AIS mismatch- How to modify AIS, as entry is wrong in AIS
In AIS, it is given lower amount, but FD interest is higher ; FORM 16A interest given by bank also is lower due to some migration. but filed correctly. how to update that in AIS
Taxpayers Should Verify AIS Income and File ITR with Correct Data Under Income Tax Rules If the income reported by the taxpayer is higher than the amount shown in the Annual Information Statement (AIS), no corrective action is required since the correct, higher income has been declared. However, if the income reflected in the AIS is higher than the actual income, the taxpayer can disagree with the AIS information and provide remarks in the designated section. In cases where incorrect income or Tax Deducted at Source (TDS) is attributed to a taxpayer due to data errors, the taxpayer should file the Income Tax Return (ITR) with accurate information and submit a disagreement with the AIS, selecting an appropriate reason from the options provided by the tax authorities. (AI Summary)
Income Tax