ITR Processing AIS doubt

This discussion addresses concerns about receiving an Income Tax Return (ITR) notice if there are discrepancies between your declared income and the details in your Annual Information Statement (AIS), particularly when one interest amount is missing. While matching your income with Form 26AS is important, the AIS is also scrutinised. If all incomes listed in the AIS are accurately reflected in your ITR, you should avoid a notice. However, if an interest amount is missing from your declaration, it's advisable to revise your ITR to include it, especially if this increases your taxable income.