Mismatch in sales as per AIS/TIS with capital gain report

Hello Everyone..

AIS/TIS verification has been made mandatory before filing the return of income.

Now while verifying the same I found that the sales value reported in AIS/TIS for sale of shares/mutual fund doesn't match individually with the capital gain/loss statement generated online. So could anyone guide how people facing similar issue deal with it.

Thanks in advance.
Replies (5)
Quick Summary
Many taxpayers are encountering a mismatch between the sales values reported in their AIS/TIS statements and their capital gains reports for shares and mutual funds. While AIS/TIS verification is now mandatory, discrepancies are common. This discussion explores how individuals are handling these differences, whether by reporting corrections to AIS or if relying on other tax assessment data is sufficient.

If the AIS report is not correct, assessee can report the same for correction in TIS.

Agree with above comment
This is there in most of cases..So was asking if others face the same issue and do report in AIS?

Not needed. As on the date, the assessment is mostly based on form 26AS.

AIS/TIS are to be implemented in stages.

Could u pls share the source which states that ais/tis will be implemented in stages?Since as per notification they are to b considered before filing return and if one has already filed the return than they have to revise it

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