The key information sources under this information category are as under:
S.No | Information Source | Information Description |
1 | Purchase of overseas tour package (Section 206C(1G(b))) | Information is reported by deductor in TCS form 27EQ (quarterly statement). This information is provided by the collector to the taxpayer in Form 16D. |
2 | Payment in connection with travel to any foreign country (Form 60/61) | Payment in connection with travel to any foreign country may be reported in Form 61 if the PAN is not furnished by the transacting party. PAN is populated based on aadhaar and other attributes of the person. |
The approach for AIS processing and information handling is as under:
Information relating to foreign travel is reported by tour operator through TDS form 27EQ. Tour operator while receiving the amount collects additional amount in the form of TCS. Also Reporting entity reports information relating payments in connection with travel to any foreign country through form 61.
The AIS information level feedback can be used for providing following inputs:
Information is correct
Information is not fully correct
Information relates to other PAN/Year
Information is duplicate / included in other information
Information is denied
The feedback provided by taxpayer will be shown separately in AIS and will update the value in Taxpayer Information Summary (TIS). 2
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