Rent Receipt Generator
🏠 Rent Receipt Generator
Generate Professional Rent Receipts for HRA Tax Exemption
👤 Tenant Details (Your Information)
🏢 Landlord Details
📍 Property Details
💰 Rent Details
Rent Receipt Generator for HRA Tax Exemption
Rent receipts are essential documents for claiming House Rent Allowance (HRA) exemption under the Income Tax Act. If you pay rent and receive HRA as part of your salary, you can claim tax exemption by submitting rent receipts to your employer.
When is Rent Receipt Mandatory?
- Annual Rent > ₹1 Lakh: Landlord's PAN is mandatory
- HRA Claim: Required for claiming HRA exemption
- ITR Filing: Keep receipts for 6 years as proof
Frequently Asked Questions
Landlord's PAN is mandatory if your annual rent exceeds ₹1 Lakh. If the landlord doesn't have PAN, they must provide a declaration to that effect.
Yes, you can claim HRA if you pay rent to your parents. However, the rent should be genuine, and your parents must show it as rental income in their ITR.
Frequently Asked Questions
A rent receipt is a crucial document for salaried individuals to claim House Rent Allowance (HRA) exemption when filing their income tax returns. It serves as proof that you have paid rent to your landlord.
You need to provide your name, your landlord's name, the rental amount, the property address, the rental period, and optionally, the landlord's PAN if the annual rent exceeds ₹1 Lakh.
Yes, our tool allows you to generate monthly, quarterly, or annual rent receipts. You can select the period, and it will create professional receipts for the entire duration.
Yes, the receipt generated by our tool contains all the necessary fields required for a valid rent receipt. You can download it as a PDF, get it signed by your landlord, and submit it as proof for HRA claims.
A revenue stamp is required on the rent receipt if the cash payment for rent exceeds ₹5,000 per receipt. If you pay via cheque or online transfer, a revenue stamp is generally not required.