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

Landlord PAN requirement: employees must report landlord PAN when annual rent exceeds threshold; declaration allowed if absent. Where an employee pays annual rent exceeding the prescribed threshold, the employee must furnish the landlord's PAN to the employer. If the landlord lacks a PAN, the employee must submit a written declaration to that effect together with the landlord's name and address; the employer should retain either the PAN or the declaration for compliance.