How to reconcile Form 26AS with mutual fund transactions

Tue, 19 May 2026 00:00:00 +0000

Reconciling Form 26AS / AIS with MF transactions before ITR filing prevents processing delays and audit queries. Section 194K TDS by AMCs, capital gains, and IDCW are all reported by AMCs via TDS / AIS framework; verifying alignment is essential.

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Step-by-step procedure

See the procedure infobox above.

How to reconcile AIS with the PPFAS capital-gains statement for ITR

Sun, 17 May 2026 00:00:00 +0000

The two documents should agree on every PPFAS transaction in the FY. The PPFAS-issued Capital Gains Statement is the AMC’s authoritative record; the AIS is what the Income Tax department sees from AMC SFT submissions. In practice they often disagree, for predictable reasons: AMC SFT reporting lags the FY-end, AIS aggregates may exclude certain switches or IDCW reinvestments, the AIS may classify a transaction under a different head than the AMC, or a stale entry from a prior FY may have rolled forward.

AIS Reconciliation on WebNotes

How to reconcile Form 26AS with mutual fund transactions

Step-by-step procedure

How to reconcile AIS with the PPFAS capital-gains statement for ITR