Even if AIS and Form 26AS data match, you could still receive an income tax notice; here are 5 major reasons..

ITR Filing 2026: Before filing their Income Tax Return (ITR), most taxpayers reconcile their data with the AIS (Annual Information Statement) and Form 26AS. However, even if the data in these documents matches perfectly, one might still receive a notice from the Income Tax Department.

Form 26AS primarily contains details regarding TDS, TCS, advance tax, and self-assessment tax. In contrast, the AIS includes various financial records linked to the PAN, such as salary, interest, dividends, share and mutual fund transactions, and property dealings.

According to tax experts, while reconciling the AIS and Form 26AS is essential, doing so alone does not guarantee immunity from receiving a notice.

5 Major Reasons for Receiving a Notice

Incorrect Information in ITR: Even if the AIS and Form 26AS are accurate, a notice may be issued if details regarding salary, interest, dividends, or capital gains are reported incorrectly or incompletely in the ITR.

Reporting Income Under the Wrong Head: The department may raise queries if, for instance, capital gains are reported under 'Income from Other Sources' or business income is shown under a different head.

Claiming Excessive Deductions:

Unusually large claims for deductions under sections like 80C or 80D, or for HRA, home loan interest, or capital gains exemptions, can trigger scrutiny.

High-Value Transactions: A notice may be issued if large bank deposits, property deals, investments in shares or mutual funds, foreign remittances, or substantial credit card spending do not align with the declared income.

Discrepancies in TDS Credit: