₹21,300 left every month
TaxSavvy for AIS mismatch
AIS shows wrong income? Correct it before it costs.
We match AIS to your records and file feedback on every wrong entry.
How we get it done
Four steps, the same for every job. You see each one ticked.
Information
E-filing login. PAN and date of birth
Discussion
Which entries look wrong: amount, duplicate, another person's, or exempt income?. Is a TDS amount missing or short?
Forms
Download AIS (PDF, JSON or CSV) and TIS for the year. Reconcile each AIS entry with records
Deliverables
Feedback acknowledgement receipts. Consolidated AIS feedback PDF
See what you get, free
Real formats, made with dummy data.
Sample Sample ₹36,280 less tax in the new regime
Sample Net worth ₹14.9 lakh
Questions, answered the CA way
Facts, Provisions and law, Analysis, Conclusion.
High-value transaction notice: SFT and AIS mismatch
- Facts
- Statement of Financial Transactions (SFT) requires banks, mutual funds, registrars, and others to report high-value transactions to the IT department. These appear in your AIS. When your AIS shows a transaction that doesn't appear in your ITR, you get a notice.
- Provisions and law
- IT Act, Sec 285BA | SFT Rules | AIS (Annual Information Statement)
- Analysis
- Common SFT triggers: Cash deposit above ₹10L in savings account. FD above ₹10L. MF purchase above ₹10L. Property sale above ₹30L. Credit card spend above ₹1L/month (for cash payers). Share transactions above ₹10L. The notice asks: "We see this transaction in your AIS. Why is it not reflected in your ITR?" Your response must explain the source, income already taxed, exempt income, loan, gift from relative, etc.
- Conclusion
- Identify the specific transaction in your AIS (amount, counterparty, date)
- Match to your bank statement, ITR, or investment records
- If the income was declared: point to the exact schedule in your ITR where it appears
- If it's exempt income (LTCG within limit, gift from relative, inherited): explain with documentary evidence
GSTR-2A / 2B mismatch notices: ITC reversal demands
- Facts
- The most common GST notice: your GSTR-2B shows less ITC than what you claimed in GSTR-3B. Reasons: vendor didn't file GSTR-1, vendor filed after your return date, invoice uploaded incorrectly.
- Provisions and law
- CGST Act, Sec 16(2)(aa), 16(4) | Rule 36(4)
- Analysis
- Sec 16(2)(aa): ITC is available only on invoices appearing in GSTR-2B. If not in GSTR-2B, ITC must be reversed with interest (18% per annum). Defence: Get vendor to file/amend their GSTR-1. Once vendor files, the invoice appears in your GSTR-2B and ITC can be claimed. Chasing vendors is now a mandatory compliance activity.
AIS Reconciliation Before Filing
- Facts
- AIS (Annual Information Statement) is what the government already knows about your income. Any mismatch between AIS and your ITR triggers a Sec 270(1), Income-tax Act 2025 (old Sec 143(1)) notice automatically.
- Provisions and law
- Sec 510 (old 285BB); Rule 114-I; Sec 270(1) (old 143(1)); Sec 439 (old 270A)
- Analysis
- What AIS shows (50+ types): Salary TDS (employer reported), FD/savings interest (bank reported), MF redemptions (CAMS/registrar reported), property transactions (registrar reported), dividend income (company reported), share transactions (SEBI/exchanges reported), foreign remittances (bank reported). How to access AIS: incometax.gov.in → Services → Annual Information Statement (AIS) → Download AIS. Also available as PDF and JSON. Two views: Taxpayer Information Summary (TIS), consolidated; AIS, detailed per transaction. AIS feedback mechanism: If a transaction in AIS is incorrect (e.g. bank reported wrong amount, MF company reported your brother's transaction), submit feedback: "Incorrect information" or "Income not pertaining to me". Feedback reduces AIS figure for that item. TIS vs AIS: TIS shows consolidated income by category (salary, interest, dividends). Use TIS to fill ITR.
- Conclusion
- Download AIS from IT portal (available from May for previous FY)
- Download TIS, compare each category with your own records
- Category 1, Salary: Matches Form 130 (old Form 16)? If multiple employers, sum of all Form 16s must match AIS salary figure
- Category 2, Interest: Bank FD interest + savings interest. Cross-check bank certificates
AIS, Annual Information Statement: What It Is and All 50+ Categories
- Facts
- AIS is the government's mirror of your financial life. Every bank, mutual fund, registrar, stock exchange, and institution reports transactions to the IT department. This is what triggers automatic Sec 270(1), Income-tax Act 2025 (old Sec 143(1)) demands. Understanding AIS is the single most important step before filing ITR.
- Provisions and law
- Sec 510 (old 285BB); Rule 114-I; Sec 259 (old 133C); Sec 285BA
- Analysis
- All major AIS categories (50+): (1) Salary (from employers). (2) Rent received (from tenants). (3) Dividends (from companies). (4) Interest from savings account. (5) Interest from deposits. (6) Interest from bonds. (7) Interest from income tax refund. (8) Rent on plant and machinery. (9) Winnings from lotteries. (10) Winnings from horse races. (11) Insurance commission. (12) Receipt of accumulated PF. (13) Contribution to PF. (14) Salary from the government. (15) Sale of securities/units. (16) Sale of immovable property. (17) Purchase of immovable property. (18) Sale of vehicles. (19) Purchase of securities. (20) Cash deposits in savings accounts. (21) Cash withdrawals from accounts. (22) Purchase of foreign exchange. (23) Credit card payments. (24) Payment of insurance premium. (25) Purchase of bank draft. (26) SFT transactions (property, MF, equity above thresholds).
- Conclusion
- Log in to incometax.gov.in → Services → Annual Information Statement
- Download AIS in PDF (for reading) and JSON (for software import)
- Also download TIS, the consolidated summary you will use to fill ITR
- Check Category 1: Salary, matches sum of all Form 130 (old Form 16) Part A?
AIS shows wrong income? Correct it before it costs.
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