Generate Rent Receipt
RENT RECEIPT
Receipt No: -
Received From:
-
Amount (in words):
-
Amount (βΉ):
-
Period:
-
Property Address:
-
Landlord Name:
-
About Rent Receipts for HRA
Rent receipts are required to claim House Rent Allowance (HRA) exemption from taxable income.
When Rent Receipts are Required:
- If annual rent exceeds βΉ1 lakh, rent receipts are mandatory
- Landlord's PAN required if annual rent > βΉ1 lakh
- Keep receipts for all months to claim HRA exemption
What to Include in Rent Receipt:
- Tenant name and landlord name
- Monthly rent amount
- Period for which rent is paid
- Property address
- Landlord's signature
- Revenue stamp (βΉ1 if rent > βΉ5,000/month)
Important Points:
- Generate separate receipts for each month
- Get landlord's signature on each receipt
- Affix revenue stamp if monthly rent exceeds βΉ5,000
- Keep receipts safely for tax filing