AIS Data Inaccurate? Here Is How You Can Fix It (2026 Guide)
You downloaded your Annual Information Statement. You cross-checked it carefully. And then you noticed something wrong. A bank interest amount that does not match your passbook. A capital gain figure that looks different from what your broker reported. An income entry that should not be there at all. Do not panic. AIS mismatches are more common than most people realise — and the Income Tax Department has a built-in process to correct them. Here is exactly what to do. Why AIS Data Can Be Inaccurate The AIS pulls information automatically from multiple sources — banks, brokers, mutual fund houses, property registrars, and employers. When any of these sources report incorrect or delayed data your AIS reflects that error. The most common mismatches Indian taxpayers are seeing in 2026 include the following. Bank interest mismatches — your bank may have reported your savings account interest or fixed deposit interest incorrectly to the Income Tax Department. This happens when banks report o...
