AIS and Form 26AS Reconciliation Before ITR Filing
Reconcile TDS, interest, securities, property and tax payments with books and evidence.
Reconcile TDS, interest, securities, property and tax payments with books and evidence. Use the sections below to understand the practical decisions, records and compliance points before taking action.
Download all three information views
Review Annual Information Statement, Taxpayer Information Summary and Form 26AS for the relevant assessment year. Each has a different role and none replaces underlying records.
Match tax deductions and payments
Compare TDS or TCS, advance tax and self-assessment tax with certificates, challans and books. Resolve wrong PAN, year, amount or deductor reporting where possible.
Trace reported financial information
AIS may include interest, dividends, securities, property, foreign remittance, GST and other reported information. Classify each item into the correct income and schedule.
Use feedback without hiding income
AIS feedback can flag duplicate or incorrect information, but it does not itself amend a return or guarantee source correction. Report actual taxable income supported by evidence.
Explain differences
Timing, joint ownership, reimbursements, transfers, redemptions and gross-versus-net reporting can create legitimate differences. Preserve a reconciliation note and supporting documents.
Recheck after filing
Information statements may update. Monitor return processing and communications and use the appropriate correction mechanism when a material mismatch emerges.
Official References
Rules and portal requirements can change. Review the current official material relevant to the proposed company.
This article provides general information and is not a substitute for legal, tax or investment advice. Applicability should be reviewed for the proposed entity and current law.