How to Correct Mistakes in Your Annual Information Statement (AIS): A Step-by-Step Guide

Taxpayers have the right to report any mistakes they find in their Annual Information Statement (AIS). The tax department will verify the source when notified of the issue. If discrepancies persist, a notification under the e-verification process may be issued.

What is the Annual Information Statement (AIS)?

The AIS provides a comprehensive view of a taxpayer’s information, displayed in Form 26AS. Taxpayers can give feedback on the information shown in AIS. It includes both the reported value and the modified value (i.e., value after considering taxpayer feedback) under each section (such as TDS, SFT, Other information).

Objectives of AIS:

1. Displays complete information to the taxpayer with an option for online feedback.
2. Promotes voluntary compliance and seamless prefilling of returns.
3. Deters non-compliance.

How to Track Activity History in AIS:

To view activity history, click the Activity History icon on the homepage. This section provides an overview of activities, each with a system-generated ID (Activity ID), along with the activity date, description, and details.

Handling Discrepancies:

If there is a discrepancy between AIS information and your submitted income tax return, the tax department may request clarification. If no feedback is provided to correct a mistake, it may be assumed that the AIS information is correct.

Submitting Feedback on AIS Information:

1. Log in and select ‘Annual Information Statement (AIS)’ under the ‘Services’ tab.
2. Parts A and B of AIS will be shown. Select the incorrect information and choose ‘Optional’ to submit feedback.
3. From the drop-down menu, select the applicable option from the seven available:
   a. Information is correct
   b. Transfer not in the nature of sale
   c. Income is not taxable
   d. Information is not fully correct
   e. Information relates to other PAN/Year
   f. Information is duplicate/included in other information
   g. Information is denied
4. Click Submit to finalize the feedback.

Important FAQs Related to AIS Feedback:

• What happens after submitting feedback?
  Upon successful feedback submission, the feedback and modified value will be displayed with the reported value. The activity history tab will be updated, and an Acknowledgement Receipt can be downloaded. Email and SMS confirmations will also be sent.
• Will I get confirmation upon feedback submission?
  Yes, after successful submission, the activity history tab will update, and you can download an Acknowledgement Receipt. Email and SMS confirmations will be sent.
• What is the AIS Consolidated Feedback File?
  The AIS Consolidated Feedback file (ACF) allows taxpayers to view all their AIS feedback (excluding ‘Information is correct’) in one PDF for easy understanding. This can be downloaded after submitting feedback.
• Is there a limit on modifying feedback?
  Currently, there is no limit on the number of times you can modify previously given feedback.