AIS Shows Extra Interest? File Revised ITR by Dec 31, 2025 to Avoid Penalties!

• Discrepancy in Annual Information Statement (AIS) may show extra interest income not in original ITR for FY2024-25.
• Experts advise filing a revised tax return by December 31, 2025, if the omitted income is genuine.
• Mismatches between ITR and AIS can trigger notices, scrutiny, delayed refunds, interest liability, or penalties.
• Before revising, verify interest income with banks; if AIS data is incorrect, submit feedback on the AIS portal.
• Filing a revised return ensures compliance and aligns data with tax authorities, reducing future risks.

Why It Matters: If AIS shows extra interest, verify and file a revised ITR by Dec 31, 2025, or submit feedback.