These discrepancies can cause difficulties in filing returns, making it crucial to address any issues promptly. The AIS contains all financial transactions made by taxpayers during the financial year, including income, bank account details, and investments Errors in AIS can include:

Entering duplicate income entries or unrelated sources of income

Errors in Tax Deduction at Source (TDS)

Mention of high-value transactions

Incorrectly registered interest from banks and post offices

Mistakes in transactions related to mutual funds and shares

How to Fix:

Visit the Income Tax e-filing portal and select the AIS tab.

Refer to AIS Part-A and Part-B to identify incorrect information.

Select the option to change incorrect details, specifying the correct information.

Submit your request for validation and correction by the Income Tax Department.

For mismatched tax details in Form-26AS, immediately contact your employer to correct them.

Foreign Transactions:

Transactions such as sending money abroad also appear in AIS. Verify these carefully and correct any discrepancies immediately. 

Maintain documentation of all income or transactions involving foreign entities.

How to Identify Discrepancies:

Download your AIS and Form-26AS from the e-filing portal.

Compare them with your Form-16.

Ensure that all income details and TDS information are accurate and up-to-date.

By following these steps, you can resolve discrepancies and ensure accurate filing of your income tax r