Rent Receipt Generator
Create professional rent receipts - Single or Bulk generation
Receipt Details
Required if annual rent exceeds ₹1,00,000
Fill in the details and click "Generate Receipt"
Your receipt preview will appear here
HRA Tax Exemption Guide
HRA Exemption Calculation: The exemption is the minimum of:
- Actual HRA received
- 50% of salary (metro) or 40% of salary (non-metro)
- Rent paid minus 10% of salary
Documents Required:
- Rent receipts for each month
- Rent agreement copy
- Landlord's PAN (if annual rent > ₹1,00,000)
Quick Tips
✓ Use bulk generation for annual filing - saves time!
✓ Generate receipts for each month you pay rent
✓ Get all receipts signed by your landlord
✓ Keep digital and physical copies for tax filing
✓ Submit receipts to your employer for HRA exemption
✓ Landlord's PAN is mandatory if annual rent exceeds ₹1 lakh
Rent Receipt Generator
A rent receipt is a crucial document for claiming House Rent Allowance (HRA) tax exemption in India. Our free rent receipt generator helps you create professional, properly formatted rent receipts that are accepted by employers and tax authorities. With bulk generation, you can create all 12 months of receipts in seconds!
What is a Rent Receipt?
A rent receipt is a document that serves as proof of rent payment from a tenant to a landlord. It contains essential information such as the tenant's name, landlord's details, property address, rent amount, period, and receipt number. This document is mandatory for salaried employees who want to claim HRA tax exemption.
Why Are Rent Receipts Important?
- HRA Tax Exemption: Rent receipts are required to claim HRA exemption, which can significantly reduce your taxable income.
- Legal Proof: They serve as legal proof of rent payment in case of disputes.
- Employer Submission: Most employers require rent receipts to process HRA exemption in your salary.
- ITR Filing: You need rent receipts when filing your Income Tax Return (ITR) to claim HRA deduction.
Required Information for Rent Receipt
A valid rent receipt must include the following information:
- Tenant's name and address
- Landlord's name and address
- Property address (rented property location)
- Rent amount (in numbers and words)
- Period (month and year for which rent is paid)
- Receipt number and date
- Landlord's PAN number (if annual rent exceeds ₹1,00,000)
- Landlord's signature
HRA Exemption Calculation
The HRA exemption is calculated as the minimum of the following three amounts:
- Actual HRA received: The actual HRA component in your salary
- Rent paid minus 10% of salary: Actual rent paid minus 10% of (Basic + DA)
- 50% of salary (metro) or 40% of salary (non-metro):
- Metro cities: Mumbai, Delhi, Kolkata, Chennai - 50% of (Basic + DA)
- Non-metro cities: All other cities - 40% of (Basic + DA)
Bulk Receipt Generation
Our bulk generation feature allows you to create multiple rent receipts at once. Simply enter your details once, select the start month and number of months, and we'll automatically generate all receipts with auto-incrementing receipt numbers and correct dates. Perfect for annual tax filing!
Benefits of Bulk Generation:
- Save time by generating all 12 months of receipts in seconds
- Automatic receipt number incrementing
- Correct dates for each month (last day of each month)
- Consistent formatting across all receipts
- Easy to download and print all receipts
How to Use Our Rent Receipt Generator
- Choose between Single Receipt or Bulk Generation mode
- Fill in tenant details (name and address)
- Enter landlord details (name, address, and PAN if required)
- Provide property address and rent amount
- Select the month/year for the receipt (or start month and number of months for bulk)
- Click "Generate Receipt" to preview
- Download or print the receipt
- Get it signed by your landlord before submitting
Tips for Using Rent Receipts
- Generate receipts for each month you pay rent
- Get all receipts signed by your landlord
- Keep both digital and physical copies for tax filing
- Submit receipts to your employer for HRA exemption
- Use bulk generation for annual filing to save time
- Ensure landlord's PAN is included if annual rent exceeds ₹1 lakh
- Keep receipts safe as they may be required during tax assessment
Common Mistakes to Avoid When Using Rent Receipts
- Incorrect rent amount: Ensure that the amount matches your rental agreement and actual payment.
- Missing landlord details: Receipts without landlord name, address, or signature may be rejected by employers.
- Wrong receipt dates: The receipt date should always match the rent payment month.
- Not including PAN for high rent: If annual rent exceeds ₹1 lakh, landlord PAN is mandatory to claim HRA.
- Using the same receipt for multiple months: Each month must have a separate, correctly dated receipt.
Who Should Use Rent Receipts?
Rent receipts are essential for salaried employees claiming HRA but can also benefit:
- Freelancers and self-employed individuals needing proof of accommodation expenses
- Students staying in rented accommodation and requiring proof of payment
- Tenants wanting legal evidence of rent payments for dispute resolution
Digital vs Physical Rent Receipts
Employers and tax authorities accept both digital and physical rent receipts. However, keep the following in mind:
- Digital receipts: Must include all mandatory details and landlord’s signature.
- Physical receipts: Should include a revenue stamp if rent exceeds ₹5,000 per month.
- PDF receipts: Ideal for online submission and long-term storage.
Do You Need a Revenue Stamp?
A revenue stamp is required only when rent is paid in cash and exceeds ₹5,000 per month. For online or bank transfers, a revenue stamp is not mandatory. Still, some employers may request it so check your company policy.
Why Paying Rent by Bank Transfer Is Better
Paying rent digitally offers extra advantages:
- Automatic proof of rent payment (bank statement)
- No risk of lost or misplaced cash receipts
- Helps avoid disputes between landlord and tenant
- Faster processing during HRA claim verification
Example of a Correct Rent Receipt
Tenant: Akash
Landlord: Amit Sharma
Property Address: 2nd Floor, XYZ Apartments, Bangalore
Rent Amount: ₹25,000 per month
Period: January 2025
Receipt Date: 31 January 2025
Landlord PAN: ABCDE1234F (if applicable)
Disclaimer
This rent receipt generator is designed to help users prepare legally compliant receipts. However, users must ensure the accuracy of all information entered. Incorrect or false information may lead to rejection of HRA claims or legal issues.