Answer

ITR

Same interest or dividend shown twice in AIS

Updated . Every paid answer is checked by a CA. Free AI answers are labelled until a CA verifies them.

  1. Facts

    AIS can show the same income twice, for example once from the bank's SFT report and once from TDS data. Mark one entry as 'Information is duplicate/included in other information'. Report the income only once in your return.

  2. Provisions and law

    • Sec 285BB (now Sec 510)Annual Information Statement of a taxpayer's reported transactions and taxes
    • Rule 114-I, Income-tax Rules 1962Annual Information Statement uploaded to the taxpayer's account
  3. Analysis

    Compare amounts, dates and the reporting entity. If FD interest of ₹65,000 appears under TDS (194A) and again under SFT interest, mark the SFT entry as duplicate of the TDS entry. TIS will then show ₹65,000, not ₹1,30,000. If the amounts differ slightly, use 'not fully correct' with the right figure instead.

  4. Conclusion

    1. Find both entries and compare amount and source
    2. Open feedback on one entry and choose duplicate
    3. Refer to the other entry in the feedback
    4. Check TIS shows the single amount

A Savvy can do this for you

AIS and TIS feedback and mismatch correction

₹999

Get this doneAsk a Savvy on WhatsApp

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.

People also ask