AIS Mismatch Notice: Why You Got One and How to Reply

The tax department now knows a lot about your money before you file: your salary, every bank’s interest, dividends, mutual fund redemptions, share sales, property purchases, foreign remittances and large credit card payments. All of this is shown in your Annual Information Statement (AIS). When your ITR doesn’t match it, the system flags a mismatch. That is now the most common reason ordinary taxpayers receive a notice.

AIS, TIS and Form 168: what’s the difference?

Statement	What it shows	Where
AIS (Annual Information Statement)	Detailed, transaction-wise information: TDS/TCS, Specified Financial Transactions (SFT) from banks, registrars, mutual funds and others, taxes paid, demands and refunds, and other information such as GST turnover or foreign remittances	e-filing portal → AIS
TIS (Taxpayer Information Summary)	AIS information grouped by category (salary, interest, dividend, sale of securities and so on). It shows a processed value and a value derived after your feedback. It is used to prefill your return	Same AIS page
Form 168 (formerly Form 26AS)	Since AY 2023-24, TDS and TCS only. Everything else moved to AIS	e-filing portal / TRACES

How to access your AIS

Log in to incometax.gov.in.
Go to AIS from the dashboard menu. Depending on the portal version, this is under Services or e-File → Income Tax Returns → View AIS.
Select the financial year and open AIS or TIS. You can download it as a PDF (the password is your PAN in lowercase followed by your date of birth as DDMMYYYY) or as JSON.

Typical mismatches we see

Savings bank and FD interest left out of the return, especially from accounts you rarely use
Mutual fund redemptions shown as “sale of securities” even though they were switches or SIP redemptions with little gain
Share sales where AIS shows the sale value, not the gain, which alarms people
Dividends from small holdings
Rent reported by a tenant company that deducted TDS
Property purchase or sale reported by the registrar
Duplicate entries, e.g. the same interest reported by a bank twice
Entries belonging to someone else, a joint holder, or a different year

Giving feedback on AIS

If something in AIS is wrong, give feedback before filing your return. Open the transaction, click Optional / Feedback, and pick a reason. The main options are:

Information is correct
Information is not fully correct (enter the correct amount)
Information relates to other PAN/Year
Information is duplicate/included in other information
Information is denied (the transaction is not yours)
Income is not taxable (for some income entries)

After you submit, the modified value appears next to the reported value, and you can download an acknowledgement. Where you change or deny information, the department may ask the reporting source to confirm. You can modify your feedback later.

Important: feedback is not a substitute for reporting. If income is genuinely yours, it must go in your ITR even if AIS shows it wrongly or doesn’t show it at all. AIS may also miss some transactions, and you remain responsible for complete reporting.

When you get a mismatch notice

Mismatches reach you in a few ways:

143(1)(a) proposed adjustment. During processing, CPC proposes to add income shown in AIS but missing from your return. Reply within 30 days, either agreeing or disagreeing with reasons, under Pending Actions → e-Proceedings. If you don’t reply, the adjustment is made and a demand follows.
e-Verification / compliance portal query. For high-value or unreported transactions, you may receive a query on the Compliance Portal, with options to say the information is fully or partly reported, belongs to another year or person, or needs a revised or updated return.
Non-filing notice. If AIS shows significant transactions but no return was filed.
Scrutiny or reassessment in larger cases.

How to respond

Reconcile line by line. Make a simple sheet: AIS entry → where it appears in your ITR, or why it is not taxable. Common reasons are that a gain is exempt, already reported under a different head, a duplicate, or belongs to a joint holder.
If you missed income, don’t argue. File a revised return (by 31 March following the assessment year, under the Finance Act 2026 timeline) or an updated return (ITR-U) if the revised return window has closed. Pay the tax and interest. This usually closes the issue before it escalates.
If the AIS is wrong, give AIS feedback, then reply to the notice with evidence: bank statements, capital gains statements from the broker or RTA, Form 16A, or letters from the reporting entity.
For share and mutual fund “sale value” entries, attach the capital gains statement showing cost and gain. Tax is on the gain, not the sale value.

Frequently asked questions

Will I get a notice for every small interest mismatch?
Not necessarily, but CPC’s processing compares your return with AIS automatically. Even small differences can trigger a 143(1)(a) proposed adjustment. Reporting all interest, even if covered by a deduction, avoids this.

AIS shows a transaction that isn’t mine. What do I do?
Choose “Information is denied” or “relates to other PAN/Year”, and keep a copy of the acknowledgement. If a notice follows, attach the feedback acknowledgement and any proof.

Is TIS the same as what I should report?
TIS is a helpful starting point, and it prefills your return. Always check it against your own records. It can contain duplicates or miss items.

My AIS was updated after I filed. Do I need to do anything?
Check the new entries. If they show income you did not report, revise your return (or file ITR-U if the revised window has closed) before the department raises it.

Seeing numbers in your AIS you don’t recognise? Garvita Jain & Co. reconciles your AIS, TIS and Form 168 with your records, submits feedback and handles mismatch notices end to end. Contact us here, or at contact@garvitajainandco.com or +91 98678 16597.

This article is general information based on the law as of October 2026 and is not professional advice.

Sources

Official

Professional / CA publications

AIS and TIS Mismatch Notices: Why You Got One and How to Reply