House rent

[Ajay Krishnan]

I been there in 2 houses for rent in this FY and either of the landlord has more than 1 lakh paid in this year but collectively it is more than 1 lakh. So my question is whether I have to provide Pan number of landlord?

[Deepak Aggarwal]

Dear Ajay ji,

If annual rent paid by the employee exceeds ₹ 1,00,000 per annum, it is mandatory for the employee to report PAN of the landlord to the employer. In case the landlord does not have a PAN, a declaration to this effect from the landlord along with the name and address of the landlord should be filed by the employee.

Thanks

AI Summary

Clarification on Reporting Landlord's PAN: Total Rent Exceeding 1,00,000 Requires PAN or Declaration Submission. An individual inquired whether they need to provide their landlord's PAN number if the total rent paid across two properties exceeds 1,00,000 in a financial year, even though neither landlord individually received more than 1,00,000. The response clarified that if the total annual rent paid exceeds 1,00,000, the employee must report the landlord's PAN to their employer. If the landlord does not have a PAN, a declaration from the landlord, including their name and address, must be submitted.