Monthly/annual rent receipt for HRA tax exemption

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RENT RECEIPT

RENT RECEIPT

For Income Tax HRA Exemption Claim

Under Section 10(13A) of Income Tax Act, 1961


Receipt Details

Receipt No.:RR/2024-25/001
Receipt Date:5th January, 2025
Payment Period:January 2025
Financial Year:2024-25

Landlord Details

Name:Mr. RAMESH KUMAR GUPTA
Father's Name:Late Shri MOHAN LAL GUPTA
Address:45, Sector 15, Vasant Kunj
New Delhi - 110070
PAN Number:ABCPG1234F
Mobile:+91 98765 43210

Tenant Details

Name:Ms. PRIYA SHARMA
Employee ID:EMP-2020-5678
Company:Tech Solutions Pvt. Ltd.
Address:Flat 302, 3rd Floor, Sunrise Apartments
Plot 78, Sector 12, Dwarka
New Delhi - 110078
PAN Number:ABCPS5678K
Mobile:+91 98765 12345

Rented Property Details

Property Address:Flat No. 302, 3rd Floor
Sunrise Apartments, Plot No. 78
Sector 12, Dwarka
New Delhi - 110078
Property Type:2 BHK Residential Apartment
Carpet Area:1,200 sq. ft. (approximately)

Payment Details

ParticularsAmount
Monthly Rent for January 2025₹25,000/-
Total Amount Received₹25,000/-

Amount in Words: Rupees Twenty Five Thousand Only


Payment Mode

Mode of Payment:☑️ Bank Transfer / NEFT / IMPS
Transaction Reference:NEFT123456789012
Transaction Date:3rd January, 2025
Bank:HDFC Bank
Account No. (Last 4 digits):XXXX1234

Other Payment Modes:

  • Cash
  • Cheque (No.: ___________, Bank: ___________)
  • UPI (Transaction ID: _____________)

Acknowledgement

Received from Ms. PRIYA SHARMA a sum of ₹25,000/- (Rupees Twenty Five Thousand Only) towards rent for the month of January 2025 for the above-mentioned property.


Landlord Signature

Date: 5th January, 2025

Place: New Delhi

Landlord Signature
(Mr. RAMESH KUMAR GUPTA)

Revenue Stamp

REVENUE
STAMP
₹1/-

*Revenue stamp required for cash payments exceeding ₹5,000/-*


ANNUAL RENT RECEIPT SUMMARY

Financial Year: 2024-25

MonthRent AmountReceipt No.Payment DatePayment Mode
April 2024₹25,000/-RR/2024-25/00105-Apr-2024Bank Transfer
May 2024₹25,000/-RR/2024-25/00203-May-2024Bank Transfer
June 2024₹25,000/-RR/2024-25/00305-Jun-2024Bank Transfer
July 2024₹25,000/-RR/2024-25/00404-Jul-2024Bank Transfer
August 2024₹25,000/-RR/2024-25/00505-Aug-2024Bank Transfer
September 2024₹25,000/-RR/2024-25/00604-Sep-2024Bank Transfer
October 2024₹25,000/-RR/2024-25/00703-Oct-2024Bank Transfer
November 2024₹25,000/-RR/2024-25/00805-Nov-2024Bank Transfer
December 2024₹25,000/-RR/2024-25/00904-Dec-2024Bank Transfer
January 2025₹25,000/-RR/2024-25/01005-Jan-2025Bank Transfer
February 2025₹25,000/-RR/2024-25/011___-Feb-2025Bank Transfer
March 2025₹25,000/-RR/2024-25/012___-Mar-2025Bank Transfer

Annual Summary

Total Rent Paid (FY 2024-25):₹3,00,000/-
Total Months:12 Months
Rent Agreement Period:01-Apr-2024 to 31-Mar-2025
Landlord PAN:ABCPG1234F

Amount in Words: Rupees Three Lakh Only


Declaration by Landlord

I, Mr. RAMESH KUMAR GUPTA, hereby confirm that:

  1. I have received the rent as mentioned above from Ms. Priya Sharma
  2. The above property is let out to the tenant for residential purposes
  3. The rental income has been/will be duly disclosed in my Income Tax Returns
  4. My PAN details mentioned above are correct

Landlord Signature (Annual Certificate)

Date: _______________

Place: New Delhi

Landlord Signature
(Mr. RAMESH KUMAR GUPTA)
PAN: ABCPG1234F

For Employee (HRA Claim):

  • Submit these receipts to your employer for HRA exemption
  • Landlord's PAN is mandatory if annual rent exceeds ₹1,00,000/-
  • Keep copies for your records and ITR filing
  • Metro cities (Delhi, Mumbai, Kolkata, Chennai): HRA exemption up to 50% of basic salary
  • Non-metro cities: HRA exemption up to 40% of basic salary

⚠️ Important Notes:

  • Revenue stamp of ₹1/- is required for cash payments above ₹5,000/-
  • Rent receipts are mandatory proof for HRA exemption claims
  • False claims may attract penalties under Income Tax Act
  • Digital/bank transfer receipts are equally valid
  • Keep rent agreement copy along with receipts

HRA Exemption = Minimum of: (1) Actual HRA received | (2) Rent paid - 10% of salary | (3) 50%/40% of salary
Consult a tax professional for accurate calculations

Frequently Asked Questions

Is rent receipt mandatory for HRA exemption?

Rent receipts are mandatory if annual rent exceeds Rs 1 lakh. PAN of landlord is also required above Rs 1 lakh.

Is revenue stamp required on rent receipt?

Revenue stamp of Rs 1 is required on rent receipts for amounts above Rs 5000 in most states.

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