Published Jun 16, 2026 4 Min Read

Introduction

If you find incorrect information in your AIS, you can submit feedback through the Income Tax portal to request a review of the reported transaction. Correct AIS feedback helps ensure that your tax records, income details, and investment-related information are accurate before filing your return.

  • AIS displays financial information linked to your PAN, including income, taxes, and specified transactions.
  • You can submit feedback against incorrect entries directly through the Income Tax portal.
  • The portal provides five feedback options to report different types of mismatches.
  • AIS may include information related to interest income, dividend income, securities transactions, mutual fund investments, and tax deductions.
  • Accurate AIS records can help you avoid discrepancies while filing your ITR.
  • Reviewing AIS regularly can support better financial planning and help you track income available for future investments.

Once your tax information is accurate, you can make more informed financial decisions, including planning investments through the Bajaj Broking website.

What is the Annual Information Statement (AIS)?

The Annual Information Statement (AIS) is a detailed statement available on the Income Tax portal. It contains information about your financial transactions reported by banks, employers, mutual fund houses, stock brokers, and other reporting entities.

AIS helps you view important tax-related information in one place. It can include details such as salary income, interest income, dividend income, securities transactions, tax deducted at source (TDS), and specified financial transactions.

If you invest in mutual funds or other financial products, AIS can help you verify whether the information reported by financial institutions matches your own records and statements.

Information categoryExamples
Income detailsSalary, interest income, dividend income
Tax detailsTDS, TCS, advance tax
Investment transactionsMutual funds, shares, bonds
Banking transactionsHigh-value deposits and withdrawals
Other reported informationProperty transactions and specified financial activities

You should review AIS regularly because the information may affect your income tax return, financial planning, and investment decisions.

Why correcting your Annual Information Statement matters

An incorrect AIS can lead to differences between your actual income and the information available with the Income Tax Department. These differences may create issues when filing your ITR.

Correcting your annual information statement helps you:

  • Identify incorrect or duplicate transactions
  • Report information that does not belong to you
  • Match your tax return with available records
  • Reduce the possibility of receiving tax notices
  • Maintain accurate financial records

This becomes especially important if you invest in mutual funds, stocks, bonds, or other financial products. Incorrect reporting of investment transactions, dividend income, redemption proceeds, or capital gains can affect the accuracy of your tax return.

Accurate AIS records also provide a clearer picture of your income and financial position. This can help when planning future investments, including mutual fund investments through the Bajaj Broking website.

How do you correct your Annual Information Statement?

The process is completely online through the Income Tax portal and usually takes only a few minutes. Before submitting feedback, you may compare AIS entries with bank statements, Form 26AS, mutual fund statements, or investment records available through the Bajaj Broking website and other financial institutions.

  1. Log in to the Income Tax e-Filing portal using your PAN and password.
  2. Open the AIS section from the Services menu.
  3. Select the relevant financial year from the AIS dashboard.
  4. Review the transaction that contains incorrect information.
  5. Click the Feedback option available next to that transaction.
  6. Choose the appropriate feedback category from the available options.
  7. Enter supporting remarks in the feedback text field if required.
  8. Submit the feedback and note the acknowledgement reference.

AIS feedback is subject to verification by the reporting entity and the Income Tax Department.

What causes an AIS mismatch?

AIS mismatches can occur for several reasons. Understanding the cause helps you choose the correct feedback option.

Common causeExplanation
Duplicate reportingThe same transaction appears more than once
Incorrect amountThe reported value differs from actual records
Wrong PAN mappingInformation belonging to another taxpayer appears in AIS
Closed accountsOld account details continue to be reported
Reporting delaysUpdated information has not yet been reflected
Data entry errorsReporting entity submits incorrect information
Investment reporting differencesMutual fund, securities, dividend, or capital gains information may be reported incorrectly or with timing differences

Before submitting feedback, compare AIS information with bank statements, Form 26AS, Consolidated Account Statements (CAS), mutual fund account statements, broker reports, and other financial records.

Conclusion

AIS is an important tax information document that helps you verify the financial information available with the Income Tax Department. If you find incorrect details, you can use the AIS feedback mechanism to report them.

Reviewing AIS before filing your ITR can help ensure that your tax return is based on accurate information. This is particularly useful if you earn income from investments or regularly invest in mutual funds and other financial products.

Once your income and transaction records are correctly reflected in AIS, you can make better-informed financial decisions and track your investments more effectively through platforms such as the Bajaj Broking website.

Frequently asked questions

Does submitting AIS feedback change the source-reported data?

No. Submitting feedback does not directly change the information reported by the source. Your feedback is recorded and shared with the reporting entity for review. This is important if the entry relates to income, mutual fund transactions, dividend income, securities transactions, or other investment-related information. The source-reported data remains unchanged until the reporting entity verifies the issue and submits any required corrections.

What are the five AIS feedback options available on the income tax portal?

The Income Tax portal generally provides the following feedback options:

Feedback optionMeaning
Information is correctReported information is accurate
Information is not fully correctSome details are incorrect
Information relates to another personTransaction does not belong to you
Information is duplicatedSame transaction reported multiple times
Information is deniedYou do not recognise the transaction

These options can be used for any incorrect AIS entry, including income records, banking transactions, mutual fund investments, dividend income, or securities transactions.

Can I file my ITR if there is a mismatch in my AIS?

Yes. You can file your ITR even if there is an AIS mismatch. However, you should review the discrepancy carefully and submit appropriate feedback before or while filing your return.

If the mismatch relates to mutual fund investments, dividends, redemption proceeds, or capital gains, compare the information with your investment statements and transaction reports. Investors can also use records available on the Bajaj Broking website and other financial platforms to verify reported information before filing their return.

How long does it take for AIS to update after submitting feedback?

The update timeline can vary because it depends on verification by the reporting entity and processing by the Income Tax Department. Some feedback may be reflected relatively quickly, while other cases may take longer if additional verification is required.

While waiting for updates, keep supporting documents such as Form 26AS, bank statements, mutual fund account statements, and investment reports from the Bajaj Broking website or other financial institutions for reference.

Can I modify or withdraw AIS feedback after submission?

Yes. The Income Tax portal allows you to review previously submitted feedback. Depending on the status of the feedback, you may be able to modify or withdraw it through the AIS section.

This can be useful if you later discover additional information related to income records, banking transactions, mutual fund transactions, or other financial activities reported in AIS.

Is there a deadline to correct errors in the Annual Information Statement?

There is no separate deadline prescribed specifically for AIS feedback submission. However, you should report errors as early as possible and preferably before filing your Income Tax Return.

This is particularly important if you earn income from mutual funds, dividends, securities transactions, or capital gains because these entries may affect the accuracy of your return and future financial planning decisions.

Show More Show Less

Bajaj Finance app for all your financial needs and goals

Trusted by 50 million+ customers in India, Bajaj Finance App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finance App to:

  • Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
  • Invest in fixed deposits and mutual funds on the app.
  • Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
  • Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
  • Apply for Insta EMI Card and get a pre-qualified limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
  • Shop from over 100+ brand partners that offer a diverse range of products and services.
  • Use specialised tools like EMI calculators, SIP Calculators
  • Check your credit score, download loan statements and even get quick customer support—all on the app.

Download the Bajaj Finance App today and experience the convenience of managing your finances on one app.

Disclaimer

Bajaj Finance Limited (“BFL”) is an NBFC offering loans, deposits and third-party wealth management products.

The information contained in this article is for general informational purposes only and does not constitute any financial advice. The content herein has been prepared by BFL on the basis of publicly available information, internal sources and other third-party sources believed to be reliable. However, BFL cannot guarantee the accuracy of such information, assure its completeness, or warrant such information will not be changed.

This information should not be relied upon as the sole basis for any investment decisions. Hence, User is advised to independently exercise diligence by verifying complete information, including by consulting independent financial experts, if any, and the investor shall be the sole owner of the decision taken, if any, about suitability of the same.

Disclaimer

Bajaj Finance Limited ("BFL") is registered with the Association of Mutual Funds in India ("AMFI") as a distributor of third party Mutual Funds (shortly referred as 'Mutual Funds) with ARN No. 90319

BFL does NOT:

(i) provide investment advisory services in any manner or form.

(ii) carry customized/personalized suitability assessment.

(iii) carry independent research or analysis, including on any Mutual Fund schemes or other investments; and provide any guarantee of return on investment.

In addition to displaying the Mutual fund products of Asset Management Companies, some general information is sourced from third parties, is also displayed on As-is basis, which should NOT be construed as any solicitation or attempt to effect transactions in securities or the rendering any investment advice. Mutual Funds are subject to market risks, including loss of principal amount and Investor should read all Scheme/Offer related documents carefully. The NAV of units issued under the Schemes of mutual funds can go up or down depending on the factors and forces affecting capital markets and may also be affected by changes in the general level of interest rates. The NAV of the units issued under the scheme may be affected, inter-alia by changes in the interest rates, trading volumes, settlement periods, transfer procedures and performance of individual securities forming part of the Mutual Fund. The NAV will inter-alia be exposed to Price/Interest Rate Risk and Credit Risk. Past performance of any scheme of the Mutual fund do not indicate the future performance of the Schemes of the Mutual Fund. BFL shall not be responsible or liable for any loss or shortfall incurred by the investors. There may be other/better alternatives to the investment avenues displayed by BFL. Hence, the final investment decision shall at all times exclusively remain with the investor alone and BFL shall not be liable or responsible for any consequences thereof.

Investment by a person residing outside the territorial jurisdiction of India is not acceptable nor permitted.

Disclaimer on Risk-O-Meter:

Investors are advised before investing to evaluate a scheme not only on the basis of the Product labeling (including the Riskometer) but also on other quantitative and qualitative factors such as performance, portfolio, fund managers, asset manager, etc, and shall also consult their Professional advisors, if they are unsure about the suitability of the scheme before investing.


Disclosure
: Bajaj Finance Limited (BFL) is a distributor of Mutual Funds with ARN - 90319 and distributes mutual funds of Bajaj Finserv Asset Management Limited (BFSAMC). BFL receives commission towards distribution of mutual fund products. BFSAMC is a group company of BFL, carrying business on arm’s length basis without any conflict of interest and in accordance with the prevailing law / regulation.