Rent Receipt Generator
Generate comprehensive rent receipts with itemized charges for HRA tax exemption claims
Receipt Details
Payment Breakdown
Payment Details
Frequently Asked Questions
Why do I need a rent receipt?
Rent receipts are mandatory to claim HRA (House Rent Allowance) tax exemption if annual rent exceeds ₹1 lakh. They serve as proof of payment for tax filing, help landlords track payments, and can be used as address proof. Employers often require them for HRA exemption processing.
What details must be included in a rent receipt?
Essential details: Receipt number, month and year, tenant name and address, landlord name and address, landlord's PAN (if annual rent > ₹1 lakh), property address, rent amount, payment mode, and both parties' signatures. For HRA exemption, PAN is mandatory if rent exceeds ₹1L/year.
Do I need my landlord's PAN number?
Yes, landlord's PAN is mandatory if total annual rent paid exceeds ₹1 lakh (₹8,334/month). This is required to claim HRA tax exemption. If landlord doesn't have PAN, they must provide a declaration stating the reason, along with their name and address.
How often should I generate rent receipts?
Generate receipts monthly for each rent payment. This creates a complete audit trail for tax purposes and helps track payment history. Keep digital and physical copies for at least 7 years as the Income Tax Department may ask for proof during assessment.
Can I claim HRA exemption without rent receipts?
No, rent receipts are mandatory proof for HRA exemption claims. For rent above ₹1 lakh/year, landlord's PAN is also required. Without proper documentation, your employer cannot process HRA exemption and you may face TDS issues. Always maintain proper rent receipts.
What if I pay rent in cash?
Cash payments are acceptable, but rent receipts become even more important as proof. For better records, consider digital payments (UPI, bank transfer) as they provide automatic documentation. If paying cash, ensure receipts are signed and dated by landlord immediately.
How to Use This Calculator
- 1
Fill in tenant details (your information), landlord details (including PAN if annual rent > ₹1L), and property address.
- 2
Enter rent amount and additional charges if any (water, electricity, maintenance). Select the month and year for the receipt.
- 3
Choose payment mode (cash, cheque, bank transfer, UPI) and add transaction reference if applicable.
- 4
Click 'Generate Receipt' to preview, then 'Print Summary' to create a PDF copy for your records and tax filing.
Key Terms & Definitions
- HRA (House Rent Allowance)
- A salary component provided by employers to cover housing expenses. Partially exempt from tax if you pay rent and have receipts.
- Landlord PAN Requirement
- PAN (Permanent Account Number) of landlord is mandatory in rent receipt if total annual rent exceeds ₹1,00,000.
- Rent Receipt Number
- Unique identifier for each receipt (e.g., RR2026-01-001). Helps track payments chronologically and prevents duplicate claims.
- Revenue Stamp
- For rent above ₹5,000/month, a revenue stamp may be required on the receipt as per state laws. Check local rules.
- Property Address
- Complete address of the rented property, required for HRA exemption claims and verification by tax authorities.
Formulas & Calculations
HRA Tax Exemption Calculation
Rent receipts are required to claim this exemption. Example: If you receive ₹20K HRA and pay ₹15K rent, only the exempt amount is tax-free.
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