Scope: India information-statement reconciliation; use current-year portal statements.. Source review: 14 November 2026.
Quick answer
AIS, TIS and Form 26AS are reconciliation aids, not substitutes for a complete income calculation. Use them alongside employer certificates, bank records and investment statements. A reported transaction may be duplicated, attributed incorrectly or represent proceeds rather than taxable income. Equally, an income item may be taxable even when no reporting entity has included it in AIS.
What each statement contributes
AIS presents a broad set of reported information and offers a feedback mechanism. TIS is an aggregated information summary. Form 26AS is especially important when checking reported tax deductions and collections. Their layout and coverage can change, so use the current portal guidance rather than assuming every historical description of Form 26AS remains current.
The Department's AIS FAQ describes reported and modified values and activity history. Feedback helps explain information errors, but a feedback entry is not an assessment order accepting your legal position. Preserve your evidence independently.
Build a reconciliation worksheet
Create columns for the reporting entity, account or employer, transaction period, amount in the original record, amount reported in AIS, nature of income and proposed treatment. Add a separate tax-credit column. Reconcile each source before combining totals. Keep a short explanation for every difference, even where the discrepancy is only timing or rounding.
Income and transaction value are different
A securities sale value is not necessarily a capital gain: acquisition cost, holding period and other applicable rules matter. A transfer between your own accounts is not automatically new income. Salary and bank interest, however, should not be omitted solely because an information statement is incomplete. Decide the legal character first, then quantify the relevant amount from reliable records.
Handle duplicates without losing income
Suppose the same deposit interest appears in a bank certificate and in AIS. They are usually two records of one income stream, not two amounts to add. If two reporting entries appear to describe the same interest, compare account numbers, dates and certificates before removing anything from your working totals. Similar-looking amounts can also relate to different accounts; an unsupported deletion is not reconciliation.
When reported tax credit is missing
Match the deductor's certificate to the relevant year and PAN. Ask the deductor to investigate errors where appropriate. Preserve the certificate and any correction correspondence. Tax credits require their own eligibility and reporting checks; claiming a refund simply because an employer says tax was deducted can lead to a processing mismatch if the departmental record is not corrected.
Use feedback carefully
Read the feedback options in the live AIS interface and choose the option that actually matches the facts. Explain the reason and retain any acknowledgement or activity record. Do not use feedback to relabel genuinely taxable income as incorrect merely to reduce the return amount. If the error persists, keep an evidence-backed reconciliation for an adviser or a later query.
Review before filing
- Compare the same financial year across all statements.
- Link each income line to original evidence.
- Identify duplicate reporting separately from missing income.
- Confirm tax credits and payment challans.
- Record unresolved items and seek advice before taking a material position.
Common questions
Can I copy the prefilled return unchanged?
Only after checking it against your complete records. Prefill reduces typing; it does not transfer responsibility for accuracy to the reporting entities.
Does AIS feedback amend a filed return?
No. Information feedback and correcting a return are different processes. If you already filed, review the available official correction route for that year and situation instead of assuming feedback updates the return.
Official sources
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Editorial note
This is educational reference material prepared by Tax CoPilot Editorial, not a signed CA or CPA opinion. Examples are illustrative. Confirm the applicable year, current official instructions and your facts before filing. Complex or cross-border positions require a qualified adviser. Tax CoPilot preparation drafts are not official returns.