If AIS shows income or a transaction that your filed ITR omitted, first confirm whether the AIS entry is correct and whether it actually creates taxable income. AIS can show interest, securities or mutual-fund transactions, but feedback on AIS does not itself amend your ITR. If the return is wrong, use the revised, updated or other correction route legally available for that year.
What this means for you
Do not copy AIS gross values into the ITR. Compute the actual taxable amount first.
Who this applies to
Taxpayers finding bank interest, securities, mutual funds, property or other reported transactions after filing.
Why this problem happens
AIS may update after information reporting, the taxpayer may miss an account/folio, or the preparer may not receive all statements.
What should be checked immediately
Use an indexed checklist rather than scattered messages. The exact documents vary by issue, but the records below should be under business control before any filing, correction or response.
| AIS item | Do not assume | Check |
|---|---|---|
| Bank interest | AIS = final taxable amount | Bank certificate |
| MF redemption | Gross redemption = gain | Cost/date |
| Shares | Sale value = profit | Broker gain statement |
| Property | Reported value = taxable income | Nature of transaction |
What to do now
For each AIS item mark correct, duplicate, not fully correct or wrong year; compute taxable income; give AIS feedback if needed; correct the ITR separately where required.
Practical hypothetical example
AIS shows a ₹6 lakh mutual-fund redemption omitted from ITR. The taxable amount is not automatically ₹6 lakh; acquisition cost and dates are needed to calculate the gain.
What happens if this is ignored
Omitted income can trigger mismatch communications, defect or scrutiny/reassessment consequences depending on the year and facts.
What TargoLegal checks before filing or responding
TargoLegal maps AIS items to return schedules/source statements and identifies which need feedback, tax computation and return correction.
What the customer should approve and receive
Before filing or response
Receive the issue summary, pending-document list, proposed figures/treatment, deadline and payment impact. Material assumptions should be visible.
After submission
Receive the filed return/form or response, government acknowledgement, payment proof and a short open-items list.
Do not make the handover or correction harder
Statutory deadlines continue.
Keep portal access under business control.
Rebuild from source records and prior filings.
Every completed filing should leave an official trail.
What to send for a first review
Found an AIS mismatch? Send the transaction type and assessment year/tax year.
Related questions
How do I know the filing or response is actually complete?
Look for the official acknowledgement/status on the relevant government portal and retain the filed copy. A payment receipt or provider message is not enough.
Should I share my portal password with a new provider?
Prefer official authorisation, secure reset and business-controlled access. Do not send passwords or OTPs through uncontrolled chats.
Can I blame the previous adviser in the government response?
A statutory response should focus on facts, law and evidence. Private responsibility with a provider is a separate issue unless legally relevant.
What should I approve before filing?
You should receive a concise summary of figures, differences, payment/correction proposed and unresolved risks before submission.
What should I keep afterwards?
Keep the filed form/return, acknowledgement, payment proof, reconciliation and any response/order in a business-controlled archive.
Official sources used
Legal and portal claims were anchored to the official references below. Forums and customer complaints were used only to understand real-world confusion, never as legal authority.
TargoLegal Research and Editorial Desk · Last legally reviewed: 18 August 2026. Recheck live forms, notifications, portal workflows and response dates immediately before acting.
