ITR Filing 2025: The deadline for filing income tax return (ITR) for assessment year 2025-26 has already been extended till September 15 due to technical preparations. But now technical flaws and data in the Annual Information Statement – AIS have created new concerns for taxpayers. This problem is being done to small investors, especially ITR-1.
Incorrect interest reporting became the main problem
Bombay Chartered Accountants Society (BCAS) treasurer and CA Kinjal Bhutta said that this time interest income related mistakes have increased. He said, “Issues such as miss-classification of post office and bank interest, duplication in joint accounts and more calculation of interest are common. It is often caused by wrong SFT reporting or departmental technical disturbances.”
An automatic notice from Missamach fears
Tax partner Sandeep Sehgal in AKM Global said that if there is any difference between AIS and ITR, it can lead to auto-zenned notices in the system of Income Tax Department. He warned, “In such cases, unnecessary compliance on small taxpayers may increase burden.”
Expert advice: AIS data cross-check
Tax experts have warned that it can be risky to depend on AIS completely. Many times the income of exempted income (such as savings account interest or tax -free interest) and non -TDS income is not visible in AIS. If the taxpayers filed a return on the basis of AIS without verification, the scope of mistake increases.
Kinjal Bhutta said, “Taxpayers should report the correct income as per their bank statement. To clarify any difference, the documents required should be handled.”
Sehgal said that taxpayers can flag the mistakes of AIS in the Compliance Section on the E-Filing portal of the Income Tax Department and register manual reforms. He said, “It is very important to give feedback from time and manual re-culture, otherwise you can get loss or notice of legitimate cuttings.”
The number of duplicate entry increased
According to experts, this time the number of duplicate and incorrect entry in the AIS database is higher than before. Kinjal said, “The same interest income is visible several times due to flaws at the reporting level. In such a situation, taxpayers should carefully match all income sources and keep the documents ready.”
Improvement is necessary in time
The last date for filing returns is still about two months left. Experts believe that taxpayers should check all pre-filled data using this time. Also, by logging on to the AIS portal, possible errors should be repaired through feedback. Preparations should also be made for all explanations on your behalf.
If this is not done, there will be a possibility of delay in refund, tax notice and loss of legitimate cuttings.
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