Yes it’s right, When you claim HRA above 1,00,000 need to show LANDLORD PAN in the employer portal, Which will reflect in the landlord’s income tax portal AIS, they will remember in the employees’ income tax portal too, something called TIS

What is AIS in the income tax portal?

AIS stands for “Annual Information Statement” in the Income Tax Portal. It is a form that the employer submits to the Income Tax Department to report the details of various deductions and contributions made from the salary of their employees.

The form includes the total amount of tax deducted, the Employee Provident Fund (EPF) contribution, the National Pension Scheme (NPS) contribution, and other deductions made from the employee’s salary. The employer must submit the AIS form by a specified due date each financial year to comply with the tax laws.

The submission of AIS helps the Income Tax Department to track and verify the tax deductions made from the employee’s salary and to ensure that the correct amount of tax is being paid to the government.

What is TIS in the income tax portal?

TIS stands for “Tax Information System” in the Income Tax Portal. It is a platform provided by the Income Tax Department to taxpayers for e-filing of tax returns, tracking the status of returns, and viewing tax credit statements (Form 26AS).

The Tax Information System acts as a single window for taxpayers to access all their tax-related information and perform various tax-related activities online. Through TIS, taxpayers can e-file their tax returns, view their tax credit statements, and track the status of their returns.

The platform also provides various other services such as the ability to update personal information, apply for a PAN card, view the status of refunds, and more. TIS is a convenient and user-friendly platform that helps taxpayers manage their tax affairs in a hassle-free manner

Where can I see AIS and TIS?

AIS and TIS can be accessed through the official Income Tax Portal of the Indian government

The uses of AIS and TIS are:

AIS (Annual Information Statement):

• Employers use it to report the details of various deductions and contributions made from the salary of their employees.
• It helps the Income Tax Department to track and verify the tax deductions made from the employee’s salary and to ensure that the correct amount of tax is being paid to the government.

TIS (Tax Information System):

It is used by taxpayers to e-file their tax returns, view their tax credit statements (Form 26AS), and track the status of their returns.

It provides a single window for taxpayers to access all their tax-related information and perform various tax-related activities online.

It helps taxpayers manage their tax affairs in a convenient and user-friendly manner.

In conclusion, AIS and TIS are important tools for tax compliance and management in India, and taxpayers and employers are required to use these platforms for various tax-related activities and submissions.

To claim HRA Landlord PAN is required

Yes, that’s correct. To claim the House Rent Allowance (HRA) exemption, the employee is required to submit the PAN number of the landlord to the company. The company then uses this information to verify the claim and ensure that the correct amount of HRA exemption is granted. This is done to prevent fraud and misuse of HRA exemptions and to ensure that the employee is paying rent to a legitimate landlord. PAN number is a unique identifier for individuals and entities, and it helps the government track and verifies financial transactions.

Can I claim HRA without the landlord’s PAN?

Yes, you can claim HRA without landlord PAN when your annual rent payment exceeds Rs 1,00,000. However, it is mandatory to obtain your landlord’s PAN when your rent exceeds Rs 1,00,000