What is an AIS/TIS data mismatch?

An AIS (Annual Information Statement) mismatch occurs when income or transactions recorded by the government—such as savings interest, dividends, share sales, or property purchases—do not match what you declared in your ITR.

What are the risks of an AIS mismatch?

An unresolved mismatch can result in a defective return notice, an inquiry for high value transactions, and an addition to income with tax demand and interest.

What transactions trigger AIS reporting?

Banks report cash deposits above ₹10 Lakhs, registrars report property deals above ₹30 Lakhs, depositories report all share sales, and expenditure above ₹2 Lakhs on foreign travel can trigger scrutiny.

How do I correct an AIS mismatch?

If AIS data is wrong, login to the portal and submit feedback on the specific entry selecting 'Information is denied' or 'Duplicate'. If the AIS data is correct and you missed it, file a Revised Return u/s 139(5) to include the missing income.

Back to Problems

AIS/TIS Data Mismatch?

The government collects information about your financial transactions from banks and other agencies. If your income tax return does not match this information, you will receive a notice.

40+

Data Sources Monitored

FD or MF Returns

Common Trigger

Rs. 30 Lakh

Threshold for Property Reporting

Rs. 10,000

Savings Interest Threshold

What it usually means

Interest from your savings account or fixed deposit was not added to your income in the ITR.
You sold mutual funds or shares and had capital gains but did not report them.
A large amount was deposited in your bank account or you made a big purchase that triggered automatic reporting.

What happens if you ignore it

Your return can be marked as defective, requiring you to refile.
You may receive an inquiry notice for the unreported transaction.
The department will add the missing income to your return and raise a tax demand with interest.

What is Really Happening

The Annual Information Statement is a document the government maintains for every taxpayer. It records your savings account interest, fixed deposit interest, dividends, stock and mutual fund sales, property purchases, and even large credit card expenses. This information comes directly from banks, depositories like CDSL and NSDL, and property registrars. When you file your ITR, the government's computer automatically compares your return with the AIS. If something is in the AIS but not in your return, you get flagged. Many people are unaware of this process and miss adding items like small FD interest or gains from selling a few mutual fund units.

Always download and review your AIS before filing your ITR each year. It takes 10 minutes and prevents most of the notices we see. AIS is the single most important document for a salaried person to check before filing.

~ Chartered Accountant from MGA Group

Transactions That Get Reported to the Government

Bank Deposits

Banks report cash deposits of over Rs. 10 lakh in a financial year to the Income Tax Department.

Property Purchase

The property registrar reports any property deal above Rs. 30 lakh to the tax department.

Share and Mutual Fund Sales

CDSL, NSDL, and mutual fund houses report all sales to the government. Even small gains must be declared.

Foreign Travel

Foreign currency purchases of more than Rs. 2 lakh or overseas travel expenses can trigger a high-value transaction inquiry.

How to Solve This

Select a Method

Correcting Wrong Data in AIS

Sometimes the AIS shows wrong information, like a duplicate entry or an amount that belongs to someone else with the same PAN. You can flag this directly on the portal without paying anything.

Open Your AIS on the Portal

Find the Incorrect Entry

Look through each transaction. Click on the one you want to dispute, for example a duplicate FD interest from the same bank.

Submit Feedback

Select the correct reason such as Information is duplicate or Information is incorrect. The system will update your TIS and reduce or remove the flagged amount.

Documents You Will Need

AIS PDF from the portal
Bank statement showing the correct interest paid
FD certificates if interest is duplicated
Any communication from the bank about the transaction

Not sure which method applies to your case? Talk to a CA who can review your notice and guide you to the right path.

What to Expect and When

Before Filing

Download and review your AIS every year before you file your ITR. This prevents the mismatch from happening.

Day 1

Notice received pointing to a specific transaction or income not declared.

Day 2 to 5

Check the AIS entry. Decide if the data is wrong (submit feedback) or correct (refile your return).

Day 6 to 15

Submit AIS feedback or file a revised return with the correct income.

Day 16 to 30

System processes the feedback or revised return. Most cases close here.

Common Questions

People with this problem also look at

Income Tax Notice Missed Filing Deadline Outstanding Tax Demand

Still unsure what to do?

If the steps above feel complicated, or if the amount involved is large, do not try to handle it alone. Our Chartered Accountants can review your notice and tell you exactly what to do.