: First, verify that the bank account details in your AIS match your actual account details. You can cross-check the account number, IFSC code, and bank name with your bank records.
Raise Feedback for Correction: If there is a mismatch, raise feedback on the AIS portal for correction. Select the bank account section, and submit the correct details.
Provide Supporting Documents: You may be asked to provide supporting documents such as a bank statement or cancelled cheque as proof of the correct bank account details.
Follow Up: After submitting the feedback, follow up regularly to check the status of the correction. If the issue persists, you can contact the Income Tax Department for further clarification.
Verifying AIS After Rectification
Once you have submitted feedback or corrections to the AIS, it’s essential to verify that the changes have been made correctly. To do this:
Check Updated AIS: After the correction request is processed, go back to the AIS portal and review your updated statement. Verify that the issues you raised have been addressed and that the information matches your financial records.
Reconcile with Your Documents: Ensure that all the entries now reflect the correct information. Cross-check the figures with your Form 16, TDS certificates, bank statements, and any other relevant documents.
File Your ITR: Once you’ve confirmed that the AIS is accurate, proceed with filing your ITR. Having an accurate AIS ensures a smooth and error-free tax filing process.
Conclusion
Verifying and correcting your AIS (Annual Information Statement) is an essential step in the tax filing process. It ensures that your financial data is accurately reflected and helps you avoid discrepancies that could lead to errors in your Income Tax Return (ITR) filing. By following the steps outlined in this guide, you can easily raise feedback on incorrect entries, resolve issues, and ensure that your tax returns are filed correctly. Regularly checking your AIS can prevent future problems and guarantee compliance with tax regulations.
If you're unsure about any aspect of the AIS or need assistance, consulting a tax professional or using platforms likeTaxBuddy mobile appcan streamline the process, ensuring accuracy and efficiency in your filing.
Frequently Asked Question (FAQs)
Q1: What should I do if I notice discrepancies in my AIS?
If you notice discrepancies in your Annual Information Statement (AIS), the first step is to raise feedback through the AIS portal. This allows you to report the errors and request corrections. When raising feedback, make sure to provide supporting documentation, such as TDS certificates or bank statements, to validate the changes. It's essential to submit all relevant documents to ensure the changes are processed accurately and quickly.
Q2: Can I make corrections to my AIS after submitting the feedback?
Yes, if you notice additional discrepancies or need to further clarify your previous feedback, you can raise further feedback. You can amend your original correction request and submit new supporting documents, if necessary. It's important to ensure that all required information is provided in your follow-up feedback to help resolve the issue effectively.
Q3: How long does it take to correct errors in AIS?
The time taken to correct errors in your AIS can vary depending on the complexity of the issue. Simple corrections may be processed within a few weeks, but more complex discrepancies could take longer. You can track the status of your feedback through the AIS portal, which will provide updates on whether the correction is in progress or completed.
Q4: Is it necessary to verify the AIS before filing my ITR?
Yes, it is crucial to verify your AIS before filing your Income Tax Return (ITR). The AIS reflects the data collected by the tax authorities regarding your income, tax deductions, and other financial information. If there are discrepancies between the AIS and your actual income, filing your ITR without verification can lead to delays in processing, refunds, or even audits. Ensuring the accuracy of your AIS helps avoid issues in your tax filing.
Q5: Can I raise feedback for incorrect TDS information in AIS?
Yes, if the Tax Deducted at Source (TDS) information in your AIS is incorrect, you are eligible to raise feedback. To correct the TDS details, you need to provide supporting documentation, such as TDS certificates, that prove the accurate information. This ensures that your TDS credits are properly reflected in your return and helps avoid mismatches that could delay your refund or lead to penalties.
Q6: What happens if my bank account details in AIS are wrong?
If there is a mismatch or error in your bank account details in the AIS, you can raise feedback to correct the information. You’ll need to provide documentation to validate the correct bank account details, such as a recent bank statement. Correct bank account details are crucial for refund processing, as any mismatch could delay the transfer of your refund to the wrong account.
Q7: How often should I check my AIS?
It is recommended to check your AIS regularly, especially before filing your ITR. Reviewing your AIS periodically ensures that all the information provided is up to date and accurate. This is especially important when you have multiple income sources, TDS, or investments, as discrepancies can often go unnoticed until you file your return. Verifying your AIS well in advance will help avoid delays or issues during the filing process.
Q8: Can I file my ITR without verifying the AIS?
While technically possible, it is not advisable to file your ITR without verifying your AIS. If the information in your AIS is incorrect, filing your return based on inaccurate data can lead to delays, penalties, or a refund mismatch. It's always best to ensure that your AIS is accurate and up to date before filing your ITR to avoid complications with the tax authorities.
Q9: What if I’m unable to raise feedback on AIS?
If you're facing difficulties raising feedback on the AIS portal, you can reach out to the Income Tax Department for support. Alternatively, consulting a tax professional who understands the process can help guide you through the correction steps. In some cases, you might need to follow up with the department through their helpline or official channels to resolve any issues with the feedback process.
Q10: Can I file an appeal if my AIS correction request is rejected?
Yes, if your AIS correction request is rejected, you have the right to file an appeal. You can follow the procedure outlined by the Income Tax Department to challenge the rejection. It’s also advisable to consult a tax professional who can guide you through the appeal process, ensuring that you provide the necessary documents and information to support your case.
Q11: Can I make corrections to my AIS after the deadline for filing my ITR?
Yes, even if the deadline for filing your ITR has passed, you can still make corrections to your AIS. You can raise feedback and make corrections even after the ITR filing date, but it's essential to do so promptly to ensure that the corrected information is reflected in your ITR. Keep in mind that delayed corrections might lead to additional scrutiny and potential delays in refund processing.
Q12: How does AIS affect my tax filing process?
Your AIS provides the Income Tax Department with a comprehensive record of your financial transactions, such as income, tax deductions, and TDS credits. If your AIS is not accurate, it can affect your tax return, resulting in possible discrepancies or mismatches during the filing process. Ensuring that your AIS is accurate before filing your ITR is essential to avoid delays, penalties, or complications with your refund.
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