

Revenue stamp if the cash payment is more than Rs 5,000 per receipt.Here is the basic template of rent receipt in Hindi:Īlso read about rent receipt and tax benefits Here is the basic template of rent receipt. Read more about rent receipt and HRA exemption Towards the rent per month from _ to _ in respect of House No._ _ situated at _ (Under Section 1 (13-A) of Income Tax Act) Rent receipt format is based on identification details of the landlord and tenant, monthly rent amount and address of the rented property.Ĭustomisable rent receipt templates Rent receipt format

The payment of rent should be verified through rent receipts in the cases of all employees,” a circular issued by the income tax department says. “For purposes of deduction of tax, the disbursing officer should ensure that the employee concerned has in fact incurred the expenditure on rent. Yes, according to the government, “though for purposes of grant of house rent allowance, a rent receipt may not be insisted upon by government, it is necessary for granting the exemption under Section 10( 13A) that the employee should have actually incurred the expenditure on rent”. Is providing rent receipt mandatory to claim HRA exemption? Digital rent receipts for easy record-keeping.What if I fail to submit rent receipts to my employer?.Is giving PAN card photocopy necessary?.What is the value of the revenue stamp used on the rent receipt?.Is providing rent receipt mandatory to claim HRA exemption?.
