Also, how can I provide feedback on the information?
Answer: Tushant June 9, 2023 Answer:
Q What should I do if there is an error in AIS or Form 26AS?
A The AIS includes information that is made available to the Income Tax Department, which it receives from the reporting entities. According to the Income Tax Act, certain entities are required to report high-value transactions to the department. However, there may be instances where the data for a specific period is not received or updated. Therefore, it becomes important to carefully review all related information and provide complete and accurate details in their ITR.
Once you spot an error, you can use the feedback mechanism to report any errors in the AIS. The steps for filing feedback are provided below.
Q How can I provide feedback on the information?
A You can provide feedback on the active information presented under TDS/TCS Information, SFT Information, or Other information by following the steps outlined below:
Q What happens after I submit the feedback?
A Once you successfully submit feedback on AIS information, the feedback will be displayed alongside the information. The modified value of the information will also be visible with the reported value. The activity history tab will be updated, and you will have the option to download an Acknowledgement Receipt. Additionally, you will receive email and SMS confirmations for the submission of feedback.
Q Is there a limit to the number of times I can modify a given feedback?
A Currently, there is no limit to the number of times you can modify previously given feedback.
You can read more about the Annual Information Statement (AIS) here.
